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iSun (ISUN) EBIT : $-17.68 Mil (TTM As of Dec. 2023)


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What is iSun EBIT?

iSun's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-11.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-17.68 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. iSun's annualized ROC % for the quarter that ended in Dec. 2023 was -19.87%. iSun's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -305.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. iSun's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -121.58%.


iSun EBIT Historical Data

The historical data trend for iSun'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.

iSun EBIT Chart

iSun 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 3.88 -1.17 -7.64 -53.18 -17.68

iSun Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -39.70 -2.65 -2.05 -1.96 -11.02

Competitive Comparison of iSun's EBIT

For the Solar subindustry, iSun'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.


iSun's EV-to-EBIT Distribution in the Semiconductors Industry

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

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



iSun 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 $-17.68 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.


iSun  (OTCPK:ISUN) EBIT Explanation

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

iSun'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-9.96 * ( 1 - -0.28% )/( (55.883 + 44.664)/ 2 )
=-9.987888/50.2735
=-19.87 %

where

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

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

iSun'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-44.096/( ( (14.776 + max(-15.513, 0)) + (14.126 + max(-17.484, 0)) )/ 2 )
=-44.096/( ( 14.776 + 14.126 )/ 2 )
=-44.096/14.451
=-305.14 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.127 + 1.569 + 1.698) - (25.46 + 6.447 + -7.105427357601E-15)
=-15.513

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.987 + 1.494 + 0.973) - (25.914 + 7.024 + 0)
=-17.484

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-17.679/14.541
=-121.58 %

* 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.


iSun EBIT Related Terms

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


iSun (ISUN) Business Description

Traded in Other Exchanges
Address
400 Avenue D, Suite 10, Williston, VT, USA, 05495
iSun Inc is a solar energy services and infrastructure deployment company. Its service provides services include solar, storage, and electric vehicle infrastructure, design, development and professional services, engineering, procurement, installation, O&M, and storage. It operates in all solar markets including residential, commercial, industrial, and utility segments.
Executives
Claudia Michel Meer director 5425 WICKFORD DRIVE, NORTH BETHESDA MD 20852
Frederick Jr Myrick director, 10 percent owner, officer: Executive Vice President 1 HICKORY LANE, ESSEX JUNCTION VT 05452
Jeffrey Peck director, 10 percent owner, officer: Chief Executive Officer 618 BRENNAN WOODS DRIVE, WILLISTON VT 05495
John Patrick Sullivan officer: Chief Financial Officer 97 OVERLAKE PARK, BURLINGTON VT 05401
Michael Paul D'amato officer: Chief Strategy Officer 208 MIDWOOD STREET, BROOKLYN NY 11225
Daniel Reid Dus officer: President of iSun Industrial 850 SUMMER ST, M9, LEE MA 01238
Andrew Christian Matthy director 400 AVENUE D, WILLISTON VT 05495
Merritt Harold Kenneth Jr. officer: Secretary C/O ISUN, INC., 400 AVE D, SUITE 10, WILLISTON VT 05495
Sass Peress officer: Chief Innovation Officer 7501 MOUNTAIN SIGHTS, APT 505, MONTREAL A8 H4P0A8
Mats Wennberg 10 percent owner 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Joseph A Bobier other: Member of group that owns 10% 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Roger G Branton 10 percent owner 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Richard L Mooers 10 percent owner 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Douglas Rose director 802 HITCHING POST RD, VISTA CA 92081
Stewart I. Martin director 598 SW 16TH STREET, BOCA RATON FL 33432

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