SOPV (Solar Park Initiatives) EBIT: $-1.43 Mil (TTM As of Jun. 2011)

What is Solar Park Initiatives EBIT?

Solar Park Initiatives SOPV -90.00% EBIT is $-1.43 Mil as of Jun. 2011.

Solar Park Initiatives's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2011 was $-0.31 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2011 was $-1.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Solar Park Initiatives's annualized ROC % for the quarter that ended in Jun. 2011 was -275.08%. Solar Park Initiatives's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2011 was -10,608.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Solar Park Initiatives (OTCPK:SOPV) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Solar Park Initiatives's annualized ROC % for the quarter that ended in Jun. 2011 is calculated as:

	ROC % (Q: Jun. 2011 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2011 )	+	Invested Capital (Q: Jun. 2011 ))	/ count )
=	-1.22 * ( 1 - 0% )	/	( (0.402	+	0.485)	/ 2 )
=	-1.22	/	0.4435
=	-275.08 %

where

	Invested Capital		(Q: Mar. 2011 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.269	-	0.171	-	( 0.027	-	max(0, 0.331	-	0.027	+	0.027	))
=	0.402

	Invested Capital		(Q: Jun. 2011 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.245	-	0.193	-	( 0.011	-	max(0, 0.468	-	0.035	+	0.011	))
=	0.485

Note: The Operating Income data used here is four times the quarterly (Jun. 2011) data.

2. Joel Greenblatt's definition of Return on Capital:

Solar Park Initiatives's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2011 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2011 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2011		Q: Jun. 2011
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.22	/	( ( (0.012 + max(-0.17, 0))	+	(0.011 + max(-0.428, 0)) )	/	2 )
=	-1.22	/	( ( 0.012	+	0.011 )	/	2 )
=	-1.22	/	0.0115
=	-10,608.70 %

where Working Capital is:

	Working Capital		(Q: Mar. 2011 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.171	+	0	+	-0.001)
=	-0.17

	Working Capital		(Q: Jun. 2011 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.012	+	0	+	0.012)	-	(0.193	+	0	+	0.259)
=	-0.428

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2011) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Solar Park Initiatives's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2011 )
	=	-1.429	/	0.000
	=	%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Solar Park Initiatives EBIT Related Terms

Solar Park Initiatives EBIT Historical Data

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The historical data trend for Solar Park Initiatives's EBIT can be seen below:

Solar Park Initiatives EBIT Chart

Solar Park Initiatives Annual Data

Trend

Sep08

Sep09

Sep10

EBIT

-0.01

-0.10

-1.15

Solar Park Initiatives Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11
EBIT	Get a 7-Day Free Trial								-0.48	-0.67	-0.24	-0.22	-0.31

SOPV vs ABCE, LIBE, SSOL: EBIT Comparison

For the Solar subindustry, Solar Park Initiatives's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Solar Park Initiatives EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Park Initiatives's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Solar Park Initiatives's EV-to-EBIT falls into.

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Solar Park Initiatives EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.43 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-1.43 Mil mean?

Solar Park Initiatives (SOPV) has a EBIT of $-1.43 Mil as of Jun. 2011. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Solar Park Initiatives.

Is Solar Park Initiatives' EBIT too high?

Solar Park Initiatives' current EBIT is $-1.43 Mil.

How does Solar Park Initiatives' EBIT compare to ABCE and LIBE?

Solar Park Initiatives' EBIT of $-1.43 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Semiconductors company?

A good EBIT depends on the Semiconductors industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Solar Park Initiatives. Solar Park Initiatives's current EBIT is $-1.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Solar Park Initiatives stock overvalued right now?

Solar Park Initiatives (SOPV) has a current EBIT of $-1.43 Mil. The current EBIT is $-1.43 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Solar Park Initiatives (SOPV), the current EBIT is $-1.43 Mil as of Jun. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Solar Park Initiatives Business Description

Industry Technology Semiconductors

Comparable Companies ABCE LIBE SSOL BSRC SAENF HYSR RGSE AACTF EVSI UGEIF SRWRF FFLO OPVS PVCRF SUNW QTMM YGE SOL VVPR DYSOF

Address 2500 Regency Parkway, Suite 200, Cary, NC, USA, 27518

Website http://www.solarparkinitiatives.com

Solar Park Initiatives Inc is a professional services and engineering firm providing renewable energy through photovoltaic and solar thermal technologies.