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SMG Industries (SMG Industries) EBIT : $-0.29 Mil (TTM As of Sep. 2023)


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What is SMG Industries EBIT?

SMG Industries's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $0.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SMG Industries's annualized ROC % for the quarter that ended in Sep. 2023 was -17.76%. SMG Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 0.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SMG Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -0.47%.


SMG Industries EBIT Historical Data

The historical data trend for SMG Industries'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.

SMG Industries EBIT Chart

SMG Industries Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.83 -2.89 -10.30 -3.87 -2.32

SMG Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.56 0.06 -0.63 0.22 0.06

Competitive Comparison of SMG Industries's EBIT

For the Oil & Gas Equipment & Services subindustry, SMG Industries'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.


SMG Industries's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



SMG Industries 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.29 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.


SMG Industries  (OTCPK:SMGI) EBIT Explanation

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

SMG Industries's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-11.564 * ( 1 - 0% )/( (36.332 + 93.928)/ 2 )
=-11.564/65.13
=-17.76 %

where

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

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

SMG Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.24/( ( (4.791 + max(7.237, 0)) + (31.752 + max(13.761, 0)) )/ 2 )
=0.24/( ( 12.028 + 45.513 )/ 2 )
=0.24/28.7705
=0.83 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.219 + 0 + 2.263) - (8.032 + 0 + 0.213)
=7.237

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.963 + 0.787 + 6.695) - (10.055 + 0 + 0.629)
=13.761

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-0.288/60.887
=-0.47 %

* 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.


SMG Industries EBIT Related Terms

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SMG Industries (SMG Industries) Business Description

Traded in Other Exchanges
N/A
Address
State Hwy 249, Suite 450, Houston, TX, USA, 77070
SMG Industries Inc is an oilfield service company that is a growth-oriented midstream, logistics, and oilfield services company that operates throughout the domestic Southwest United States. It offers an expanding suite of products and services across the oilfield market segments of drilling, completion, and production.
Executives
Timothy W Barnhart director, officer: Chief Financial Officer 9251 WEST MAIN ROAD, NORTH EAST PA 16428
Bryan S Barnhart director, officer: Chief Executive Officer 9251 WEST MAIN ROAD, NORTH EAST PA 16428
Wilson Newton W Iii director, 10 percent owner C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Frye James E. Jr. director, 10 percent owner 4090 N. HWY US 79, PALESTINE TX 75801
Newton W. Dorsett director 220 TRAVIS STREET, SUITE 501, SHREVEPORT LA 71101
Brady E. Crosswell director, 10 percent owner 902 WILD VALLEY ROAD, HOUSTON TX 77057
Steven H Madden 10 percent owner 9821 KATY FWY, STE 880, APEX HERITAGE GROUP, HOUSTON TX 77024
Allen Ray Parrott officer: Chief Financial Officer 10626 SHELDON ROAD, HOUSTON TX 77044
Jeffrey Ralph Martini officer: Chief Executive Officer 18226 MEMORIAL SPRINGS CT., TOMBALL TX 77375
Joseph L Page director 8523 OLD QUARRY DR, SUGAR LAND TX 77479
Matthew C Flemming director, officer: President, CEO and Chairman 18614 RESICA FALLS, HOUSTON TX 77094
Stephen Christian officer: Executive Vice President 710 N. POST ROAD, SUITE 400, HOUSTON TX 77024
Robert Michael Villarreal director 710 N POST OAK ROAD, SUITE 315, HOUSTON TX 77024
George W Gilman 10 percent owner 710 N. POST OAK RD., SUITE 400, HOUSTON TX 77024
Gilbert Michael A. Ii director 851 WYCLIFFE DRIVE, HOUSTON TX 77079