Rex International Holding (STU:RXI) EBIT : €-51.5 Mil (TTM As of Dec. 2023)

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What is Rex International Holding EBIT?

Rex International Holding's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-69.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-51.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rex International Holding's annualized ROC % for the quarter that ended in Dec. 2023 was 0.71%. Rex International Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -54.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rex International Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -49.99%.

Rex International Holding EBIT Historical Data

The historical data trend for Rex International Holding'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.

Rex International Holding EBIT Chart

Rex International Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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14.40

-16.47

61.58

-6.20

-51.60

Rex International Holding Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															38.76	22.04	-28.19	17.93	-69.41

Competitive Comparison of Rex International Holding's EBIT

For the Oil & Gas E&P subindustry, Rex International Holding'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.

Rex International Holding's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Rex International Holding's EV-to-EBIT falls into.

Rex International Holding 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 semi-annually data reported by the company within the most recent 12 months, which was €-51.5 Mil.

Rex International Holding (STU:RXI) EBIT Explanation

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

Rex International Holding'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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	2.91 * ( 1 - -12.68% )	/	( (441.368	+	488.564)	/ 2 )
=	3.278988	/	464.966
=	0.71 %

where

	Invested Capital		(Q: Jun. 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	))
=	581.972	-	70.925	-	( 69.679	-	max(0, 100.239	-	195.119	+	69.679	))
=	441.368

	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	))
=	562.325	-	3.599	-	( 104.574	-	max(0, 122.154	-	192.316	+	104.574	))
=	488.564

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Rex International Holding'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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-138.822	/	( ( (230.54 + max(54.515, 0))	+	(217.055 + max(3.481, 0)) )	/	2 )
=	-138.822	/	( ( 285.055	+	220.536 )	/	2 )
=	-138.822	/	252.7955
=	-54.91 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(113.365	+	12.075	+	0)	-	(70.925	+	0	+	0)
=	54.515

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(57.232	+	30.51	+	0)	-	(3.599	+	0	+	80.662)
=	3.481

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Rex International Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-51.485	/	102.988
	=	-49.99 %

Rex International Holding EBIT Related Terms

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Rex International Holding (STU:RXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rex International Holding Ltd (STU:RXI) » Definitions » EBIT

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Traded in Other Exchanges

REXHF:USA 5WH:Singapore

Address

1 George Street No. 14-01, Singapore, SGP, 049145

Website

https://www.rexih.com

Rex International Holding Ltd is a Singapore-based oil exploration and production company. It operates through three business segments namely Oil and Gas, Non-Oil and Gas, and Corporate. The Oil and Gas segment is involved in oil and gas exploration and production with concessions located in Oman, and Norway. The Non-Oil and Gas segment relates to technology for commercial oil well stimulation. The Corporate segment covers the administration functions of the company. The majority of the company's revenue comes from the Oil and Gas segment.