American Biofuels (American Biofuels) EBIT : $-0.09 Mil (TTM As of Jan. 2024)

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What is American Biofuels EBIT?

American Biofuels's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. American Biofuels's annualized ROC % for the quarter that ended in Jan. 2024 was -3.44%. American Biofuels's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. American Biofuels's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -0.44%.

American Biofuels EBIT Historical Data

The historical data trend for American Biofuels'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.

American Biofuels EBIT Chart

American Biofuels Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

EBIT

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-0.24

-0.30

-1.93

-0.09

American Biofuels Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial															-0.02	-0.02	-0.02	-0.03	-0.02

Competitive Comparison of American Biofuels's EBIT

For the Oil & Gas E&P subindustry, American Biofuels'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.

American Biofuels's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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

American Biofuels 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.09 Mil.

American Biofuels (GREY:AEBLF) EBIT Explanation

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

American Biofuels's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

	ROC % (Q: Jan. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	-0.072 * ( 1 - 0% )	/	( (2.049	+	2.137)	/ 2 )
=	-0.072	/	2.093
=	-3.44 %

where

	Invested Capital		(Q: Oct. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.01	-	0.435	-	( 0.001	-	max(0, 2.484	-	0.01	+	0.001	))
=	2.049

	Invested Capital		(Q: Jan. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.011	-	0.463	-	( 0.001	-	max(0, 2.6	-	0.011	+	0.001	))
=	2.137

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

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

American Biofuels's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Oct. 2023		Q: Jan. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.072	/	( ( (0 + max(-0.435, 0))	+	(0 + max(-0.463, 0)) )	/	2 )
=	-0.072	/	( ( 0	+	0 )	/	2 )
=	-0.072	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	1.7347234759768E-18)	-	(0.435	+	0	+	0)
=	-0.435

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.463	+	0	+	0)
=	-0.463

When net working capital is negative, 0 is used.

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

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

American Biofuels's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	-0.086	/	19.490
	=	-0.44 %

American Biofuels EBIT Related Terms

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American Biofuels (American Biofuels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » American Biofuels Inc (GREY:AEBLF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 - 595 Howe Street, P.O. Box 4, Vancouver, BC, CAN, V6C 2T5

Website

https://www.transamericanenergy.com

American Biofuels Inc is engaged in the acquisition, exploration, and development of oil and gas properties and exploring alternative energy biofuel solutions. The company conducts all of its operations in the United States and Canada.

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