GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Econergy Renewable Energy Ltd (XTAE:ECNR) » Definitions » EBIT

Econergy Renewable Energy (XTAE:ECNR) EBIT : ₪117.56 Mil (TTM As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Econergy Renewable Energy EBIT?

Econergy Renewable Energy's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₪-46.59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₪117.56 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Econergy Renewable Energy's annualized ROC % for the quarter that ended in Dec. 2024 was -3.42%. Econergy Renewable Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -12.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Econergy Renewable Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 4.06%.


Econergy Renewable Energy EBIT Historical Data

The historical data trend for Econergy Renewable 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.

Econergy Renewable Energy EBIT Chart

Econergy Renewable Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial -10.01 -40.57 19.02 -40.46 111.62

Econergy Renewable Energy Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -45.58 155.03 8.94 0.17 -46.59

Competitive Comparison of Econergy Renewable Energy's EBIT

For the Utilities - Renewable subindustry, Econergy Renewable 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.


Econergy Renewable Energy's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

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

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


;
;

Econergy Renewable 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪117.56 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.


Econergy Renewable Energy  (XTAE:ECNR) EBIT Explanation

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

Econergy Renewable Energy's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-101.344 * ( 1 - 0.43% )/( (2974.129 + 2920.403)/ 2 )
=-100.9082208/2947.266
=-3.42 %

where

Invested Capital(Q: Sep. 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))
=2612.49 - 133.942 - ( 328.614 - max(0, 957.992 - 462.411+328.614))
=2974.129

Invested Capital(Q: Dec. 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))
=3063.625 - 58.089 - ( 755.988 - max(0, 775.852 - 860.985+755.988))
=2920.403

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

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

Econergy Renewable Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-186.364/( ( (1428.227 + max(-181.189, 0)) + (1489.846 + max(-86.013, 0)) )/ 2 )
=-186.364/( ( 1428.227 + 1489.846 )/ 2 )
=-186.364/1459.0365
=-12.77 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.588 + 0 + 37.64) - (133.942 + 0 + 85.475)
=-181.189

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.614 + 0 + 42.612) - (58.089 + 0 + 71.15)
=-86.013

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=117.555/2896.264
=4.06 %

* 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.


Econergy Renewable Energy EBIT Related Terms

Thank you for viewing the detailed overview of Econergy Renewable Energy's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Econergy Renewable Energy Business Description

Traded in Other Exchanges
N/A
Address
1 HaTahana Street, Menivim Tower, Kfar Saba, GBR, NW4 4DJ
Econergy Renewable Energy Ltd is an international independent power producer of utility-scale renewable energy projects. It develops, owns and operates utility-scale renewable energy projects driven by deep industry, regulatory, and technology expertise at every critical stage from origination to supply.

Econergy Renewable Energy Headlines

No Headlines