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Layne Christensen Co (Layne Christensen Co) EBIT : $8.3 Mil (TTM As of Apr. 2018)


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What is Layne Christensen Co EBIT?

Layne Christensen Co's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2018 was $8.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2018 was $8.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Layne Christensen Co's annualized ROC % for the quarter that ended in Apr. 2018 was 4.31%. Layne Christensen Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2018 was 26.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Layne Christensen Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2018 was 2.69%.


Layne Christensen Co EBIT Historical Data

The historical data trend for Layne Christensen Co'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.

Layne Christensen Co EBIT Chart

Layne Christensen Co Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.36 -52.69 -29.60 -28.75 1.88

Layne Christensen Co Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18
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 1.27 2.72 2.38 -5.05 8.26

Competitive Comparison of Layne Christensen Co's EBIT

For the Engineering & Construction subindustry, Layne Christensen Co'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.


Layne Christensen Co's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Layne Christensen Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Layne Christensen Co's EV-to-EBIT falls into.



Layne Christensen Co 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 Apr. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.3 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.


Layne Christensen Co  (NAS:LAYN) EBIT Explanation

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

Layne Christensen Co's annualized ROC % for the quarter that ended in Apr. 2018 is calculated as:

ROC % (Q: Apr. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2018 ) + Invested Capital (Q: Apr. 2018 ))/ count )
=18.568 * ( 1 - 25.19% )/( (317.813 + 327.195)/ 2 )
=13.8907208/322.504
=4.31 %

where

Invested Capital(Q: Apr. 2018 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=367.296 - 41.487 - ( 17.805 - max(0, 167.774 - 166.388+17.805))
=327.195

Note: The Operating Income data used here is four times the quarterly (Apr. 2018) data.

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

Layne Christensen Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2018  Q: Apr. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=33.032/( ( (120.604 + max(-14.874, 0)) + (119.441 + max(7.757, 0)) )/ 2 )
=33.032/( ( 120.604 + 127.198 )/ 2 )
=33.032/123.901
=26.66 %

where Working Capital is:

Working Capital(Q: Jan. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(59.558 + 20.02 + 11.485) - (57.085 + 10.563 + 38.289)
=-14.874

Working Capital(Q: Apr. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(73.681 + 23.258 + 10.556) - (41.487 + 7.96 + 50.291)
=7.757

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2018) EBIT data.

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

Layne Christensen Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2018 )
=8.307/309.250
=2.69 %

* 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.


Layne Christensen Co EBIT Related Terms

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Layne Christensen Co (Layne Christensen Co) Business Description

Traded in Other Exchanges
N/A
Address
Layne Christensen Co started more than 100 years ago as a water-well drilling company, and over the years, it has expanded to include water treatment and infrastructure construction services, and mineral exploration drilling services. In 2002, the company entered the energy industry and now develops and produces gas from tight shales and coal seams.
Executives
Nesser John T Iii director 777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071
J Michael Anderson officer: Senior Vice President and CFO
Brown David A B director
Michael J Caliel director 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Nelson Obus director
Wynnefield Small Cap Value Offshore Fund Ltd other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp other: Affiliate 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Management Llc other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I other: Affiliate 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes other: Affiliate
Andrew B Schmitt director 1900 SHAWNEE MISSION PKWY, MISSION WOODS KS 66205
Donald K Miller director
Wynnefield Capital, Inc. Profit Sharing Plan director, 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123