TSPG (TGI Solar Power Group) EBIT: $-0.04 Mil (TTM As of Jul. 2023)


What is TGI Solar Power Group EBIT?

TGI Solar Power Group TSPG EBIT is $-0.04 Mil as of Jul. 2023.

TGI Solar Power Group's earnings before interest and taxes (EBIT) for the six months ended in Jul. 2023 was $-0.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2023 was $-0.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TGI Solar Power Group's annualized ROC % for the quarter that ended in Jul. 2023 was -3.90%. TGI Solar Power Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TGI Solar Power Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2023 was -0.75%.

TGI Solar Power Group  (OTCPK:TSPG) EBIT Explanation

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

TGI Solar Power Group's annualized ROC % for the quarter that ended in Jul. 2023 is calculated as:

ROC % (Q: Jul. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2022 ) + Invested Capital (Q: Jul. 2023 ))/ count )
=-0.041 * ( 1 - 0% )/( (1.048 + 1.056)/ 2 )
=-0.041/1.052
=-3.90 %

where

Invested Capital(Q: Jul. 2022 )
=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))
=0.298 - 0.204 - ( 0.008 - max(0, 0.962 - 0.008+0.008))
=1.048

Invested Capital(Q: Jul. 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))
=0.292 - 0.245 - ( 0 - max(0, 1.009 - 0+0))
=1.056

Note: The Operating Income data used here is one times the annual (Jul. 2023) data.

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

TGI Solar Power Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2022  Q: Jul. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.041/( ( (0 + max(-0.204, 0)) + (0 + max(-0.245, 0)) )/ 2 )
=-0.041/( ( 0 + 0 )/ 2 )
=-0.041/0
= %

where Working Capital is:

Working Capital(Q: Jul. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.204 + 0 + 0)
=-0.204

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.245 + 0 + 0)
=-0.245

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jul. 2023) EBIT data.

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

TGI Solar Power Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2023 )
=-0.041/5.456
=-0.75 %

* 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.

TGI Solar Power Group EBIT Related Terms

TGI Solar Power Group EBIT Historical Data

* Premium members only.

The historical data trend for TGI Solar Power Group'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.

TGI Solar Power Group EBIT Chart

TGI Solar Power Group Annual Data
Trend Jul15 Jul16 Jul17 Jul22 Jul23
EBIT
-0.07 -0.12 -0.22 -0.07 -0.04

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
EBIT -0.07 -0.12 -0.22 -0.07 -0.04

TSPG vs ASTI, PTOS, GSLR: EBIT Comparison

For the Solar subindustry, TGI Solar Power Group'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.

TGI Solar Power Group EV-to-EBIT vs Semiconductors Industry

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

* The bar in red indicates where TGI Solar Power Group's EV-to-EBIT falls into.


TGI Solar Power Group 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Jul. 2023 was $-0.04 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-0.04 Mil mean?
TGI Solar Power Group (TSPG) has a EBIT of $-0.04 Mil as of Jul. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TGI Solar Power Group.
Is TGI Solar Power Group's EBIT too high?
TGI Solar Power Group's current EBIT is $-0.04 Mil.
How does TGI Solar Power Group's EBIT compare to ASTI and PTOS?
TGI Solar Power Group's EBIT of $-0.04 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 TGI Solar Power Group. TGI Solar Power Group's current EBIT is $-0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGI Solar Power Group stock overvalued right now?
TGI Solar Power Group (TSPG) has a current EBIT of $-0.04 Mil. The current EBIT is $-0.04 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 TGI Solar Power Group (TSPG), the current EBIT is $-0.04 Mil as of Jul. 2023. 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.

TGI Solar Power Group Business Description

Address 1801 North East 123rd Street, North Miami, FL, USA, 33181
TGI Solar Power Group Inc is a diversified holding company. The company offers its products and services to clients of various countries and maintains JVs and strategic alliances with installation, integration and energy consulting firms. It focuses on acquiring and developing patented technologies and processes with commercial value.