Summer Energy Holdings (Summer Energy Holdings) EBIT : $8.8 Mil (TTM As of Dec. 2023)

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What is Summer Energy Holdings EBIT?

Summer Energy Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $1.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $8.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Summer Energy Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 43.20%. Summer Energy Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 304.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Summer Energy Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 23.82%.

Summer Energy Holdings EBIT Historical Data

The historical data trend for Summer Energy Holdings'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.

Summer Energy Holdings EBIT Chart

Summer Energy Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec21

Dec22

Dec23

EBIT

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-6.35

-8.75

20.51

-7.71

8.78

Summer Energy Holdings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-1.44	18.61	-4.45	-6.62	1.24

Competitive Comparison of Summer Energy Holdings's EBIT

For the Utilities - Regulated Electric subindustry, Summer Energy Holdings'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.

Summer Energy Holdings's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Summer Energy Holdings's EV-to-EBIT distribution charts can be found below:

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

Summer Energy Holdings 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.8 Mil.

Summer Energy Holdings (OTCPK:SUME) EBIT Explanation

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

Summer Energy Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	8.084 * ( 1 - -37.77% )	/	( (26.932	+	24.628)	/ 2 )
=	11.1373268	/	25.78
=	43.20 %

where

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	107.256	-	79.308	-	( 1.016	-	max(0, 100.958	-	105.519	+	1.016	))
=	26.932

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	93.038	-	67.595	-	( 0.815	-	max(0, 88.214	-	91.511	+	0.815	))
=	24.628

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

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

Summer Energy Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	4.956	/	( ( (1.734 + max(-33.152, 0))	+	(1.523 + max(-31.2, 0)) )	/	2 )
=	4.956	/	( ( 1.734	+	1.523 )	/	2 )
=	4.956	/	1.6285
=	304.33 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(36.872	+	0	+	9.284)	-	(79.308	+	0	+	0)
=	-33.152

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(27.574	+	0	+	8.821)	-	(67.595	+	0	+	0)
=	-31.2

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	8.775	/	36.841
	=	23.82 %

Summer Energy Holdings EBIT Related Terms

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Summer Energy Holdings (Summer Energy Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Summer Energy Holdings Inc (OTCPK:SUME) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

5847 San Felipe Street, Suite 3700, Houston, TX, USA, 77057

Website

https://www.summerenergy.com

Summer Energy Holdings Inc operates as a retail electricity provider. It sells electricity and provides related billing, customer service, collections, and remittance services to residential and commercial customers. The company derives revenue from the sale of electricity to residential and small commercial customers.

Executives

Jaleea Pyle George	director, officer: CFO, Secretary	5847 SAN FELIPE STREET, #3700, HOUSTON TX 77057
James P Stapleton	director
Andrew Bursten	director	800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Jeffery Mace Meeks	director	800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Tom Davis Oleary	director, 10 percent owner	5847 SAN FELIPE STREET, #3700, HOUSTON TX 77057
Stuart Charles Gaylor	director	7807 MAIN STREET, HOUSTON TX 77030
Neil Leibman	director, 10 percent owner, officer: CEO, President	5847 SAN FELIPE STREET, #3700, HOUSTON TX 77057
Kelli Jean Mitchell	officer: Chief Operating Officer	5847 SAN FELIPE STREET, SUITE 3700, HOUSTON TX 77057
Albert Jr Larose	director	24918 PALMER COVE DRIVE, SPRING TX 77389
Angela Hanley	officer: Sr VP of Operations & Mktg	800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Maa Holdings, Ltd.	10 percent owner	515 W. FRIAR TUCK LANE, HOUSTON TX 77024
Michael D Vanderhoof	director	PO BOX 715, OAKLEY UT 84055
Tom M. Davis Family Lands Trust	10 percent owner	800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Meryl Lee Roberts	10 percent owner	800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Andrew J. Priest	director	800 BERING DRIVE, SUITE 260, HOUSTON TX 77057

Summer Energy Holdings (Summer Energy Holdings) Headlines

From GuruFocus

Summer Energy Holdings Inc (sume) CFO, Secretary Jaleea Pyle George Bought $205,880 of Shares

By [email protected] insider • 06-24-2020