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Aker BP ASA (OSL:AKRBP) EBIT : kr94,617 Mil (TTM As of Dec. 2023)


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What is Aker BP ASA EBIT?

Aker BP ASA's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was kr23,133 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was kr94,617 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aker BP ASA's annualized ROC % for the quarter that ended in Dec. 2023 was 2.16%. Aker BP ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 49.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aker BP ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 44.92%.


Aker BP ASA EBIT Historical Data

The historical data trend for Aker BP ASA'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.

Aker BP ASA EBIT Chart

Aker BP ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,279.57 2,834.58 27,058.76 87,466.55 93,641.75

Aker BP ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21,730.29 19,528.78 24,132.79 27,823.09 23,132.72

Competitive Comparison of Aker BP ASA's EBIT

For the Oil & Gas E&P subindustry, Aker BP ASA'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.


Aker BP ASA's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Aker BP ASA's EV-to-EBIT falls into.



Aker BP ASA 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr94,617 Mil.

* 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.


Aker BP ASA  (OSL:AKRBP) EBIT Explanation

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

Aker BP ASA's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=105924.416 * ( 1 - 92.45% )/( (366915.581 + 373058.432)/ 2 )
=7997.293408/369987.0065
=2.16 %

where

Invested Capital(Q: Sep. 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))
=408902.782 - 45147.77 - ( 35970.644 - max(0, 59832.029 - 56671.46+35970.644))
=366915.581

Invested Capital(Q: Dec. 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))
=411917.147 - 41951.799 - ( 35518.775 - max(0, 57313.835 - 54220.751+35518.775))
=373058.432

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Aker BP ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=92530.896/( ( (180790.558 + max(-45623.947, 0)) + (194428.607 + max(-41723.931, 0)) )/ 2 )
=92530.896/( ( 180790.558 + 194428.607 )/ 2 )
=92530.896/187609.5825
=49.32 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8260.164 + 1934.736 + 2919.263) - (45147.77 + 0 + 13590.34)
=-45623.947

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6949.945 + 2134.144 + 4937.119) - (41951.799 + 0 + 13793.34)
=-41723.931

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Aker BP ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=94617.386/210638.539
=44.92 %

* 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.


Aker BP ASA EBIT Related Terms

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Aker BP ASA (OSL:AKRBP) Business Description

Address
Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366
Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, and Valhall. Revenue is derived from a short list of clients and primarily consists of liquid sales. The Alvheim field, which developed with an FPSO, contributes the most volume for the company. Fields in close proximity to Alvheim are tied to Alvheim's FPSO. From the tiebacks, oil is transported from the field with shuttle tankers, and associated gas is exported to Scotland through a gas evacuation system.

Aker BP ASA (OSL:AKRBP) Headlines

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