Horisont Energi AS (STU:9GJ) EBIT : €-10.73 Mil (TTM As of Jun. 2024)

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What is Horisont Energi AS EBIT?

Horisont Energi AS's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was €-2.52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-10.73 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Horisont Energi AS's annualized ROC % for the quarter that ended in Jun. 2024 was -336.01%. Horisont Energi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -1,412.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Horisont Energi AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 207.38%.

Horisont Energi AS EBIT Historical Data

The historical data trend for Horisont Energi AS'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.

Horisont Energi AS EBIT Chart

Horisont Energi AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-1.27

-5.13

-12.76

-16.72

Horisont Energi AS Quarterly Data
	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
EBIT	Get a 7-Day Free Trial										-5.01	-3.48	-1.66	-3.07	-2.52

Competitive Comparison of Horisont Energi AS's EBIT

For the Pollution & Treatment Controls subindustry, Horisont Energi AS'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.

Horisont Energi AS's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Horisont Energi AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Horisont Energi AS's EV-to-EBIT falls into.

Horisont Energi AS 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-10.73 Mil.

Horisont Energi AS (STU:9GJ) EBIT Explanation

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

Horisont Energi AS's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2024 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-10.564 * ( 1 - 0% )	/	( (3.319	+	2.969)	/ 2 )
=	-10.564	/	3.144
=	-336.01 %

where

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	17.205	-	1.259	-	( 14.308	-	max(0, 3.394	-	16.021	+	14.308	))
=	3.319

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	14.038	-	0.854	-	( 11.218	-	max(0, 2.707	-	12.922	+	11.218	))
=	2.969

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

Horisont Energi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2024		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-10.088	/	( ( (0.75 + max(-1.804, 0))	+	(0.678 + max(-1.129, 0)) )	/	2 )
=	-10.088	/	( ( 0.75	+	0.678 )	/	2 )
=	-10.088	/	0.714
=	-1,412.89 %

where Working Capital is:

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.392	+	0	+	0.893)	-	(1.259	+	0	+	1.83)
=	-1.804

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.193	+	0	+	1.075)	-	(0.854	+	0	+	1.543)
=	-1.129

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

Horisont Energi AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-10.732	/	-5.175
	=	207.38 %

Horisont Energi AS EBIT Related Terms

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Horisont Energi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Horisont Energi AS (STU:9GJ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

HRGI:Norway

Address

Grenseveien 21, Sandnes, NOR, 4313

Website

https://www.horisontenergi.no

Horisont Energi AS is an independent energy company. It is developing blue hydrogen, blue ammonia, and carbon storage solutions. It provides clean energy and carbon transport and storage services. It transforms gas, water, and renewable energy into clean ammonia and hydrogen and offers CO2 transportation and storage services using proprietary technology. Its Project includes Barents Blue, Gismarvik CO2 terminal, Polaris.

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