Methes Energies International EBIT

Methes Energies International posts a EBIT of $-34K as of August 2024. That compares with $-1.3M in the prior-year period — up 97.5% year over year. That is above the sector sector average of $-9.6M. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Methes Energies International's EBIT was $-1.3M. The latest reading is $-34K — a 97.5% year-over-year increase (period ending August 2024). Use the history and growth charts on this page for a longer lookback.

For its sector stocks, a EBIT near $-9.6M is typical. Methes Energies International's $-34K is higher that level. That is roughly 99.7% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

EBIT is one piece of Methes Energies International's financial statement story. At $-34K, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for MEIL's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $-9.6M), and (3) consistency with growth and profitability. This page covers the first two; Methes Energies International's other metric pages and overview cover the third.