GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Delta CleanTech Inc (XCNQ:DELT) » Definitions » EBIT

Delta CleanTech (XCNQ:DELT) EBIT : C$-2.81 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Delta CleanTech EBIT?

Delta CleanTech's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-1.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-2.81 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Delta CleanTech's annualized ROC % for the quarter that ended in Dec. 2023 was -89.39%. Delta CleanTech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2,858.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Delta CleanTech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -74.05%.


Delta CleanTech EBIT Historical Data

The historical data trend for Delta CleanTech'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.

Delta CleanTech EBIT Chart

Delta CleanTech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
- -4.26 -2.80 -2.81

Delta CleanTech Quarterly Data
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 -0.58 -0.21 -1.08 -0.51 -1.00

Competitive Comparison of Delta CleanTech's EBIT

For the Pollution & Treatment Controls subindustry, Delta CleanTech'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.


Delta CleanTech's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Delta CleanTech's EV-to-EBIT distribution charts can be found below:

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



Delta CleanTech 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$-2.81 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.


Delta CleanTech  (XCNQ:DELT) EBIT Explanation

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

Delta CleanTech'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 )
=-2.752 * ( 1 - 0% )/( (3.299 + 2.858)/ 2 )
=-2.752/3.0785
=-89.39 %

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:

Delta CleanTech'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 )
=-4.016/( ( (0.1 + max(0.085, 0)) + (0.096 + max(-0.108, 0)) )/ 2 )
=-4.016/( ( 0.185 + 0.096 )/ 2 )
=-4.016/0.1405
=-2,858.36 %

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)
=(0.326 + 0 + 0.067) - (0.28 + 0.029 + -0.0010000000000001)
=0.085

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.082 + 0.079 + 0.046) - (0.311 + 0.005 + -0.001)
=-0.108

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-2.813/3.799
=-74.05 %

* 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.


Delta CleanTech EBIT Related Terms

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


Delta CleanTech (XCNQ:DELT) Business Description

Traded in Other Exchanges
Address
2308 Palisade Drive S.W., Calgary, AB, CAN, T2V 3V1
Delta CleanTech Inc is a clean energy tech business. It is dedicated to providing clean technology solutions that address the environmental and social governance needs of corporations. The principal activity of Delta consists of four pillars namely CO2 capture, hydrogen production, solvent and ethanol purification, and carbon credit certification and trading. The Company operates in Canada, the United States, United Arab Emirates, Kazakhstan, and China.

Delta CleanTech (XCNQ:DELT) Headlines

No Headlines