Greencoat Renewables PLC EBIT margin
What is the EBIT margin of Greencoat Renewables PLC?
The EBIT margin of Greencoat Renewables PLC is -16,756.25%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Utilities sector on EURONEXT compared to Greencoat Renewables PLC
What does Greencoat Renewables PLC do?
Greencoat Renewables PLC invests in, acquires, operates, and manages wind farms in Ireland and France. As of December 31, 2020, it operated 21 wind farms with an aggregate generating capacity of 557 megawatts in Ireland. It also invests in wind and solar assets in other Northern European countries. Greencoat Renewables PLC was incorporated in 2017 and is based in Dublin, Ireland.
Companies with ebit margin similar to Greencoat Renewables PLC
- BPM Minerals has EBIT margin of -18,461.66%
- Monaker Inc has EBIT margin of -18,242.28%
- The9 has EBIT margin of -17,905.03%
- Strata-X has EBIT margin of -17,610.92%
- Cellular Biomedicine Inc has EBIT margin of -16,970.08%
- Altisource Asset Management Corp has EBIT margin of -16,954.11%
- Greencoat Renewables PLC has EBIT margin of -16,756.25%
- Canoo has EBIT margin of -16,493.23%
- Real Luck has EBIT margin of -16,346.41%
- Cytokinetics Inc has EBIT margin of -16,309.64%
- Geron has EBIT margin of -15,179.32%
- NEXE Innovations has EBIT margin of -15,090.44%
- Loop Industries Inc has EBIT margin of -14,740.46%