Foresight Solar & Technology VCT plc EBIT margin
What is the EBIT margin of Foresight Solar & Technology VCT plc?
The EBIT margin of Foresight Solar & Technology VCT plc is 119.05%
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 Finance sector on LSE compared to Foresight Solar & Technology VCT plc
What does Foresight Solar & Technology VCT plc do?
Foresight Solar & Infrastructure VCT plc is a venture capital trust of Foresight Group. The fund aims to generate returns through tax free dividends, by investing in a portfolio of new electricity generation projects in the very short term as well as longer term energy related infrastructure investments such as smart meters, and solar power generating systems supported by the United Kingdom government's Feed-in Tariff scheme. It invests in solar projects throughout Europe. The fund is a five-year planned exit VCT with an option to remain in the fund as a longer-term investor.
Companies with ebit margin similar to Foresight Solar & Technology VCT plc
- Brompton Lifeco Split has EBIT margin of 117.48%
- Invesco Asia Trust Plc has EBIT margin of 117.54%
- Cannabis Growth Opportunity has EBIT margin of 117.77%
- PS Business Parks has EBIT margin of 117.95%
- Trxade Health Inc has EBIT margin of 118.08%
- Organic Flower Invts Inc has EBIT margin of 118.51%
- Foresight Solar & Technology VCT plc has EBIT margin of 119.05%
- Fairfax Africa has EBIT margin of 119.11%
- Income Trust has EBIT margin of 120.34%
- Whitecap Resources has EBIT margin of 121.68%
- Hargreave Hale AIM VCT plc has EBIT margin of 122.37%
- Ravensource Fund has EBIT margin of 122.72%
- Draper Esprit VCT plc has EBIT margin of 124.08%