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SPI Energy Co (SPI Energy Co) EBIT : $-19.8 Mil (TTM As of Sep. 2023)


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What is SPI Energy Co EBIT?

SPI Energy Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $3.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-19.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SPI Energy Co's annualized ROC % for the quarter that ended in Sep. 2023 was 1.02%. SPI Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 23.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SPI Energy Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -26.10%.


SPI Energy Co EBIT Historical Data

The historical data trend for SPI Energy Co's EBIT can be seen below:

* 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.

* Premium members only.

SPI Energy Co EBIT Chart

SPI Energy Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 -11.29 -2.02 -38.24 -24.54

SPI Energy Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.58 -15.93 -7.38 0.42 3.08

Competitive Comparison of SPI Energy Co's EBIT

For the Solar subindustry, SPI Energy Co'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.


SPI Energy Co's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SPI Energy Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SPI Energy Co's EV-to-EBIT falls into.



SPI Energy Co 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.8 Mil.

* 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.


SPI Energy Co  (NAS:SPI) EBIT Explanation

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

SPI Energy Co's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=3.844 * ( 1 - 43.39% )/( (216.453 + 209.223)/ 2 )
=2.1760884/212.838
=1.02 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

SPI Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12.308/( ( (54.678 + max(-67.716, 0)) + (48.515 + max(-71.139, 0)) )/ 2 )
=12.308/( ( 54.678 + 48.515 )/ 2 )
=12.308/51.5965
=23.85 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.553 + 35.288 + 16.904) - (130.769 + 8.554 + 5.138)
=-67.716

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.194 + 34.139 + 16.44) - (135.637 + 5.635 + 4.64)
=-71.139

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

SPI Energy Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-19.807/75.882
=-26.10 %

* 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.


SPI Energy Co EBIT Related Terms

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SPI Energy Co (SPI Energy Co) Business Description

Traded in Other Exchanges
Address
4803 Urbani Avenue, McClellan Park, Sacramento, CA, USA, 95652
SPI Energy Co Ltd offers photovoltaic solutions for business, residential, government, and utility customers and investors. The company provides a range of engineering, procurement, and construction services to third-party project developers. It is also engaged in the development, manufacture, and marketing of various PV modules. It procures PV modules and other equipment for project construction from independent suppliers and contract work to third-party EPC contractors in areas such as logistics, installation, construction, and supervision. The company's geographical segments are the United Kingdom, Australia, United States, Greece, Japan, and Italy, of which the majority of its revenue comes from Australia.
Executives
Dejun Ye officer: Chief Executive Officer ROOM 502, NO.16, LANE 28, EAST GUILIN ST, XUHUI DISTRICT, SHANGHAI F4 200235
Yunan Ren director C/O TIGER MEDIA, INC. ROOM 1705, 511 WEIHAI ROAD, JING AN DISTRICT, SHANGHAI F4 200041
Jing Liu officer: Chief Financial Officer RM 1708 YINGU PLZA NO.9 OF N 4TH, RING ROAD WEST HAIDIAN DISTRICT, BEIJING F4 100080
Gang Dong director 2512,COSCO TOWER, 183 QUEEN'S ROAD CENTRAL, SHEUNG WAN K3 852
Xiaofeng Pen director 7TH FLOOR, BUILDING B, 2145 LONG, JINSHAJIANG ROAD, PUTUO DISTRICT, SHANGHAI F4 200333
Hoong Khoeng Cheong officer: Chief Operating Officer #04-152, BLOCK 532, BUKIT BATOK ST 5 1, SINGAPORE U0 650532
Lang Zhou director LDK SOLAR, SAIWEI ROAD, HIGH-TEC ZONE, XINYU F4 338000
Xiahou Min director, officer: Chief Executive Officer LDK SOLAR,SAIWEI ROAD, HIGH-TECH ZONE, XINYU CITY F4 338000
Charlotte Xi Klein officer: President, Global COO, CFO 201 CALIFORNIA STREET, SUITE 1250, SAN FRANCISCO CA 94111
James Pekarsky officer: Chief Financial Officer 1349A OLIVE STREET, SAN CARLO CA 94070
Dennis Wu director SOLAR POWER INC, 2240 DOUGLAS BLVD, SUITE 200, ROSEVILLE CA 95661
Ldk Solar Co., Ltd. 10 percent owner HIGH-TECH INDUSTRIAL PARK, XINYU CITY, JIANGXI PROVINCE F4 338032
Jack K Lai director C/O LDK SOLAR USA, INC., 1290 OAKMEAD PARKWAY, SUITE 306, SUNNYVALE CA 94085
Peng Xiaofeng director #15, 35/F WEST TOWER, SHUN TAK CENTRE, 200 CONNAUGHT ROAD, CENTRAL K3 00000
Joseph Bedewi officer: Chief Financial Officer SOLAR POWER INC, 1115 ORLANDO AVE, ROSEVILLE CA 95661