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Just Energy Group (Just Energy Group) EBIT : $253 Mil (TTM As of Sep. 2022)


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What is Just Energy Group EBIT?

Just Energy Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-278 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $253 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Just Energy Group's annualized ROC % for the quarter that ended in Sep. 2022 was -89.49%. Just Energy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -20,532.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Just Energy Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 108.80%.


Just Energy Group EBIT Historical Data

The historical data trend for Just Energy Group'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.

Just Energy Group EBIT Chart

Just Energy Group Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 465.51 -28.96 -118.65 -273.90 785.85

Just Energy Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 272.64 -99.56 395.26 234.67 -277.86

Competitive Comparison of Just Energy Group's EBIT

For the Utilities - Diversified subindustry, Just Energy Group'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.


Just Energy Group's EV-to-EBIT Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Just Energy Group's EV-to-EBIT falls into.



Just Energy Group 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $253 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.


Just Energy Group  (OTCPK:JE) EBIT Explanation

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

Just Energy Group's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-1427.716 * ( 1 - 28.3% )/( (1423.754 + 864.123)/ 2 )
=-1023.672372/1143.9385
=-89.49 %

where

Invested Capital(Q: Jun. 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))
=1911.371 - 345.015 - ( 220.962 - max(0, 1374.134 - 1516.736+220.962))
=1423.754

Invested Capital(Q: Sep. 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))
=1600.062 - 848.513 - ( 182.016 - max(0, 1344.238 - 1231.664+182.016))
=864.123

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Just Energy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1111.44/( ( (5.846 + max(-171.58, 0)) + (4.98 + max(-85.079, 0)) )/ 2 )
=-1111.44/( ( 5.846 + 4.98 )/ 2 )
=-1111.44/5.413
=-20,532.79 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(147.709 + 24.263 + 904.728) - (345.015 + 1.528 + 901.737)
=-171.58

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(159.224 + 41.542 + 645.189) - (848.513 + 10.27 + 72.251)
=-85.079

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

Just Energy Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=252.508/232.077
=108.80 %

* 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.


Just Energy Group EBIT Related Terms

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Just Energy Group (Just Energy Group) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 2630, First Canadian Place, Toronto, ON, CAN, M5X 1E1
Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy-efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.

Just Energy Group (Just Energy Group) Headlines

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