Glori Energy (Glori Energy) EBIT : $-10.98 Mil (TTM As of Dec. 2016)

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What is Glori Energy EBIT?

Glori Energy's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2016 was $-2.98 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $-10.98 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Glori Energy's annualized ROC % for the quarter that ended in Dec. 2016 was -48.79%. Glori Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2016 was -173.75%.

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

Glori Energy EBIT Historical Data

The historical data trend for Glori 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.

Glori Energy EBIT Chart

Glori Energy Annual Data

Trend

Mar12

Mar13

Mar14

Dec15

Dec16

EBIT

-0.03

-0.29

-0.80

-34.71

-10.98

Glori Energy Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
EBIT	Get a 7-Day Free Trial															-27.07	-3.06	-2.86	-2.09	-2.98

Competitive Comparison of Glori Energy's EBIT

For the Shell Companies subindustry, Glori 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.

Glori Energy's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Glori Energy's EV-to-EBIT distribution charts can be found below:

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

Glori 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 Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.98 Mil.

Glori Energy (OTCPK:GLRI) EBIT Explanation

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

Glori Energy's annualized ROC % for the quarter that ended in Dec. 2016 is calculated as:

	ROC % (Q: Dec. 2016 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2016 )	+	Invested Capital (Q: Dec. 2016 ))	/ count )
=	-8.256 * ( 1 - 0% )	/	( (17.666	+	16.176)	/ 2 )
=	-8.256	/	16.921
=	-48.79 %

where

	Invested Capital		(Q: Sep. 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	))
=	11.093	-	1.868	-	( 1.715	-	max(0, 11.793	-	3.352	+	1.715	))
=	17.666

	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	))
=	7.506	-	1.933	-	( 0.52	-	max(0, 11.798	-	1.195	+	0.52	))
=	16.176

Note: The Operating Income data used here is four times the quarterly (Dec. 2016) data.

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

Glori Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2016 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2016 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2016		Q: Dec. 2016
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-11.912	/	( ( (7.401 + max(-0.231, 0))	+	(6.311 + max(-1.258, 0)) )	/	2 )
=	-11.912	/	( ( 7.401	+	6.311 )	/	2 )
=	-11.912	/	6.856
=	-173.75 %

where Working Capital is:

	Working Capital		(Q: Sep. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.724	+	0	+	0.913)	-	(1.868	+	0	+	-1.7763568394003E-15)
=	-0.231

	Working Capital		(Q: Dec. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.596	+	0	+	0.079)	-	(1.933	+	0	+	0)
=	-1.258

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2016) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2016 )
	=	-10.984	/	0.000
	=	%

Glori Energy EBIT Related Terms

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Glori Energy (Glori Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Glori Energy Inc (OTCPK:GLRI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

4315 South Drive, Houston, TX, USA, 77053

Website

http://www.glorienergy.com

Glori Energy Inc is a development stage company.

Executives

Eric C Neuman	director	100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Ganesh Kishore	director	11966 SACKSTON RIDGE DR, CREECE COCUR MO 63191
John U Clarke	director	PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
James C. Musselman	director	4315 SOUTH DRIVE, HOUSTON TX 77053
Jonathan Fleming	10 percent owner	222 BERKELEY STREET, BOSTON MA 02116
Thomas O Hicks	director	2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201
Michael Schulhof	director

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