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Tesco (TESO) EBIT : $-57.1 Mil (TTM As of Sep. 2017)


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What is Tesco EBIT?

Tesco's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2017 was $-12.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2017 was $-57.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tesco's annualized ROC % for the quarter that ended in Sep. 2017 was -23.06%. Tesco's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2017 was -24.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tesco's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2017 was -33.00%.


Tesco EBIT Historical Data

The historical data trend for Tesco'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.

Tesco EBIT Chart

Tesco Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.58 51.29 39.64 -116.80 -117.21

Tesco Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -22.43 -20.02 -12.57 -11.72 -12.78

Competitive Comparison of Tesco's EBIT

For the Oil & Gas Equipment & Services subindustry, Tesco'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.


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

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

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



Tesco 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-57.1 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.


Tesco  (NAS:TESO) EBIT Explanation

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

Tesco's annualized ROC % for the quarter that ended in Sep. 2017 is calculated as:

ROC % (Q: Sep. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2017 ) + Invested Capital (Q: Sep. 2017 ))/ count )
=-50.812 * ( 1 - -0.64% )/( (223.403 + 220.161)/ 2 )
=-51.1371968/221.782
=-23.06 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Sep. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2017  Q: Sep. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-51.12/( ( (111.277 + max(96.459, 0)) + (106.842 + max(99.21, 0)) )/ 2 )
=-51.12/( ( 207.736 + 206.052 )/ 2 )
=-51.12/206.894
=-24.71 %

where Working Capital is:

Working Capital(Q: Jun. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(43.619 + 74.846 + 13.932) - (28.55 + 3.756 + 3.632)
=96.459

Working Capital(Q: Sep. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.577 + 77.569 + 13.558) - (28.148 + 3.37 + 4.976)
=99.21

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2017 )
=-57.093/173.000
=-33.00 %

* 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.


Tesco EBIT Related Terms

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


Tesco (TESO) Business Description

Traded in Other Exchanges
N/A
Address
Tesco Corp is engaged in designing, manufacturing and service delivery of technology based solutions for the upstream energy industry. Its products and service offerings consist of equipment sales and services to drilling contractors.
Executives
Roy Mcniven officer: Vice President, TCUS 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Elijio V Serrano director 24955 INTERSTATE 45 NORTH, THE WOODLANDS TX 77380
Michael W Sutherlin director 7374 SE 71ST STREET, MERCER ISLAND WA 98040
John Dielwart director 5320 LEGACY DR., PLANO TX 75024
Rose M Robeson director 370 17TH STREET, SUITE 2775, DENVER CO 80202
Sloan Thomas B Jr officer: Vice President 3993 W SAM HOUSTON PKWY N., STE 100, HOUSTON TX 77043
Julio M Quintana director 3993 W. SAM HOUSTON PARKWAY N., STE. 100, HOUSTON TX 77043
John T Reynolds director, 10 percent owner C/O C/O LIME ROCK PARTNERS, 518 RIVER SIDE AVE BLDG 11 2ND FL, WESTPORT CT 06880
Lime Rock Partners V Lp 10 percent owner C/O LIME ROCK MANAGEMENT LP, 274 RIVERSIDE AVE, 3RD FLOOR, WESTPORT CT 06880
Lrp V Luxembourg Holdings S.a R.l. 10 percent owner VERTIGO NAOS BUILDING, 6, RUE EUGENE RUPPERT, LUXEMBOURG N4 L-2453
John U Clarke director PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
Clifton Thomas Weatherford director 1001 E. HILLSDALE BOULEVARD, SUITE 800, FOSTER CITY CA 94404
Nigel M Lakey officer: Sr. VP, Marketing & Bus. Dev. 10260 WESTHEIMER RD., HOUSTON TX 77042
Anthony Tripodo officer: Exec. V. P. & CFO 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Capital Management Oss 10 percent owner 598 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022

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