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Equal Energy Ltd (NYSE:EQU)
EV/EBIT
0.00 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Equal Energy Ltd's enterprise value is \$0.00 Mil. Equal Energy Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2014 was \$22.58 Mil. Therefore, Equal Energy Ltd's EV/EBIT ratio for today is 0.00.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Equal Energy Ltd's enterprise value for the quarter that ended in Mar. 2014 was \$188.57 Mil. Equal Energy Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2014 was \$22.58 Mil. Equal Energy Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 was 11.97%.

Definition

Equal Energy Ltd's EV/EBIT for today is calculated as:

 EV/EBIT = Enterprise Value (Today) / Earnings Before Interest and Taxes (EBIT) (TTM) = 0.000 / 22.577 = 0.00

Equal Energy Ltd's current Enterprise Value is \$0.00 Mil.
Equal Energy Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2014 was 7.161 (Jun. 2013 ) + 2.795 (Sep. 2013 ) + 3.837 (Dec. 2013 ) + 8.784 (Mar. 2014 ) = \$22.58 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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).

Equal Energy Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 is calculated as:

 Earnings Yield (Joel Greenblatt) (Q: Mar. 2014 ) = EBIT (TTM) / Enterprise Value (Q: Mar. 2014 ) = 22.577 / 188.568 = 11.97 %

Equal Energy Ltd's Enterprise Value for the quarter that ended in Mar. 2014 was \$188.57 Mil.
Equal Energy Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2014 was 7.161 (Jun. 2013 ) + 2.795 (Sep. 2013 ) + 3.837 (Dec. 2013 ) + 8.784 (Mar. 2014 ) = \$22.58 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Equal Energy Ltd Annual Data

 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 ev2ebit 50.19 -78.03 -13.58 -3.31 28.05 -5.24 -12.34 11.32 22.41 19.88

Equal Energy Ltd Quarterly Data

 Jun11 Sep11 Dec11 Mar12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 ev2ebit -19.63 -42.05 11.32 8.29 22.41 108.63 57.88 20.04 19.88 10.04
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