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ReneSola (XSWX:RESOL1) EV-to-EBIT : -12.14 (As of May. 04, 2024)


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What is ReneSola EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ReneSola's Enterprise Value is CHF86.33 Mil. ReneSola's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-7.11 Mil. Therefore, ReneSola's EV-to-EBIT for today is -12.14.

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

XSWX:RESOL1' s EV-to-EBIT Range Over the Past 10 Years
Min: -1164.03   Med: 14.67   Max: 4038.65
Current: -11.89

During the past 13 years, the highest EV-to-EBIT of ReneSola was 4038.65. The lowest was -1164.03. And the median was 14.67.

XSWX:RESOL1's EV-to-EBIT is ranked worse than
100% of 668 companies
in the Semiconductors industry
Industry Median: 23.975 vs XSWX:RESOL1: -11.89

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ReneSola's Enterprise Value for the quarter that ended in Dec. 2023 was CHF0.00 Mil. ReneSola's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-7.11 Mil. ReneSola's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.


ReneSola EV-to-EBIT Historical Data

The historical data trend for ReneSola'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.

ReneSola EV-to-EBIT Chart

ReneSola Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -147.07 90.73 19.80 517.23 -21.98

ReneSola Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 517.23 -1,161.73 49.04 4,266.19 -21.98

Competitive Comparison of ReneSola's EV-to-EBIT

For the Solar subindustry, ReneSola'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.


ReneSola's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ReneSola's EV-to-EBIT distribution charts can be found below:

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



ReneSola EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=86.326/-7.113
=-12.14

ReneSola's current Enterprise Value is CHF86.33 Mil.
ReneSola's 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 CHF-7.11 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.


ReneSola  (XSWX:RESOL1) 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) %.

ReneSola's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-7.113/0
= %

ReneSola's Enterprise Value for the quarter that ended in Dec. 2023 was CHF0.00 Mil.
ReneSola's 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 CHF-7.11 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.


ReneSola EV-to-EBIT Related Terms

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


ReneSola (XSWX:RESOL1) Business Description

Traded in Other Exchanges
Address
100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.

ReneSola (XSWX:RESOL1) Headlines

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