Foresight LP EBIT margin
What is the EBIT margin of Foresight LP?
The EBIT margin of Foresight Energy LP is -22.97%
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 Energy sector on NYSEMKT compared to Foresight LP
What does Foresight LP do?
Foresight Energy LP engages in the production and marketing of thermal coal. It specializes in the operation and development of mining complexes with long wall mining systems. The firm has its operations in in the Illinois basin region. The company was founded by Chris Cline on January 26, 2006 and is headquartered in St. Louis, MO.
Companies with ebit margin similar to Foresight LP
- Airgain Inc has EBIT margin of -23.30%
- ARSS Infrastructure Projects has EBIT margin of -23.22%
- Shriram Asset Management has EBIT margin of -23.22%
- Immunogen has EBIT margin of -23.20%
- Harborside has EBIT margin of -23.16%
- Alok Industries has EBIT margin of -23.12%
- Foresight LP has EBIT margin of -22.97%
- iRhythm Technologies Inc has EBIT margin of -22.88%
- Blue Prism Plc has EBIT margin of -22.83%
- Xebec Adsorption has EBIT margin of -22.78%
- BioNexus Gene Lab has EBIT margin of -22.77%
- TV Vision has EBIT margin of -22.74%
- Precipio Inc has EBIT margin of -22.73%