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Methes Energies International (Methes Energies International) EBIT : $-0.05 Mil (TTM As of Aug. 2023)


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What is Methes Energies International EBIT?

Methes Energies International's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2023 was $-0.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2023 was $-0.05 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Methes Energies International's annualized ROC % for the quarter that ended in Aug. 2023 was -2.70%. Methes Energies International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was -685.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Methes Energies International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was -1.58%.


Methes Energies International EBIT Historical Data

The historical data trend for Methes Energies International'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.

Methes Energies International EBIT Chart

Methes Energies International Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14
EBIT
-1.00 -0.77 -3.72 -5.13 -5.81

Methes Energies International Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 May22 Aug22 May23 Aug23
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 -0.63 - - - -0.05

Competitive Comparison of Methes Energies International's EBIT

For the Shell Companies subindustry, Methes Energies International'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.


Methes Energies International's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Methes Energies International's EV-to-EBIT distribution charts can be found below:

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



Methes Energies International 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 Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 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.


Methes Energies International  (OTCPK:MEIL) EBIT Explanation

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

Methes Energies International's annualized ROC % for the quarter that ended in Aug. 2023 is calculated as:

ROC % (Q: Aug. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2023 ) + Invested Capital (Q: Aug. 2023 ))/ count )
=-0.192 * ( 1 - 0% )/( (7.088 + 7.118)/ 2 )
=-0.192/7.103
=-2.70 %

where

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

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

Methes Energies International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2023  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.192/( ( (0.025 + max(-0.027, 0)) + (0.025 + max(0.006, 0)) )/ 2 )
=-0.192/( ( 0.025 + 0.031 )/ 2 )
=-0.192/0.028
=-685.71 %

where Working Capital is:

Working Capital(Q: May. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.052 + -0.001) - (0.077 + 0 + 0.001)
=-0.027

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.052 + -0.001) - (0.045 + 0 + 0)
=0.006

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Aug. 2023) EBIT data.

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

Methes Energies International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2023 )
=-0.048/3.043
=-1.58 %

* 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.


Methes Energies International EBIT Related Terms

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Methes Energies International (Methes Energies International) Business Description

Traded in Other Exchanges
N/A
Address
304 S. Jones Boulevard, Suite 8062, Las Vegas, NV, USA, 89107
Methes Energies International Ltd has no operations.
Executives
Johann Loewen officer: VP of Operations C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Anthony T Williams director 4111 MINT WAY, DALLAS TX 75237
Kebir Ratnani director 455 BOULEVARD RENE-LEVESQUE WEST, MONTREAL A8 H2Z 1Z3
Edward A Stoltenberg officer: CFO C/O CONVERTED ORGANICS INC., 7A COMMERCIAL WHARF WEST, BOSTON MA 02110
Michel G Laporte director, 10 percent owner, officer: Chairman and CEO PARQUE EMP. FORUM, TORRE G, PISO 1, REGUS CENTER, SANTA ANA G2 126-6155
Steven Anthony officer: VP of Sales and Marketing C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Keith Grafton officer: Plant Manager (Sombra) C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
John Pappain director C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Afrin Shams officer: Chief Accounting Officer C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Perichiyappan Senthilnathan director C/O METHES ENERGIES INTERNATIONAL LTD., 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Han Swoong Ng officer: President C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Michael Hallman officer: VP of Project Management C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103

Methes Energies International (Methes Energies International) Headlines