GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CKX Lands Inc (AMEX:CKX) » Definitions » EBIT

CKX Lands (CKX Lands) EBIT : $-0.03 Mil (TTM As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is CKX Lands EBIT?

CKX Lands's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $0.36 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CKX Lands's annualized ROC % for the quarter that ended in Dec. 2023 was 8.73%. CKX Lands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CKX Lands's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.14%.


CKX Lands EBIT Historical Data

The historical data trend for CKX Lands's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CKX Lands EBIT Chart

CKX Lands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.02 0.04 -1.86 -0.03

CKX Lands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.45 -0.49 0.10 - 0.36

Competitive Comparison of CKX Lands's EBIT

For the Oil & Gas E&P subindustry, CKX Lands's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CKX Lands's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CKX Lands's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CKX Lands's EV-to-EBIT falls into.



CKX Lands EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CKX Lands  (AMEX:CKX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

CKX Lands's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1.436 * ( 1 - 41.55% )/( (9.619 + 9.608)/ 2 )
=0.839342/9.6135
=8.73 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

CKX Lands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.436/( ( (9.097 + max(0.094999999999999, 0)) + (9.095 + max(-0.178, 0)) )/ 2 )
=1.436/( ( 9.192 + 9.095 )/ 2 )
=1.436/9.1435
=15.71 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.067 + 0 + 0.146) - (0.023 + 0.095 + 0)
=0.094999999999999

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.105 + 0 + 0.212) - (0.311 + 0.185 + -0.001)
=-0.178

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

CKX Lands's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.028/20.211
=-0.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CKX Lands EBIT Related Terms

Thank you for viewing the detailed overview of CKX Lands's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


CKX Lands (CKX Lands) Business Description

Traded in Other Exchanges
N/A
Address
2417 Shell Beach Drive, Lake Charles, LA, USA, 70601
CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, the right of way and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells and timber income is paid by the highest bidder for the timber.
Executives
Max H. Hart director P.O. BOX 1700, OPELOUSAS LA 70571
William Gray Stream director 2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Daniel J Englander director C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Scott Adams Stepp officer: Chief Financial Officer 2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Lane T Lamure director POST OFFICE BOX 11941, JACKSON WY 83002
Ellington Edward Moreland Ii director 1232 CYPRESS HARBOR DRIVE, LAKE CHARLES LA 70605
Lee W. Boyer director 127 W. BROAD ST., 4TH FLOOR, LAKE CHARLES LA 70601
Donald Keith Duplechin director 131 STATE STREET, LAKE CHARLES LA 70605
Ottley Properties, Llc 10 percent owner 337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Minvielle Iv Eugene T director P.O. BOX 51684, LAFAYETTE LA 70505
Lee Bert Appleberry director 315 NORTH WILCREST DRIVE, HOUSTON TX 77079
Charles D Viccellio director, officer: Vice President & Secretary 4113 BEAU CHENE DRIVE, LAKE CHARLES LA 70605
Elizabeth Brooks Hollins director 1128 BIRDNEST ROAD, LAKE CHARLES X1 70611
Michael B White 10 percent owner 337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Mary W Savoy director 1407 ALVIN STREET, LAKE CHARLES LA 70601

CKX Lands (CKX Lands) Headlines

From GuruFocus

CKX Lands Inc Reports Operating Results (10-K/A)

By gurufocus 10qk 01-06-2010