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

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Eastern American Natural Gas Trust's enterprise value is \$116.92 Mil. Eastern American Natural Gas Trust's earnings before interest and taxes (EBIT) 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 56.81.

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 earnings before interest and taxes (EBIT) 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) / Earnings Before Interest and Taxes (EBIT) (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 Earnings Before Interest and Taxes (EBIT) 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 ) = EBIT (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 Earnings Before Interest and Taxes (EBIT) 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

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

 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 ev2ebit 0.00 0.00 0.00 0.00 0.00 13.20 21.23 23.66 27.05 44.95

Eastern American Natural Gas Trust Quarterly Data

 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 ev2ebit 23.66 25.19 25.33 25.84 27.05 26.70 29.02 34.25 44.95 56.75
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