Nuverra Environmental Solutions (Nuverra Environmental Solutions) EBIT : $-23.08 Mil (TTM As of Sep. 2021)

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What is Nuverra Environmental Solutions EBIT?

Nuverra Environmental Solutions's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2021 was $-6.53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2021 was $-23.08 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nuverra Environmental Solutions's annualized ROC % for the quarter that ended in Sep. 2021 was -16.92%. Nuverra Environmental Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -17.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nuverra Environmental Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -38.73%.

Nuverra Environmental Solutions EBIT Historical Data

The historical data trend for Nuverra Environmental Solutions'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.

Nuverra Environmental Solutions EBIT Chart

Nuverra Environmental Solutions Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

EBIT

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-112.28

-53.08

-49.80

-40.06

Nuverra Environmental Solutions Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
EBIT	Get a 7-Day Free Trial															-6.11	-6.42	-6.93	-3.22	-6.53

Competitive Comparison of Nuverra Environmental Solutions's EBIT

For the Waste Management subindustry, Nuverra Environmental Solutions'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.

Nuverra Environmental Solutions's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Nuverra Environmental Solutions's EV-to-EBIT distribution charts can be found below:

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

Nuverra Environmental Solutions 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.08 Mil.

Nuverra Environmental Solutions (AMEX:NES) EBIT Explanation

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

Nuverra Environmental Solutions's annualized ROC % for the quarter that ended in Sep. 2021 is calculated as:

	ROC % (Q: Sep. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2021 )	+	Invested Capital (Q: Sep. 2021 ))	/ count )
=	-25.428 * ( 1 - 0% )	/	( (152.958	+	147.692)	/ 2 )
=	-25.428	/	150.325
=	-16.92 %

where

	Invested Capital		(Q: Jun. 2021 )
=	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	))
=	174.532	-	14.2	-	( 7.374	-	max(0, 16.737	-	32.047	+	7.374	))
=	152.958

	Invested Capital		(Q: Sep. 2021 )
=	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	))
=	169.306	-	17.68	-	( 3.934	-	max(0, 20.11	-	31.021	+	3.934	))
=	147.692

Note: The Operating Income data used here is four times the quarterly (Sep. 2021) data.

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

Nuverra Environmental Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2021		Q: Sep. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-26.1	/	( ( (142.231 + max(10.473, 0))	+	(138.03 + max(9.407, 0)) )	/	2 )
=	-26.1	/	( ( 152.704	+	147.437 )	/	2 )
=	-26.1	/	150.0705
=	-17.39 %

where Working Capital is:

	Working Capital		(Q: Jun. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(15.27	+	2.881	+	6.522)	-	(14.2	+	0	+	0)
=	10.473

	Working Capital		(Q: Sep. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(17.188	+	2.838	+	7.061)	-	(17.68	+	0	+	0)
=	9.407

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

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

Nuverra Environmental Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2021 )
	=	-23.083	/	59.605
	=	-38.73 %

Nuverra Environmental Solutions EBIT Related Terms

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Nuverra Environmental Solutions (Nuverra Environmental Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Nuverra Environmental Solutions Inc (AMEX:NES) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

6720 North Scottsdale Road, Suite 190, Scottsdale, AZ, USA, 85253

Website

http://www.nuverra.com

Nuverra Environmental Solutions Inc provides full-cycle environmental solutions to consumers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. It provides environmental solutions and well site logistics management, including delivery, collection, treatment, recycling and disposal of solid and liquid materials that are used in and generated by the drilling, completion and ongoing production of shale oil and natural gas. The firm's segments include Northeast, Southern and Rocky Mountain segments. It derives the majority of its revenues from Rocky Mountain segment.

Executives

Gates Capital Management, L.p.	10 percent owner	1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
John Griggs	director	C/O RUBICON, 7850 NORTH SAM HOUSTON PARKWAY WEST, HOUSTON TX 77064
Michael Y Mcgovern	director	700 LOUISIANA, STE 4300, HOUSTON TX 77002
Kim M Proctor	officer: See Remarks	6720 N. SCOTTSDALE RD. 190 SCOTTSDALE AZ 85253
Joseph M Crabb	officer: EVP & Chief Legal Officer	C/O NUVERRA ENVIRONMENTAL SOLUTIONS, INC 14624 N. SCOTTSDALE ROAD, SUITE 300 SCOTTSDALE AZ 85254
Robert Young Fox	officer: President & COO	14624 N. SCOTTSDALE RD. STE. 300 SCOTTSDALE AZ 85254
Charles K. Thompson	director, officer: See Remarks	C/O PINHIGH CAPITAL PARTNERS 3900 ESSEX LANE, SUITE 400 HOUSTON TX 77027
Gates Capital Management, Inc.	10 percent owner	1177 AVE. OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Jeffrey L Gates	10 percent owner	1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Gates Capital Management Gp, Llc	10 percent owner	1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Ascribe Iii Investments Llc	10 percent owner	299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
American Securities Llc	10 percent owner	590 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Ascribe Opportunities Fund Iii(b), L.p.	10 percent owner	C/O ASOF ASSOCIATES III, LLC 299 PARK AVENUE, 34TH FLOOR NEW YORK NY 10171-8000
Ascribe Management Llc	10 percent owner	299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
Ascribe Ii Investments Llc	10 percent owner	299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171