Stardust Solar Energy (TSXV:SUN) EBIT : C$ Mil (TTM As of Jun. 2024)

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What is Stardust Solar Energy EBIT?

Stardust Solar Energy's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was C$-0.52 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Stardust Solar Energy's annualized ROC % for the quarter that ended in Jun. 2024 was -433.12%. Stardust Solar Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -7,688.89%.

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

Stardust Solar Energy EBIT Historical Data

The historical data trend for Stardust Solar Energy'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.

Stardust Solar Energy EBIT Chart

Stardust Solar Energy Annual Data

Trend

EBIT

Stardust Solar Energy Quarterly Data
	Jun23	Jun24
EBIT	0.04	-0.52

Competitive Comparison of Stardust Solar Energy's EBIT

For the Utilities - Renewable subindustry, Stardust Solar Energy'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.

Stardust Solar Energy's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Stardust Solar Energy's EV-to-EBIT distribution charts can be found below:

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

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Stardust Solar Energy 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 C$ Mil.

Stardust Solar Energy (TSXV:SUN) EBIT Explanation

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

Stardust Solar Energy'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: Jun. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-2.04 * ( 1 - 0% )	/	( (0	+	0.471)	/ 1 )
=	-2.04	/	0.471
=	-433.12 %

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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	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	))
=	0.645	-	1.429	-	( 0.347	-	max(0, 1.85	-	0.595	+	0.347	))
=	0.471

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

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

Stardust Solar Energy'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: Jun. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.076	/	( ( (0 + max(0, 0))	+	(0.027 + max(-1.585, 0)) )	/	1 )
=	-2.076	/	( ( 0	+	0.027 )	/	1 )
=	-2.076	/	0.027
=	-7,688.89 %

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)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.22	+	0.012	+	0.016)	-	(1.429	+	0.087	+	0.317)
=	-1.585

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=		/	9.403
	=	%

Stardust Solar Energy EBIT Related Terms

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Stardust Solar Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Stardust Solar Energy Inc (TSXV:SUN) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

6330:Germany

Address

B101 – 9000 Bill Fox Way, Burnaby, BC, CAN, V5J 5J3

Website

https://www.stardustsolar.com

Stardust Solar Energy Inc is a franchisor of renewable energy installation services, including solar panels (PV), energy storage systems, and electric vehicle supply equipment. It lends its brand and business management services to entrepreneurs looking to enter the industry of renewable energies. Stardust franchisees install and maintain clean energy systems for residential and commercial purposes. As a franchisor, the company supplies its franchisees with the following products: solar PV equipment, energy storage equipment, and electric vehicle supply equipment. In addition, the company supports its franchisees with many services including marketing, sales, engineering, plan sets, customer service, and project management.

Executives

Mark Tadros

10% Security Holder, Director, Senior Officer