QS Energy (QS Energy) EBIT : $-0.89 Mil (TTM As of Dec. 2023)

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What is QS Energy EBIT?

QS Energy's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.24 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.89 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. QS Energy's annualized ROC % for the quarter that ended in Dec. 2023 was -43.04%. QS Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -37,600.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. QS Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5.93%.

QS Energy EBIT Historical Data

The historical data trend for QS Energy'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.

QS Energy EBIT Chart

QS Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-3.05

-1.82

-1.19

-0.89

QS Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-0.52	-0.24	-0.21	-0.21	-0.24

Competitive Comparison of QS Energy's EBIT

For the Oil & Gas Equipment & Services subindustry, QS Energy'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.

QS Energy's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, QS Energy's EV-to-EBIT distribution charts can be found below:

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

QS Energy 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.89 Mil.

QS Energy (OTCPK:QSEP) EBIT Explanation

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

QS Energy's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-0.94 * ( 1 - 0% )	/	( (2.208	+	2.16)	/ 2 )
=	-0.94	/	2.184
=	-43.04 %

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	))
=	0.242	-	3.078	-	( 0.214	-	max(0, 5.283	-	0.239	+	0.214	))
=	2.208

	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	))
=	0.084	-	3.17	-	( 0.07	-	max(0, 5.328	-	0.082	+	0.07	))
=	2.16

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

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

QS Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.94	/	( ( (0.003 + max(-3.053, 0))	+	(0.002 + max(-3.158, 0)) )	/	2 )
=	-0.94	/	( ( 0.003	+	0.002 )	/	2 )
=	-0.94	/	0.0025
=	-37,600.00 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.025)	-	(3.078	+	0	+	8.8817841970013E-16)
=	-3.053

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.012)	-	(3.17	+	0	+	8.8817841970013E-16)
=	-3.158

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-0.891	/	15.021
	=	-5.93 %

QS Energy EBIT Related Terms

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QS Energy (QS Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » QS Energy Inc (OTCPK:QSEP) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

23902 FM 2978, Unit No. 1, Tomball, TX, USA, 77375

Website

https://www.qsenergy.com

QS Energy Inc develops and commercializes energy efficiency technologies that assist in increased global energy demands, improvement in the economics of oil extraction and transport, and reduction of greenhouse gas emissions. Its primary technology is Applied Oil Technology (AOT), which is a commercial-grade crude oil pipeline transportation flow assurance product. The company's oil and gas market is segmented into three primary categories namely Upstream Producers, Midstream Transporters, and Downstream Refiners. The Upstream segment is involved in the exploration and production of oil and gas. Midstream companies transport oil and gas to markets via pipelines, rail, and shipping and provide storage in the field and the Downstream sector refines oil and gas into finished products.

Executives

Eric Bunting	director	10701 FORESTGATE, WICHITA KS 67206
Gary M Buchler	director	2544 RAMROCK DR., PORTER TX 77365
William Howard Green	director	3721 REDMONT TERRACE, EDMOND OK 73034
Richard William Munn	director	15 CAMELOT OAKS CT., THE WOODLANDS TX 77382
Michael Scott Mcmullen	officer: Chief Financial Officer	PO BOX 1045, TIBURON CA 94920
Jason B Lane	director, officer: Chief Executive Officer	23902 RM 2978, TUMBALL TX 77375
Thomas A. Bundros	director	735 STATE STREET, #500, SANTA BARBARA CA 93101
Don Dickson	director	5266 HOLLISTER AVENUE, SANTA BARBARA CA 93111
Mark Stubbs	director	136 W. CANON PERDIDO STREET, STE. A, SANTA BARBARA CA 93427
Ryan K Zinke	director	409 W 2ND STREET, WHITEFISH MT 59932
Greggory M Bigger	officer: CFO	5266 HOLLISTER AVENUE, SUITE 219, SANTA BARBARA CA 93111
Eugene E Eichler	officer: Interim CFO	735 STATE ST. #500, SANTA BARBARA CA 93101
Charles Blum	director, officer: Chief Executive Officer	1505 UPLAND HILLS DRIVE NORTH, UPLAND CA 91784
Cecil Bond Kyte	director	5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601
John F Price	director	5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601