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Nxu (NXU) EBIT : $-34.34 Mil (TTM As of Mar. 2024)


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What is Nxu EBIT?

Nxu's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-6.54 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-34.34 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nxu's annualized ROC % for the quarter that ended in Mar. 2024 was -195.87%. Nxu's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -409.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nxu's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -3,946.90%.


Nxu EBIT Historical Data

The historical data trend for Nxu'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.

Nxu EBIT Chart

Nxu Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-133.74 -71.52 -40.11

Nxu Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.17 -14.67 -10.92 -2.21 -6.54

Competitive Comparison of Nxu's EBIT

For the Electrical Equipment & Parts subindustry, Nxu'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.


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

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

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



Nxu 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 $-34.34 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.


Nxu  (NAS:NXU) EBIT Explanation

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

Nxu'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 )
=-26.34 * ( 1 - 0% )/( (11.555 + 15.341)/ 2 )
=-26.34/13.448
=-195.87 %

where

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

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

Nxu'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 )
=-26.164/( ( (5.372 + max(-4.118, 0)) + (7.398 + max(-4.726, 0)) )/ 2 )
=-26.164/( ( 5.372 + 7.398 )/ 2 )
=-26.164/6.385
=-409.77 %

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 + 0 + 0.627) - (3.218 + 0 + 1.527)
=-4.118

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.51) - (2.772 + 0 + 2.464)
=-4.726

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-34.338/0.870
=-3,946.90 %

* 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.


Nxu EBIT Related Terms

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Nxu (NXU) Business Description

Traded in Other Exchanges
N/A
Address
1828 N Higley Road, Suite 116, Mesa, AZ, USA, 85205
Nxu Inc is engaged in Research & development, and manufacturing of Scalable battery packs. The company is making 15-minute charge times possible for the most demanding equipment and vehicle applications. It has Increased energy density, packaging efficiency, and superior thermodynamics making Qcells the solution to today's electrification problem. The company's Products include Qcell, Qube, and Qube Plus.
Executives
Gem Global Yield Llc Scs 10 percent owner 12C, RUE GUILLAUME J. KROLL, LUXEMBOURG N4 L-1882
Jessica Billingsley director AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706
Caryn M. Nightengale director C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Annie Pratt director, 10 percent owner, officer: President C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Apoorv Dwivedi officer: Chief Financial Officer C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Mark Hanchett director, 10 percent owner, officer: Chief Executive Officer C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Kate Sieker officer: VP of People C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Bourgeois Benoit Le officer: VP of User Experience C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Charles David Apps officer: VP of Operations C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205