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Newalta (Newalta) EBIT : $-15.2 Mil (TTM As of Mar. 2018)


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What is Newalta EBIT?

Newalta's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2018 was $-3.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2018 was $-15.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Newalta's annualized ROC % for the quarter that ended in Mar. 2018 was -1.73%. Newalta's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was -2.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Newalta's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was -17.36%.


Newalta EBIT Historical Data

The historical data trend for Newalta'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.

Newalta EBIT Chart

Newalta Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.37 12.82 -128.98 -99.15 -18.08

Newalta Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 -6.18 -6.50 1.68 -7.30 -3.05

Competitive Comparison of Newalta's EBIT

For the Waste Management subindustry, Newalta'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.


Newalta's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Newalta's EV-to-EBIT distribution charts can be found below:

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



Newalta 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 Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.2 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.


Newalta  (OTCPK:NWLTF) EBIT Explanation

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

Newalta's annualized ROC % for the quarter that ended in Mar. 2018 is calculated as:

ROC % (Q: Mar. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2017 ) + Invested Capital (Q: Mar. 2018 ))/ count )
=-8.72 * ( 1 - -0.24% )/( (506.312 + 503.225)/ 2 )
=-8.740928/504.7685
=-1.73 %

where

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

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

Newalta's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2017  Q: Mar. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-12.208/( ( (479.938 + max(-38.198, 0)) + (472.953 + max(0.827, 0)) )/ 2 )
=-12.208/( ( 479.938 + 473.78 )/ 2 )
=-12.208/476.859
=-2.56 %

where Working Capital is:

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 3.451 + 2.124) - (42.436 + 0 + 1.337)
=-38.198

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.071 + 4.774 + 2.87) - (40.67 + 0.41 + 1.808)
=0.827

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2018 )
=-15.177/87.410
=-17.36 %

* 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.


Newalta EBIT Related Terms

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Newalta (Newalta) Business Description

Traded in Other Exchanges
N/A
Address
Newalta Corp is engaged in providing engineered environmental solutions, which enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams. The operating segments of the group are Heavy oil and Oilfield. It generates maximum revenue from the Oilfield segment which includes the processing of oilfield-generated wastes, including treatment, water disposal, clean oil terminalling, landfilling, the sale of recovered crude oil and the supply and operation of drill site processing equipment, including solids control and drill cuttings management; as well as environmental services like environmental projects, drilling waste management services and site remediation. The group operates in Canada and the US.

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