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Carbon Revolution (ASX:CBR) EBIT : A$-74.02 Mil (TTM As of Jun. 2023)


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What is Carbon Revolution EBIT?

Carbon Revolution's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was A$-47.57 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was A$-74.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Carbon Revolution's annualized ROC % for the quarter that ended in Jun. 2023 was -55.69%. Carbon Revolution's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -110.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Carbon Revolution's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -72.67%.

Carbon Revolution EBIT Historical Data

The historical data trend for Carbon Revolution'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.

Carbon Revolution EBIT Chart

Carbon Revolution Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
- -111.37 -30.40 -42.04 -74.02

Carbon Revolution Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
EBIT Get a 7-Day Free Trial -16.44 -21.25 -20.79 -26.44 -47.57

Competitive Comparison of Carbon Revolution's EBIT

For the Auto Parts subindustry, Carbon Revolution'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.

Carbon Revolution's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Carbon Revolution's EV-to-EBIT distribution charts can be found below:

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


Carbon Revolution 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-74.02 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.

Carbon Revolution  (ASX:CBR) EBIT Explanation

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

Carbon Revolution's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-64.998 * ( 1 - 0% )/( (110.15 + 123.281)/ 2 )
=-64.998/116.7155
=-55.69 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=127.072 - 8.12 - ( 14.078 - max(0, 36.29 - 45.092+14.078))
=110.15

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))
=158.337 - 15.474 - ( 19.582 - max(0, 45.572 - 71.479+19.582))
=123.281

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

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

Carbon Revolution's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-95.148/( ( (66.292 + max(15.938, 0)) + (70.084 + max(19.752, 0)) )/ 2 )
=-95.148/( ( 82.23 + 89.836 )/ 2 )
=-95.148/86.033
=-110.59 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.674 + 20.754 + 4.586) - (8.12 + 0 + 6.956)
=15.938

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.383 + 22.173 + 23.294) - (15.474 + 1.919 + 13.705)
=19.752

When net working capital is negative, 0 is used.

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

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

Carbon Revolution's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-74.018/101.852
=-72.67 %

* 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.

Carbon Revolution EBIT Related Terms

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Carbon Revolution (ASX:CBR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Carbon Revolution Ltd (ASX:CBR) » Definitions » EBIT
Comparable Companies
ASX:ABV ASX:RPM ASX:SIX ASX:AMA ASX:NTD TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON LKQ SHSE:601689 SZSE:002920 TSE:7259 BWA
Traded in Other Exchanges
N/A
Address
75 Pigdons Road, Geelong Technology Precinct, Building NR, Waurn Ponds, Geelong, VIC, AUS, 3216
Website
https://www.carbonrev.com
Carbon Revolution Ltd is a company engaged in the manufacture and sale of carbon fibre wheels and research and development projects related to carbon fibre wheel technology. Geographically, the group has a business presence in Australia and other international countries, of which key revenue is derived from the international countries. It offers products to the global automotive industry.

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