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DryShips Inc (NAS:DRYS)
EV/EBIT
-0.22 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, DryShips Inc's enterprise value is $204.56 Mil. DryShips Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $-932.35 Mil. Therefore, DryShips Inc's EV/EBIT ratio for today is -0.22.

During the past 13 years, the highest EV/EBIT Ratio of DryShips Inc was 93.60. The lowest was -215.00. And the median was 10.60.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). DryShips Inc's enterprise value for the quarter that ended in Sep. 2016 was $207.92 Mil. DryShips Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $-932.35 Mil. DryShips Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was -448.42%.


Definition

DryShips Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=204.561/-932.346
=-0.22

DryShips Inc's current Enterprise Value is $204.56 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. DryShips Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $-932.35 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

This is a more accurate valuation of companies' operation because it consider the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt).

DryShips Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2016 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=-932.346/207.916
=-448.42 %

DryShips Inc's Enterprise Value for the quarter that ended in Sep. 2016 was $207.92 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. DryShips Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $-932.35 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

DryShips Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 12.206.37-16.3742.1617.4744.52-160.4473.4314.76-0.36

DryShips Inc Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 26.7819.0414.7615.234.03-0.50-0.36-0.27-0.22-0.99
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