Sonde Resources (Sonde Resources) EBIT : $-18.31 Mil (TTM As of Jun. 2014)

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What is Sonde Resources EBIT?

Sonde Resources's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2014 was $-3.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2014 was $-18.31 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sonde Resources's annualized ROC % for the quarter that ended in Jun. 2014 was -22.73%. Sonde Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2014 was -23.58%.

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

Sonde Resources EBIT Historical Data

The historical data trend for Sonde Resources'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.

Sonde Resources EBIT Chart

Sonde Resources Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

EBIT

Get a 7-Day Free Trial

-58.30

-64.67

-39.98

-31.98

-18.96

Sonde Resources Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
EBIT	Get a 7-Day Free Trial															-3.06	-4.16	-5.66	-4.87	-3.62

Competitive Comparison of Sonde Resources's EBIT

For the Oil & Gas E&P subindustry, Sonde Resources'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.

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

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

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

Sonde Resources 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-18.31 Mil.

Sonde Resources (AMEX:SOQDQ) EBIT Explanation

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

Sonde Resources's annualized ROC % for the quarter that ended in Jun. 2014 is calculated as:

	ROC % (Q: Jun. 2014 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2014 )	+	Invested Capital (Q: Jun. 2014 ))	/ count )
=	-14.492 * ( 1 - 0% )	/	( (63.545	+	63.996)	/ 2 )
=	-14.492	/	63.7705
=	-22.73 %

where

	Invested Capital		(Q: Mar. 2014 )
=	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	))
=	76.306	-	2.586	-	( 10.175	-	max(0, 4.824	-	26.461	+	10.175	))
=	63.545

	Invested Capital		(Q: Jun. 2014 )
=	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	))
=	69.904	-	0.903	-	( 5.005	-	max(0, 2.796	-	20.387	+	5.005	))
=	63.996

Note: The Operating Income data used here is four times the quarterly (Jun. 2014) data.

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

Sonde Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2014 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2014 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2014		Q: Jun. 2014
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-14.492	/	( ( (49.59 + max(11.462, 0))	+	(49.29 + max(12.586, 0)) )	/	2 )
=	-14.492	/	( ( 61.052	+	61.876 )	/	2 )
=	-14.492	/	61.464
=	-23.58 %

where Working Capital is:

	Working Capital		(Q: Mar. 2014 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	16.286)	-	(2.586	+	0	+	2.238)
=	11.462

	Working Capital		(Q: Jun. 2014 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	15.382)	-	(0.903	+	0	+	1.893)
=	12.586

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2014) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2014 )
	=	-18.307	/	0.000
	=	%

Sonde Resources EBIT Related Terms

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Sonde Resources (Sonde Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sonde Resources Corp (AMEX:SOQDQ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Hill NW, P.O. Box 65161, Calgary, AB, CAN, T2N 4T6

Website

http://www.sonderesources.com

Sonde Resources Corp is a Canada-based oil and gas exploration and production company. The company is engaged in the exploration for, and acquisition, development, and production of, petroleum and natural gas with operations in North Africa and Western Canada. Sonde is actively engaged in exploration and development of oil and gas resources throughout the Joint Oil Block in offshore Tunisia and Libya.

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