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Equatorial Energia (Equatorial Energia) EBIT : $1,507 Mil (TTM As of Mar. 2024)


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What is Equatorial Energia EBIT?

Equatorial Energia's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $331 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $1,507 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Equatorial Energia's annualized ROC % for the quarter that ended in Mar. 2024 was 19.83%. Equatorial Energia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 80.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Equatorial Energia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.20%.


Equatorial Energia EBIT Historical Data

The historical data trend for Equatorial Energia'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.

Equatorial Energia EBIT Chart

Equatorial Energia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,478.65 1,148.59 929.84 1,038.75 1,484.46

Equatorial Energia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 289.53 363.98 456.98 355.76 330.67

Competitive Comparison of Equatorial Energia's EBIT

For the Utilities - Regulated Electric subindustry, Equatorial Energia'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.


Equatorial Energia's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Equatorial Energia's EV-to-EBIT distribution charts can be found below:

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



Equatorial Energia 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,507 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.


Equatorial Energia  (OTCPK:EQUEY) EBIT Explanation

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

Equatorial Energia's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=4185.692 * ( 1 - 18.56% )/( (17197.572 + 17187.251)/ 2 )
=3408.8275648/17192.4115
=19.83 %

where

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))
=21152.588 - 1954.214 - ( 2497.589 - max(0, 3704.107 - 5704.909+2497.589))
=17197.572

Invested Capital(Q: Mar. 2024 )
=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))
=20172.799 - 1739.233 - ( 1806.468 - max(0, 3451.643 - 4697.958+1806.468))
=17187.251

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Equatorial Energia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1322.68/( ( (1606.415 + max(14.173, 0)) + (1619.87 + max(37.378999999999, 0)) )/ 2 )
=1322.68/( ( 1620.588 + 1657.249 )/ 2 )
=1322.68/1638.9185
=80.70 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1717.376 + 27.676 + 896.142) - (1954.214 + 0 + 672.807)
=14.173

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1712.252 + 27.175 + 612.001) - (1739.233 + 0 + 574.816)
=37.378999999999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Equatorial Energia's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1507.39/14783.419
=10.20 %

* 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.


Equatorial Energia EBIT Related Terms

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Equatorial Energia (Equatorial Energia) Business Description

Traded in Other Exchanges
Address
Alameda A - Quadra SQS, No. 100, Altos do Calhau, Sao Luiz, MA, BRA, 65071680
Equatorial Energia SA is primarily a holding company engaged in the ownership of other firms in the electric energy generation and distribution industries in Brazil. Collectively, Equatorial Energia's main subsidiaries are involved in electric energy distribution, telecommunications, data transmission, electric energy generation, and the operation and implementation of thermoelectric power plants in the country. The company's operating segments are Distribution, Transmission, Services, Trading, Central Administration, and Others. Revenue from the provision of construction services is significant for Equatorial Energia SA.

Equatorial Energia (Equatorial Energia) Headlines

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