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Brookfield Renewable Power Preferred Equity (TSX:BRF.PR.E.PFD) EBIT : C$2,396.50 Mil (TTM As of Dec. 2023)


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What is Brookfield Renewable Power Preferred Equity EBIT?

Brookfield Renewable Power Preferred Equity's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$822.40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$2,396.50 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Brookfield Renewable Power Preferred Equity's annualized ROC % for the quarter that ended in Dec. 2023 was 1.43%. Brookfield Renewable Power Preferred Equity's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.10%.

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


Brookfield Renewable Power Preferred Equity EBIT Historical Data

The historical data trend for Brookfield Renewable Power Preferred Equity'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.

Brookfield Renewable Power Preferred Equity EBIT Chart

Brookfield Renewable Power Preferred Equity Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,480.20 1,004.23 1,189.12 1,847.56 2,944.81

Brookfield Renewable Power Preferred Equity Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 304.13 460.53 814.14 759.96 822.40

Competitive Comparison of Brookfield Renewable Power Preferred Equity's EBIT

For the Utilities - Independent Power Producers subindustry, Brookfield Renewable Power Preferred Equity'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.


Brookfield Renewable Power Preferred Equity's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Brookfield Renewable Power Preferred Equity's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Brookfield Renewable Power Preferred Equity's EV-to-EBIT falls into.



Brookfield Renewable Power Preferred Equity 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 C$2,396.50 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.


Brookfield Renewable Power Preferred Equity  (TSX:BRF.PR.E.PFD) EBIT Explanation

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

Brookfield Renewable Power Preferred Equity'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=778.128 * ( 1 - -73.68% )/( (85823.575 + 103649.333)/ 2 )
=1351.4527104/94736.454
=1.43 %

where

Invested Capital(Q: Jun. 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))
=87556.069 - 2181.561 - ( 1453.488 - max(0, 5255.942 - 4806.875+1453.488))
=85823.575

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))
=102133.325 - 3082.997 - ( 1461.002 - max(0, 10783.781 - 6184.776+1461.002))
=103649.333

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

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

Brookfield Renewable Power Preferred Equity'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3289.604/( ( (74749.693 + max(-670.943, 0)) + (85869.108 + max(-1878.24, 0)) )/ 2 )
=3289.604/( ( 74749.693 + 85869.108 )/ 2 )
=3289.604/80309.4005
=4.10 %

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)
=(866.247 + 53.144 + 1684.665) - (2181.561 + 39.858 + 1053.58)
=-670.943

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(888.139 + 148.918 + 1192.682) - (3082.997 + 46.956 + 978.026)
=-1878.24

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:

Brookfield Renewable Power Preferred Equity's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=2396.498/0.000
= %

* 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.


Brookfield Renewable Power Preferred Equity EBIT Related Terms

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Brookfield Renewable Power Preferred Equity (TSX:BRF.PR.E.PFD) Business Description

Address
181 Bay Street, Brookfield Place, Suite 300, P.O. Box 762, Toronto, ON, CAN, M5J 2T3
Brookfield Renewable Power Preferred Equity Inc is an asset management company investing in real estate, infrastructure, renewable power, and private equity. The company engages in owning a portfolio of renewable power-generating facilities in North America, Colombia, Brazil, Europe, India, and China. It operates in segments including hydroelectric, wind, solar, utility-scale solar, distributed energy & sustainable solutions and Corporate. The maximum revenue is generated from the hydroelectric segment in the North American region.

Brookfield Renewable Power Preferred Equity (TSX:BRF.PR.E.PFD) Headlines

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