ZOOZ (Zooz Power) EBIT : $-11.76 Mil (TTM As of Jun. 2024)

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What is Zooz Power EBIT?

Zooz Power's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $-5.26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $-11.76 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zooz Power's annualized ROC % for the quarter that ended in Jun. 2024 was -171.23%. Zooz Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -258.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zooz Power's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -43.74%.

Zooz Power EBIT Historical Data

The historical data trend for Zooz Power'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.

Zooz Power EBIT Chart

Zooz Power Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-4.54

-8.20

-12.21

Zooz Power Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
EBIT	-	-	-5.71	-6.50	-5.26

Competitive Comparison of Zooz Power's EBIT

For the Specialty Retail subindustry, Zooz Power'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.

Zooz Power's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zooz Power's EV-to-EBIT distribution charts can be found below:

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

Zooz Power 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 semi-annually data reported by the company within the most recent 12 months, which was $-11.76 Mil.

Zooz Power (NAS:ZOOZ) EBIT Explanation

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

Zooz Power'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: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-10.518 * ( 1 - 0% )	/	( (5.15	+	7.135)	/ 2 )
=	-10.518	/	6.1425
=	-171.23 %

where

	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	))
=	13.477	-	1.655	-	( 6.672	-	max(0, 3.252	-	10.272	+	6.672	))
=	5.15

	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	))
=	18.014	-	0.847	-	( 11.228	-	max(0, 5.115	-	15.147	+	11.228	))
=	7.135

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Zooz Power'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: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-10.518	/	( ( (2.902 + max(0.657, 0))	+	(2.544 + max(2.042, 0)) )	/	2 )
=	-10.518	/	( ( 3.559	+	4.586 )	/	2 )
=	-10.518	/	4.0725
=	-258.27 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	2.848	+	0.752)	-	(1.655	+	0.268	+	1.02)
=	0.657

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	2.47	+	1.449)	-	(0.847	+	0.368	+	0.662)
=	2.042

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-11.762	/	26.892
	=	-43.74 %

Zooz Power EBIT Related Terms

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Zooz Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zooz Power Ltd (NAS:ZOOZ) » Definitions » EBIT

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ZOOZ:Israel

Address

Hamelacha 4B, Lod, ISR, 7152008

Website

https://www.zoozpower.com

Zooz Power Ltd is a provider of Flywheel-based Power Boosting solutions enabling widespread deployment of ultra-fast charging infrastructure for electric vehicles (EV) while overcoming existing grid limitations. ZOOZ pioneers its flywheel-based power boosting technology, enabling efficient utilization and power management of a power-limited grid at an EV charging site. Its Flywheel technology allows high-performance, reliable, and cost-effective ultra-fast charging infrastructure. ZOOZ Power's sustainable, power-boosting solutions are built with longevity and the environment in mind, helping its customers and partners accelerate the deployment of fast-charging infrastructure, thus facilitating improved utilization rates, efficiency, and greater flexibility.