Sharc International Systems (XCNQ:SHRC) EBIT : C$-3.66 Mil (TTM As of Dec. 2023)

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What is Sharc International Systems EBIT?

Sharc International Systems's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-0.60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-3.66 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sharc International Systems's annualized ROC % for the quarter that ended in Dec. 2023 was -98.54%. Sharc International Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -164.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sharc International Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -13.47%.

Sharc International Systems EBIT Historical Data

The historical data trend for Sharc International Systems'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.

Sharc International Systems EBIT Chart

Sharc International Systems Annual Data

Trend

Oct14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-2.65

-2.09

-1.97

-3.96

-3.66

Sharc International Systems 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															-1.09	-0.61	-1.55	-0.90	-0.60

Competitive Comparison of Sharc International Systems's EBIT

For the Pollution & Treatment Controls subindustry, Sharc International Systems'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.

Sharc International Systems's EV-to-EBIT Distribution in the Industrial Products Industry

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

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

Sharc International Systems 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$-3.66 Mil.

Sharc International Systems (XCNQ:SHRC) EBIT Explanation

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

Sharc International Systems'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 )
=	-1.884 * ( 1 - 0% )	/	( (2.066	+	1.758)	/ 2 )
=	-1.884	/	1.912
=	-98.54 %

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	))
=	4.483	-	0.412	-	( 2.005	-	max(0, 0.554	-	4.081	+	2.005	))
=	2.066

	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	))
=	3.462	-	0.462	-	( 1.242	-	max(0, 0.645	-	3.172	+	1.242	))
=	1.758

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

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

Sharc International Systems'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 )
=	-2.404	/	( ( (0.301 + max(1.095, 0))	+	(0.239 + max(1.294, 0)) )	/	2 )
=	-2.404	/	( ( 1.396	+	1.533 )	/	2 )
=	-2.404	/	1.4645
=	-164.15 %

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)
=	(0.055	+	1.395	+	0.07)	-	(0.412	+	0.013	+	1.1102230246252E-16)
=	1.095

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.066	+	1.717	+	0.055)	-	(0.462	+	0.082	+	0)
=	1.294

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-3.658	/	27.150
	=	-13.47 %

Sharc International Systems EBIT Related Terms

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Sharc International Systems (XCNQ:SHRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sharc International Systems Inc (XCNQ:SHRC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

INTWF:USA

Address

1443 Spitfire Place, Port Coquitlam, BC, CAN, V3C 6L4

Website

https://www.sharcenergy.com

Sharc International Systems Inc is engaged in providing wastewater heat exchange expertise and products that serve commercial, industrial, public utilities and residential development projects objectives of reducing their carbon footprint while saving on energy costs. The company operates in a single operating segment namely, Sales and marketing of Wastewater energy transfer equipment.

Executives

Eleanor Pui Fong Chiu

Director