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GRIID Infrastructure (NEOE:GRDI) EV-to-EBIT : -14.50 (As of May. 20, 2024)


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What is GRIID Infrastructure EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, GRIID Infrastructure's Enterprise Value is C$185.00 Mil. GRIID Infrastructure's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-12.76 Mil. Therefore, GRIID Infrastructure's EV-to-EBIT for today is -14.50.

The historical rank and industry rank for GRIID Infrastructure's EV-to-EBIT or its related term are showing as below:

NEOE:GRDI' s EV-to-EBIT Range Over the Past 10 Years
Min: -38.72   Med: -15.48   Max: -10.17
Current: -14.5

During the past 3 years, the highest EV-to-EBIT of GRIID Infrastructure was -10.17. The lowest was -38.72. And the median was -15.48.

NEOE:GRDI's EV-to-EBIT is ranked worse than
100% of 485 companies
in the Capital Markets industry
Industry Median: 9.62 vs NEOE:GRDI: -14.50

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. GRIID Infrastructure's Enterprise Value for the quarter that ended in Mar. 2024 was C$237.98 Mil. GRIID Infrastructure's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-12.76 Mil. GRIID Infrastructure's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -5.36%.


GRIID Infrastructure EV-to-EBIT Historical Data

The historical data trend for GRIID Infrastructure's EV-to-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.

GRIID Infrastructure EV-to-EBIT Chart

GRIID Infrastructure Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
- - -

GRIID Infrastructure Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial - - - - -18.66

Competitive Comparison of GRIID Infrastructure's EV-to-EBIT

For the Capital Markets subindustry, GRIID Infrastructure'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.


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

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

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



GRIID Infrastructure EV-to-EBIT Calculation

GRIID Infrastructure's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=185.004/-12.755
=-14.50

GRIID Infrastructure's current Enterprise Value is C$185.00 Mil.
GRIID Infrastructure's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-12.76 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.


GRIID Infrastructure  (NEOE:GRDI) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

GRIID Infrastructure's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-12.755/237.975415
=-5.36 %

GRIID Infrastructure's Enterprise Value for the quarter that ended in Mar. 2024 was C$237.98 Mil.
GRIID Infrastructure's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-12.76 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.


GRIID Infrastructure EV-to-EBIT Related Terms

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GRIID Infrastructure (NEOE:GRDI) Business Description

Comparable Companies
Traded in Other Exchanges
Address
2577 Duck Creek Road, Cincinnati, OH, USA, 45212
Website
Griid Holdco LLC is a vertically integrated Bitcoin mining company. It owns and operates a growing portfolio of energy infrastructure and high-density data centers across North America. The Company has built a cryptocurrency mining operation, which operates specialized computers (also known as miners) that generate cryptocurrency. Currently, the only cryptocurrency mined by GRIID is Bitcoin.

GRIID Infrastructure (NEOE:GRDI) Headlines