GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TeraWulf Inc (NAS:WULF) » Definitions » EBIT

TeraWulf (TeraWulf) EBIT : $-23.8 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is TeraWulf EBIT?

TeraWulf's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-3.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-23.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TeraWulf's annualized ROC % for the quarter that ended in Mar. 2024 was -3.31%. TeraWulf's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -6.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TeraWulf's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.17%.


TeraWulf EBIT Historical Data

The historical data trend for TeraWulf'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.

TeraWulf EBIT Chart

TeraWulf Annual Data
Trend Mar21 Dec22 Dec23
EBIT
- -45.80 -29.19

TeraWulf Quarterly Data
Jun21 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 -9.22 -5.79 -9.63 -4.55 -3.84

Competitive Comparison of TeraWulf's EBIT

For the Capital Markets subindustry, TeraWulf'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.


TeraWulf's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TeraWulf's EV-to-EBIT distribution charts can be found below:

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



TeraWulf 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 $-23.8 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.


TeraWulf  (NAS:WULF) EBIT Explanation

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

TeraWulf'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 )
=-14.58 * ( 1 - 0% )/( (441.532 + 440.441)/ 2 )
=-14.58/440.9865
=-3.31 %

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:

TeraWulf'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 )
=-15.372/( ( (216.227 + max(-24.002, 0)) + (248.58 + max(-15.839, 0)) )/ 2 )
=-15.372/( ( 216.227 + 248.58 )/ 2 )
=-15.372/232.4035
=-6.61 %

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 + 7.147) - (28.649 + 0 + 2.5)
=-24.002

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 6.864) - (22.703 + 0 + -1.4210854715202E-14)
=-15.839

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-23.812/1095.784
=-2.17 %

* 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.


TeraWulf EBIT Related Terms

Thank you for viewing the detailed overview of TeraWulf's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


TeraWulf (TeraWulf) Business Description

Traded in Other Exchanges
N/A
Address
9 Federal Street, Easton, MD, USA, 21601
TeraWulf Inc is a digital asset technology company with a core business of sustainable bitcoin mining. The company develops, owns and operates its bitcoin mining facility sites in the United States powered by hydro, nuclear, and solar energy.
Executives
Paul B. Prager director, 10 percent owner, officer: Chief Executive Officer 9 FEDERAL STREET, EASTON MD 21601
Michael C. Bucella director C/O TERAWULF INC., 9 FEDERAL STREET, EASTON MD 21601
Patrick Fleury officer: Chief Financial Officer C/O GSO CAPTTAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
Bryan J. Pascual 10 percent owner 53 PALMERAS STREET, SUITE 601, SAN JUAN PR 00901
Revolve Capital Llc 10 percent owner 339 DORADO BEACH EAST, DORADO PR 00646
Walter E. Carter director 9 FEDERAL STREET, EASTON MD 21601
Jason Griffin New director 280 PARK AVENUE, NEW YORK NY 10017
Kenneth J Deane officer: CFO & Treasurer 9 FEDERAL STREET, EASTON MD 21601
Stammtisch Investments Llc 10 percent owner 9 FEDERAL STREET, EASTON MD 21601
Lisa A. Prager director 9 FEDERAL STREET, EASTON MD 21601
Kerri M. Langlais officer: Chief Strategy Officer 9 FEDERAL STREET, EASTON MD 21601
Nazar M. Khan director, officer: COO & Chief Technology Officer 9 FEDERAL STREET, EASTON MD 21601
Catherine J. Motz director 9 FEDERAL STREET, EASTON MD 21601
Steven T. Pincus director 9 FEDERAL STREET, EASTON MD 21601
Bayshore Capital Llc 10 percent owner 53 PALMERAS STREET, SUITE 601, SAN JUAN PR 00901