Jade Power Trust (TSXV:JPWR.H) EBIT : C$-0.97 Mil (TTM As of Dec. 2023)

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What is Jade Power Trust EBIT?

Jade Power Trust's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-0.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.97 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jade Power Trust's annualized ROC % for the quarter that ended in Dec. 2023 was -93.64%. Jade Power Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jade Power Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.48%.

Jade Power Trust EBIT Historical Data

The historical data trend for Jade Power Trust'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.

Jade Power Trust EBIT Chart

Jade Power Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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5.93

5.29

6.10

43.41

-0.99

Jade Power Trust 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															40.81	-0.27	-0.35	-0.28	-0.06

Competitive Comparison of Jade Power Trust's EBIT

For the Utilities - Renewable subindustry, Jade Power Trust'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.

Jade Power Trust's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

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

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

Jade Power Trust 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 C$-0.97 Mil.

Jade Power Trust (TSXV:JPWR.H) EBIT Explanation

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

Jade Power Trust'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 )
=	-0.78 * ( 1 - -159.3% )	/	( (4.32	+	0)	/ 2 )
=	-2.02254	/	2.16
=	-93.64 %

where

	Invested Capital		(Q: Sep. 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	))
=	8.538	-	0.948	-	( 3.83	-	max(0, 5.268	-	8.538	+	3.83	))
=	4.32

	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	))
=	4.099	-	0.578	-	( 3.735	-	max(0, 0.578	-	4.099	+	3.735	))
=	0

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

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

Jade Power Trust'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 )
=	-0.256	/	( ( (0 + max(-0.642, 0))	+	(0 + max(-0.3, 0)) )	/	2 )
=	-0.256	/	( ( 0	+	0 )	/	2 )
=	-0.256	/	0
=	%

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)
=	(0	+	0	+	4.626)	-	(0.948	+	0	+	4.32)
=	-0.642

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.278)	-	(0.578	+	0	+	0)
=	-0.3

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-0.966	/	-12.921
	=	7.48 %

Jade Power Trust EBIT Related Terms

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Jade Power Trust (TSXV:JPWR.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Jade Power Trust (TSXV:JPWR.H) » Definitions » EBIT

Traded in Other Exchanges

TNSTF:USA

Address

181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9

Website

https://www.jadepower.com

Jade Power Trust is engaged in the energy business. It is focused on the development and generation of energy from clean energy sources. Its portfolio currently consists of wind, solar, and hydro power generation assets. The company owns and operates two wind projects named Baia and East Wind, two photovoltaic solar power production plants named Corabia and PowerLIVE, and two hydroelectric facilities named Rott and Zagra.

Jade Power Trust (TSXV:JPWR.H) Headlines

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