Ecofin Sustainable and Social Impact Term Fund EBIT

Ecofin Sustainable and Social Impact Term Fund posts a EBIT of $19M as of May 2024. That compares with $20M in the prior-year period — down 5.2% year over year. That is above the sector sector average of $-6.4M. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Ecofin Sustainable and Social Impact Term Fund's EBIT was $20M. The latest reading is $19M — a 5.2% year-over-year decrease (period ending May 2024). Use the history and growth charts on this page for a longer lookback.

For its sector stocks, a EBIT near $-6.4M is typical. Ecofin Sustainable and Social Impact Term Fund's $19M is higher that level. That is roughly 390.8% 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 Ecofin Sustainable and Social Impact Term Fund's financial statement story. At $19M, 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 TEAF's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $-6.4M), and (3) consistency with growth and profitability. This page covers the first two; Ecofin Sustainable and Social Impact Term Fund's other metric pages and overview cover the third.