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Coelacanth Energy (TSXV:CEI) EBIT : C$-5.75 Mil (TTM As of Mar. 2024)


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What is Coelacanth Energy EBIT?

Coelacanth Energy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-1.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-5.75 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Coelacanth Energy's annualized ROC % for the quarter that ended in Mar. 2024 was -6.66%. Coelacanth Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -3.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Coelacanth Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.63%.


Coelacanth Energy EBIT Historical Data

The historical data trend for Coelacanth 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.

Coelacanth Energy EBIT Chart

Coelacanth Energy Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-7.82 -11.20 -6.36

Coelacanth Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.71 -2.05 -1.69 -0.90 -1.11

Competitive Comparison of Coelacanth Energy's EBIT

For the Oil & Gas E&P subindustry, Coelacanth 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.


Coelacanth Energy's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Coelacanth 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.75 Mil.

* 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.


Coelacanth Energy  (TSXV:CEI) EBIT Explanation

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

Coelacanth Energy's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-8.248 * ( 1 - 0% )/( (123.756 + 123.78)/ 2 )
=-8.248/123.768
=-6.66 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Coelacanth Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.42/( ( (114.594 + max(-23.271, 0)) + (114.68 + max(-2.925, 0)) )/ 2 )
=-4.42/( ( 114.594 + 114.68 )/ 2 )
=-4.42/114.637
=-3.86 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.139 + 0 + 0.90900000000001) - (26.376 + 0 + 1.943)
=-23.271

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.46 + 0 + 1.221) - (3.737 + 0 + 1.869)
=-2.925

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-5.754/352.193
=-1.63 %

* 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.


Coelacanth Energy EBIT Related Terms

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Coelacanth Energy (TSXV:CEI) Business Description

Traded in Other Exchanges
Address
530-8th Avenue SW, Suite 2110, Calgary, AB, CAN, T2P 3S8
Coelacanth Energy Inc is a Montney-focused oil and natural gas exploration and development company, actively engaged in the acquisition ,development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada with lands located in the Two Rivers area of northeastern British Columbia. Coelacanth owns approximately 140 (net) sections of Montney acreage in the Two Rivers and surrounding area and has identified approximately 8.9 billion bbls of Original Oil in Place (OOIP) and 8.6 tcf of Original Gas in Place across these lands.
Executives
Nolan Gregory Chicoine Senior Officer
Peter James Roy Cochrane Senior Officer
Jody Denis Senior Officer
Harvey Doerr Director
John Nandor Fur Senior Officer
William Lancaster Director
Tom Medvedic Director
Robert John Zakresky Senior Officer