GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ZaZa Energy Corp (GREY:ZAZA) » Definitions » EBIT

ZaZa Energy (ZaZa Energy) EBIT : $-4.65 Mil (TTM As of Jun. 2015)


View and export this data going back to 2012. Start your Free Trial

What is ZaZa Energy EBIT?

ZaZa Energy's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2015 was $-4.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $-4.65 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ZaZa Energy's annualized ROC % for the quarter that ended in Jun. 2015 was -24.19%. ZaZa Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 was -33.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


ZaZa Energy EBIT Historical Data

The historical data trend for ZaZa Energy'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.

ZaZa Energy EBIT Chart

ZaZa Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
EBIT
6.52 -2.47 38.57 -83.18 -8.76

ZaZa Energy Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 -11.02 8.52 -4.70 -4.42 -4.05

Competitive Comparison of ZaZa Energy's EBIT

For the Oil & Gas E&P subindustry, ZaZa Energy'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.


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

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

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



ZaZa Energy 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 Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.65 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.


ZaZa Energy  (GREY:ZAZA) EBIT Explanation

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

ZaZa Energy's annualized ROC % for the quarter that ended in Jun. 2015 is calculated as:

ROC % (Q: Jun. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2015 ) + Invested Capital (Q: Jun. 2015 ))/ count )
=-18.748 * ( 1 - -3.13% )/( (63.866 + 95.998)/ 2 )
=-19.3348124/79.932
=-24.19 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2015) data.

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

ZaZa Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2015  Q: Jun. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-16.184/( ( (48.457 + max(-5.286, 0)) + (48.15 + max(-9.219, 0)) )/ 2 )
=-16.184/( ( 48.457 + 48.15 )/ 2 )
=-16.184/48.3035
=-33.50 %

where Working Capital is:

Working Capital(Q: Mar. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.947 + 0 + 0.833) - (7.066 + 0 + 0)
=-5.286

Working Capital(Q: Jun. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.221 + 0 + 0.711) - (10.132 + 0 + 0.018999999999998)
=-9.219

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2015) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=-4.649/0.000
= %

* 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.


ZaZa Energy EBIT Related Terms

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


ZaZa Energy (ZaZa Energy) Business Description

Traded in Other Exchanges
N/A
Address
1301 McKinney Street, Suite 2800, Houston, TX, USA, 77010
ZaZa Energy Corp is an independent oil and gas company. The Company is focused on the exploration and production of unconventional and conventional oil and gas assets. It operates primarily through joint ventures in the Eagle Ford East trend in East Texas and the Eagle Ford trend in South Texas.

ZaZa Energy (ZaZa Energy) Headlines

From GuruFocus

Weekly CFO Buys Highlight: ZAZA

By guruek guruek 05-27-2013

Insider Cluster Buying Reported in Several Companies

By Monica Wolfe Monica Wolfe 05-30-2013

Closing US Index Highs Friday Help Weekly Gains

By Julie Young Julie Young 03-26-2021