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Green Hydrogen Systems A/S (OCSE:GREENH) EBIT : kr-362.72 Mil (TTM As of Dec. 2023)


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What is Green Hydrogen Systems A/S EBIT?

Green Hydrogen Systems A/S's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was kr-172.21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was kr-362.72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Green Hydrogen Systems A/S's annualized ROC % for the quarter that ended in Dec. 2023 was -17.57%. Green Hydrogen Systems A/S's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -90.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Green Hydrogen Systems A/S's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -13.83%.


Green Hydrogen Systems A/S EBIT Historical Data

The historical data trend for Green Hydrogen Systems A/S'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.

Green Hydrogen Systems A/S EBIT Chart

Green Hydrogen Systems A/S Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -12.03 -73.70 -480.53 -284.42 -362.72

Green Hydrogen Systems A/S Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -91.51 -147.14 -137.28 -190.50 -172.21

Competitive Comparison of Green Hydrogen Systems A/S's EBIT

For the Utilities - Renewable subindustry, Green Hydrogen Systems A/S'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.


Green Hydrogen Systems A/S's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Hydrogen Systems A/S's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Green Hydrogen Systems A/S's EV-to-EBIT falls into.



Green Hydrogen Systems A/S 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 semi-annually data reported by the company within the most recent 12 months, which was kr-362.72 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.


Green Hydrogen Systems A/S  (OCSE:GREENH) EBIT Explanation

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

Green Hydrogen Systems A/S'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-402.164 * ( 1 - 1.31% )/( (1917.112 + 2600.217)/ 2 )
=-396.8956516/2258.6645
=-17.57 %

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))
=1761.668 - 141.202 - ( 429.125 - max(0, 982.481 - 685.835+429.125))
=1917.112

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))
=2366.022 - 85.671 - ( 499.876 - max(0, 1101.467 - 781.601+499.876))
=2600.217

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Green Hydrogen Systems A/S'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-344.428/( ( (381.338 + max(-57.379, 0)) + (377.785 + max(5.0559999999999, 0)) )/ 2 )
=-344.428/( ( 381.338 + 382.841 )/ 2 )
=-344.428/382.0895
=-90.14 %

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)
=(28.209 + 191.45 + 24.687) - (141.202 + 0 + 160.523)
=-57.379

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51.876 + 205.799 + 9.721) - (85.671 + 0 + 176.669)
=5.0559999999999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Green Hydrogen Systems A/S's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-362.717/2621.847
=-13.83 %

* 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.


Green Hydrogen Systems A/S EBIT Related Terms

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Green Hydrogen Systems A/S (OCSE:GREENH) Business Description

Traded in Other Exchanges
Address
Nordager 21, Kolding, DNK, DK-6000
Green Hydrogen Systems A/S is a provider of standardised and modular electrolysers for the production of green hydrogen solely based on renewable energy. The firm caters to industries that establish on-site green hydrogen production for different purposes as well as energy and transport companies being at the forefront of the development of Power-to-X applications and transition towards emission-free fuel. It generates revenue from the sale and installation of complete alkaline electrolysis solutions as well as the service of the installed systems. The company derives its revenue from Denmark, Norway, Sweden and other countries.

Green Hydrogen Systems A/S (OCSE:GREENH) Headlines

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