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Eastern American Natural Gas Trust (NYSE:NGT)
EV/EBIT
0.00 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Eastern American Natural Gas Trust's enterprise value is $116.92 Mil. Eastern American Natural Gas Trust's operating income for the trailing twelve months (TTM) ended in Mar. 2013 was $2.06 Mil. Therefore, Eastern American Natural Gas Trust's EV/EBIT ratio for today is 0.00.

NGT' s 10-Year EV/EBIT Range
Min: 0   Max: 0
Current: 0

NGT's EV/EBITis ranked higher than
57% of the 1121 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 487.96 vs. NGT: 0.00 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Eastern American Natural Gas Trust's enterprise value for the quarter that ended in Mar. 2013 was $116.80 Mil. Eastern American Natural Gas Trust's Operating Income for the trailing twelve months (TTM) ended in Mar. 2013 was $2.06 Mil. Eastern American Natural Gas Trust's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2013 was 1.76%.


Definition

Eastern American Natural Gas Trust's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=116.915/2.058
=56.81

Eastern American Natural Gas Trust's current Enterprise Value is $116.92 Mil.
Eastern American Natural Gas Trust's Operating Income for the trailing twelve months (TTM) ended in Mar. 2013 was 0.797 (Jun. 2012 ) + 0.785 (Sep. 2012 ) + 0.217 (Dec. 2012 ) + 0.259 (Mar. 2013 ) = $2.06 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).

Eastern American Natural Gas Trust's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2013 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2013 )
=2.058/116.797
=1.76 %

Eastern American Natural Gas Trust's Enterprise Value for the quarter that ended in Mar. 2013 was $116.80 Mil.
Eastern American Natural Gas Trust's Operating Income for the trailing twelve months (TTM) ended in Mar. 2013 was 0.797 (Jun. 2012 ) + 0.785 (Sep. 2012 ) + 0.217 (Dec. 2012 ) + 0.259 (Mar. 2013 ) = $2.06 Mil.

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


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


Historical Data

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

Eastern American Natural Gas Trust Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
ev2ebit 0.000.000.000.000.0013.2021.2323.6627.0544.95

Eastern American Natural Gas Trust Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13
ev2ebit 23.6625.1925.3325.8427.0526.7029.0234.2544.9556.75
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