Solar Park Initiatives EBIT

Solar Park Initiatives posts a EBIT of $-1.4M as of June 2011. That compares with $-870K in the prior-year period — down 63.4% year over year. That is below the sector sector average of $2.6T. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Solar Park Initiatives's EBIT was $-870K. The latest reading is $-1.4M — a 63.4% year-over-year decrease (period ending June 2011). Use the history and growth charts on this page for a longer lookback.

For its sector stocks, a EBIT near $2.6T is typical. Solar Park Initiatives's $-1.4M is lower that level. That is roughly 100.0% below 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 Solar Park Initiatives's financial statement story. At $-1.4M, 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 SOPV's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $2.6T), and (3) consistency with growth and profitability. This page covers the first two; Solar Park Initiatives's other metric pages and overview cover the third.