Energy Resources of Australia (ASX:ERA) EBIT : A$-1,330.82 Mil (TTM As of Jun. 2023)

View and export this data going back to 1980. Start your Free Trial

What is Energy Resources of Australia EBIT?

Energy Resources of Australia's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was A$-297.34 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was A$-1,330.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Energy Resources of Australia's annualized ROC % for the quarter that ended in Jun. 2023 was -72.48%. Energy Resources of Australia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -1,298.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Energy Resources of Australia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -138.98%.

Energy Resources of Australia EBIT Historical Data

The historical data trend for Energy Resources of Australia'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.

Energy Resources of Australia EBIT Chart

Energy Resources of Australia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

40.83

33.59

-627.87

-54.09

-1,330.82

Energy Resources of Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-635.23	14.04	-68.13	-297.34	-1,033.48

Competitive Comparison of Energy Resources of Australia's EBIT

For the Uranium subindustry, Energy Resources of Australia'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.

Energy Resources of Australia's EV-to-EBIT Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Energy Resources of Australia's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Energy Resources of Australia's EV-to-EBIT falls into.

Energy Resources of Australia 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-1,330.82 Mil.

Energy Resources of Australia (ASX:ERA) EBIT Explanation

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

Energy Resources of Australia's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-621.48 * ( 1 - 0% )	/	( (869.314	+	845.557)	/ 2 )
=	-621.48	/	857.4355
=	-72.48 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	679.771	-	33.699	-	( 87.116	-	max(0, 326.019	-	102.777	+	87.116	))
=	869.314

	Invested Capital		(Q: Jun. 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	))
=	925.229	-	38.543	-	( 326.537	-	max(0, 297.09	-	338.219	+	326.537	))
=	845.557

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

Energy Resources of Australia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-594.674	/	( ( (0.951 + max(-297.821, 0))	+	(90.661 + max(-285.118, 0)) )	/	2 )
=	-594.674	/	( ( 0.951	+	90.661 )	/	2 )
=	-594.674	/	45.806
=	-1,298.24 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.678	+	8.059	+	2.924)	-	(33.699	+	0	+	279.783)
=	-297.821

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.255	+	7.687	+	0.74000000000001)	-	(38.543	+	0	+	258.257)
=	-285.118

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

Energy Resources of Australia's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-1330.821	/	957.589
	=	-138.98 %

Energy Resources of Australia EBIT Related Terms

Thank you for viewing the detailed overview of Energy Resources of Australia's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Energy Resources of Australia (ASX:ERA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Energy Resources of Australia Ltd (ASX:ERA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

EGRAY:USA EGRAF:USA EJ7:Germany

Address

18-20 Cavenagh Street, GPO Box 2394, Level 3, Energy House, Darwin, NT, AUS, 0801

Website

http://www.energyres.com.au

Energy Resources of Australia Ltd (ERA) is engaged in mining, processing, and sale of uranium oxide. It operates the Ranger uranium mine. The Ranger mine's operational infrastructure lies within the 79-square kilometer Ranger Project Area, which is located eight kilometers east of Jabiru and 260 kilometers east of Darwin, in the Northern Territory of Australia.