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Petrobras Argentina (Petrobras Argentina) EBIT : $94.6 Mil (TTM As of Dec. 2017)


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What is Petrobras Argentina EBIT?

Petrobras Argentina's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2017 was $0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2017 was $94.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Petrobras Argentina's annualized ROC % for the quarter that ended in Dec. 2017 was 0.00%. Petrobras Argentina's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Petrobras Argentina's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was 4.14%.


Petrobras Argentina EBIT Historical Data

The historical data trend for Petrobras Argentina'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.

Petrobras Argentina EBIT Chart

Petrobras Argentina 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 257.97 195.07 436.07 167.67 482.74

Petrobras Argentina Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 Sep16 Dec16 Dec17
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 184.42 85.62 23.80 -14.82 -

Competitive Comparison of Petrobras Argentina's EBIT

For the Oil & Gas Integrated subindustry, Petrobras Argentina'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.


Petrobras Argentina's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Petrobras Argentina 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $94.6 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.


Petrobras Argentina  (NYSE:PZE) EBIT Explanation

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

Petrobras Argentina's annualized ROC % for the quarter that ended in Dec. 2017 is calculated as:

ROC % (Q: Dec. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2016 ) + Invested Capital (Q: Dec. 2017 ))/ count )
=0 * ( 1 - 0% )/( (4146.16 + 3452.736)/ 2 )
=0/3799.448
=0.00 %

where

Invested Capital(Q: Dec. 2016 )
=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))
=4874.752 - 1163.476 - ( 355.275 - max(0, 1896.42 - 1461.536+355.275))
=4146.16

Invested Capital(Q: Dec. 2017 )
=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))
=5470.909 - 1209.741 - ( 808.432 - max(0, 1693.009 - 2587.746+808.432))
=3452.736

Note: The Operating Income data used here is four times the quarterly (Dec. 2017) data.

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

Petrobras Argentina's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2016  Q: Dec. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (2586.406 + max(-116.07, 0)) + (2158.366 + max(392.144, 0)) )/ 2 )
=0/( ( 2586.406 + 2550.51 )/ 2 )
=0/2568.458
=0.00 %

where Working Capital is:

Working Capital(Q: Dec. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(561.678 + 205.457 + 339.126) - (1163.476 + 0 + 58.855)
=-116.07

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(642.001 + 114.323 + 1022.99) - (1209.741 + 0 + 177.429)
=392.144

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2017) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2017 )
=94.599/2287.754
=4.14 %

* 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.


Petrobras Argentina EBIT Related Terms

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Petrobras Argentina (Petrobras Argentina) Business Description

Traded in Other Exchanges
N/A
Address
Maipu 1, Buenos Aires, ARG, C1084ABA
Petrobras Argentina SA engages in oil and gas exploration and production, refining and distribution, petrochemical manufacturing and gas and energy activities in Latin America.

Petrobras Argentina (Petrobras Argentina) Headlines

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