Gulf Coast Ultra Deep Royalty Trust (Gulf Coast Ultra Deep Royalty Trust) EBIT : $-0.07 Mil (TTM As of Dec. 2023)

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What is Gulf Coast Ultra Deep Royalty Trust EBIT?

Gulf Coast Ultra Deep Royalty Trust's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.07 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gulf Coast Ultra Deep Royalty Trust's annualized ROC % for the quarter that ended in Dec. 2023 was 0.00%. Gulf Coast Ultra Deep Royalty Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gulf Coast Ultra Deep Royalty Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.32%.

Gulf Coast Ultra Deep Royalty Trust EBIT Historical Data

The historical data trend for Gulf Coast Ultra Deep Royalty Trust'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.

Gulf Coast Ultra Deep Royalty Trust EBIT Chart

Gulf Coast Ultra Deep Royalty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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0.80

0.17

0.62

1.87

-0.07

Gulf Coast Ultra Deep Royalty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															0.62	0.20	-0.16	-0.11	-

Competitive Comparison of Gulf Coast Ultra Deep Royalty Trust's EBIT

For the Oil & Gas E&P subindustry, Gulf Coast Ultra Deep Royalty Trust'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.

Gulf Coast Ultra Deep Royalty Trust's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gulf Coast Ultra Deep Royalty Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Gulf Coast Ultra Deep Royalty Trust's EV-to-EBIT falls into.

Gulf Coast Ultra Deep Royalty Trust 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 Mil.

Gulf Coast Ultra Deep Royalty Trust (OTCPK:GULTU) EBIT Explanation

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

Gulf Coast Ultra Deep Royalty Trust's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	0 * ( 1 - 0% )	/	( (1.102	+	1.116)	/ 2 )
=	0	/	1.109
=	0.00 %

where

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	1.145	-	0	-	( 0.043	-	max(0, 0	-	1.145	+	0.043	))
=	1.102

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	1.16	-	0	-	( 0.044	-	max(0, 0	-	1.16	+	0.044	))
=	1.116

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

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

Gulf Coast Ultra Deep Royalty Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0	/	( ( (0 + max(1.102, 0))	+	(0 + max(1.116, 0)) )	/	2 )
=	0	/	( ( 1.102	+	1.116 )	/	2 )
=	0	/	1.109
=	0.00 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	1.102)	-	(0	+	0	+	0)
=	1.102

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	1.116)	-	(0	+	0	+	0)
=	1.116

When net working capital is negative, 0 is used.

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

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

Gulf Coast Ultra Deep Royalty Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-0.068	/	2.925
	=	-2.32 %

Gulf Coast Ultra Deep Royalty Trust EBIT Related Terms

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Gulf Coast Ultra Deep Royalty Trust (Gulf Coast Ultra Deep Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gulf Coast Ultra Deep Royalty Trust (OTCPK:GULTU) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Travis Street, 16th Floor, Houston, TX, USA, 77002

Website

https://gultu.q4web.com

Gulf Coast Ultra Deep Royalty Trust is a statutory trust. It holds overriding royalty interests in future production from each of McMoRan Oil & Gas LLC's Inboard Lower Tertiary/Cretaceous exploration prospects located in South Louisiana. The Royalty Trust holds short-term investments acquired with funds that it holds for the payment of its administrative and other expenses. The company's subject interests consist of approximately Inboard Lower Tertiary/Cretaceous. Its offshore subject interests consist of exploration prospects, including Barataria; Barbosa; Blackbeard East; Blackbeard West; Bonnet; Calico Jack; Captain Blood; Davy Jones; Davy Jones West; Drake; England; Hook and Hurricane, Lafitte, Morgan. The onshore subject interests consist of Highlander, Lineham Creek, and Tortuga.

Executives

Magnolia Oil & Gas Corp	10 percent owner	NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Montex Highlander, Llc	10 percent owner	420 THROCKMORTON STREET, SUITE 550, FORT WORTH TX 76102
Neil S Subin	10 percent owner	2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Freeport Mcmoran Copper & Gold Inc	10 percent owner	333 NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Highlander Oil & Gas Assets Llc	10 percent owner	NINE GREENWAY PLAZA, SUITE 1400, HOUSTON TX 77046
Miller Lloyd I Iii	10 percent owner
Mount Kellett Capital Management Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fig Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105
Fortress Investment Group Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fortress Operating Entity I Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fig Corp.	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fortress Mk Advisors Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Leon G Cooperman	10 percent owner	7118 MELROSE CASTLE LANE, BOCA RATON FL 33496

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