NET Power (NET Power) EBIT : $-153.24 Mil (TTM As of Mar. 2024)

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What is NET Power EBIT?

NET Power's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-38.78 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-153.24 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NET Power's annualized ROC % for the quarter that ended in Mar. 2024 was -7.69%. NET Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -153.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NET Power's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -94.16%.

NET Power EBIT Historical Data

The historical data trend for NET Power'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.

NET Power EBIT Chart

NET Power Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-49.99

NET Power Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial								-17.04	-	-38.67	-75.79	-38.78

Competitive Comparison of NET Power's EBIT

For the Specialty Industrial Machinery subindustry, NET Power'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.

NET Power's EV-to-EBIT Distribution in the Industrial Products Industry

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

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

NET Power 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 $-153.24 Mil.

NET Power (NYSE:NPWR) EBIT Explanation

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

NET Power'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 )
=	-155.132 * ( 1 - 8.84% )	/	( (1832.616	+	1846.568)	/ 2 )
=	-141.4183312	/	1839.592
=	-7.69 %

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	))
=	2471.05	-	9.658	-	( 636.927	-	max(0, 12.021	-	640.797	+	636.927	))
=	1832.616

	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	))
=	2445.402	-	9.363	-	( 597.785	-	max(0, 10.546	-	600.017	+	597.785	))
=	1846.568

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

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

NET Power'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 )
=	-155.132	/	( ( (99.068 + max(-9.746, 0))	+	(103.219 + max(-8.323, 0)) )	/	2 )
=	-155.132	/	( ( 99.068	+	103.219 )	/	2 )
=	-155.132	/	101.1435
=	-153.38 %

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)
=	(0.058	+	0	+	1.87)	-	(9.658	+	0	+	2.016)
=	-9.746

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	1.859)	-	(9.363	+	0	+	0.819)
=	-8.323

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:

NET Power's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-153.239	/	162.739
	=	-94.16 %

NET Power EBIT Related Terms

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NET Power (NET Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NET Power Inc (NYSE:NPWR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

404 Hunt Street, Suite 410, Durham, NC, USA, 27701

Website

https://www.netpower.com

NET Power Inc is a clean energy technology company with a mission to deliver the Energy Trifecta: clean, reliable, and low-cost energy. The invents, develops, and licenses clean power generation technology. Its technology provides reliable, on-demand natural gas power with life cycle emissions.

Executives

James Mahon	officer: General Counsel	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brandon Heffinger	officer: Chief Commercial Officer	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Sk Inc.	10 percent owner	26, JONG-RO, JONGNO-GU, SEOUL M5 03188
Oxy Low Carbon Ventures, Llc	director, 10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Olcv Net Power, Llc	director, 10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Npeh, Llc	10 percent owner	406 BLACKWELL STREET, 4TH FLOOR, DURHAM NC 27701
8 Rivers Capital, Llc	10 percent owner	406 BLACKWELL STREET, 4TH FLOOR, DURHAM NC 27701
Brock Forrest	officer: Chief Technology Officer	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Akash S. Patel	officer: Chief Financial Officer	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Eunkyung Sung	director	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brian F. Allen	officer: President and COO	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Carol R. Peterson	director	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brad Pollack	director	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Constellation Energy Corp	10 percent owner	1310 POINT STREET, BALTIMORE MD 21231
Constellation Energy Generation Llc	10 percent owner	200 EXELON WAY, KENNETT SQUARE PA 19348-2473