IPSCO Tubulars (IPSCO Tubulars) EBIT : $ Mil (TTM As of Sep. 2017)

View and export this data going back to 2018. Start your Free Trial

What is IPSCO Tubulars EBIT?

IPSCO Tubulars's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2017 was $0.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IPSCO Tubulars's annualized ROC % for the quarter that ended in Sep. 2017 was 0.00%. IPSCO Tubulars's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2017 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

IPSCO Tubulars EBIT Historical Data

The historical data trend for IPSCO Tubulars'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.

IPSCO Tubulars EBIT Chart

IPSCO Tubulars Annual Data

Trend

Dec15

Dec16

EBIT

-144.14

-151.25

IPSCO Tubulars Quarterly Data
	Dec15	Dec16	Sep17
EBIT	-	-24.56	-

Competitive Comparison of IPSCO Tubulars's EBIT

For the subindustry, IPSCO Tubulars'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.

IPSCO Tubulars's EV-to-EBIT Distribution in the Industry

For the industry and sector, IPSCO Tubulars's EV-to-EBIT distribution charts can be found below:

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

IPSCO Tubulars 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 Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $ Mil.

IPSCO Tubulars (NYSE:IPSC) EBIT Explanation

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

IPSCO Tubulars's annualized ROC % for the quarter that ended in Sep. 2017 is calculated as:

	ROC % (Q: Sep. 2017 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2016 )	+	Invested Capital (Q: Sep. 2017 ))	/ count )
=	0 * ( 1 - 0% )	/	( (605.733	+	625.987)	/ 2 )
=	0	/	615.86
=	0.00 %

where

	Invested Capital		(Q: Dec. 2016 )
=	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	))
=	757.998	-	130.793	-	( 21.472	-	max(0, 289.71	-	325.904	+	21.472	))
=	605.733

	Invested Capital		(Q: Sep. 2017 )
=	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	))
=	847.421	-	211.235	-	( 10.199	-	max(0, 254.159	-	442.005	+	10.199	))
=	625.987

Note: The Operating Income data used here is four times the quarterly (Sep. 2017) data.

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

IPSCO Tubulars's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2017 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2017 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2016		Q: Sep. 2017
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0	/	( ( (402.129 + max(88.761, 0))	+	(386.263 + max(79.665, 0)) )	/	2 )
=	0	/	( ( 490.89	+	465.928 )	/	2 )
=	0	/	478.409
=	0.00 %

where Working Capital is:

	Working Capital		(Q: Dec. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(37.785	+	192.858	+	4.39)	-	(130.793	+	12.798	+	2.681)
=	88.761

	Working Capital		(Q: Sep. 2017 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	314.538	+	9.7)	-	(211.235	+	33.339	+	-0.0010000000000332)
=	79.665

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2017) EBIT data.

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

IPSCO Tubulars's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2017 )
	=		/	0.000
	=	%

IPSCO Tubulars EBIT Related Terms

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

IPSCO Tubulars (IPSCO Tubulars) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » IPSCO Tubulars Inc (NYSE:IPSC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ipsco.com

IPSCO Tubulars Inc produces and supplies seamless and welded oil country tubular goods (OCTG) with a suite of connections to North American oil and gas exploration and production companies. The company's product portfolio comprises of seamless and welded line, standard and industrial pipes as well as line pipes and mechanical tubing. The firm's products are used in various applications such as machine building, power generation, automobile production, agricultural, commercial construction and automotive industries. Geographically the company receives maximum revenue from the United States.