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Charge Enterprises (Charge Enterprises) EBIT : $-35.2 Mil (TTM As of Sep. 2023)


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What is Charge Enterprises EBIT?

Charge Enterprises's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-4.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-35.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Charge Enterprises's annualized ROC % for the quarter that ended in Sep. 2023 was -26.25%. Charge Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -420.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Charge Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 617.31%.


Charge Enterprises EBIT Historical Data

The historical data trend for Charge Enterprises'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.

Charge Enterprises EBIT Chart

Charge Enterprises Annual Data
Trend Dec20 Dec21 Dec22
EBIT
-31.97 -52.34 -18.17

Charge Enterprises Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.19 -15.77 -7.56 -7.12 -4.72

Competitive Comparison of Charge Enterprises's EBIT

For the Telecom Services subindustry, Charge Enterprises'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.


Charge Enterprises's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Charge Enterprises's EV-to-EBIT distribution charts can be found below:

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



Charge Enterprises 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-35.2 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.


Charge Enterprises  (OTCPK:CRGEQ) EBIT Explanation

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

Charge Enterprises's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-25.444 * ( 1 - -11.93% )/( (101.72 + 115.236)/ 2 )
=-28.4794692/108.478
=-26.25 %

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))
=187.517 - 81.027 - ( 57.506 - max(0, 134.781 - 126.035+57.506))
=115.236

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

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

Charge Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-18.884/( ( (4.476 + max(-43.233, 0)) + (4.496 + max(-45.829, 0)) )/ 2 )
=-18.884/( ( 4.476 + 4.496 )/ 2 )
=-18.884/4.486
=-420.95 %

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)
=(74.036 + 0.118 + 3.184) - (95.747 + 24.765 + 0.058999999999997)
=-43.233

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.768 + 0.317 + 4.316) - (81.027 + 25.201 + 0.0020000000000095)
=-45.829

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Charge Enterprises's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-35.168/-5.697
=617.31 %

* 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.


Charge Enterprises EBIT Related Terms

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Charge Enterprises (Charge Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
125 Park Avenue, 25th Floor, New York, NY, USA, 10017
Charge Enterprises Inc is an electrical, broadband, and electric vehicle (EV) charging infrastructure company that provides clients with end-to-end project management services, from advising, designing, engineering, acquiring, and installing equipment, to monitoring, servicing, and maintenance. The company's operating segment includes Telecommunications and Infrastructure. It generates maximum revenue from the Telecommunications segment. The telecommunications segment provides a connection of voice calls and data to global carriers.
Executives
Gary N Jacobs director MGM MIRAGE, 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
James Biehl officer: CLO, CCO, Secretary 44 WALL STREET, 12TH FLOOR, NEW YORK NY 10005
Michael Wojtowicz officer: CEO, Pres. B W Electrical Serv 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017
Leah Schweller officer: CFO 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Philip Scala director 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Justin Deutsch director 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Paul Martin Williams officer: See Remarks 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017
Jacky Wu director 515 SOUTH FLOWER ST, 44TH FLOOR, LOS ANGELES CA 90071
Chantel E Lenard director 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Amy Hanson director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Mark R Laneve officer: President 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
Andrew Scott Fox director, 10 percent owner, officer: CEO, Director & Chairman 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Craig Harper-denson director, officer: COO, CCO, Secretary & Director 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Jeffrey Scott Kuhlman officer: Chief Communications Officer 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017
Paolo Fettuccia officer: See Remarks 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017