GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PEDEVCO Corp (AMEX:PED) » Definitions » EBIT

PEDEVCO (PEDEVCO) EBIT : $4.07 Mil (TTM As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is PEDEVCO EBIT?

PEDEVCO's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $4.07 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PEDEVCO's annualized ROC % for the quarter that ended in Dec. 2023 was 0.41%. PEDEVCO's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PEDEVCO's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.91%.


PEDEVCO EBIT Historical Data

The historical data trend for PEDEVCO'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.

PEDEVCO EBIT Chart

PEDEVCO 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 -10.28 -32.69 -1.30 2.63 4.07

PEDEVCO 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 -2.87 1.63 1.49 0.86 0.10

Competitive Comparison of PEDEVCO's EBIT

For the Oil & Gas E&P subindustry, PEDEVCO'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.


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

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

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



PEDEVCO 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 $4.07 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.


PEDEVCO  (AMEX:PED) EBIT Explanation

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

PEDEVCO'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 )
=0.388 * ( 1 - 0% )/( (93.319 + 95.687)/ 2 )
=0.388/94.503
=0.41 %

where

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

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

PEDEVCO'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 )
=0.388/( ( (87.923 + max(0.697, 0)) + (91.909 + max(-12.76, 0)) )/ 2 )
=0.388/( ( 88.62 + 91.909 )/ 2 )
=0.388/90.2645
=0.43 %

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)
=(5.615 + 0 + 0.342) - (4.364 + 0 + 0.896)
=0.697

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.79 + 0 + 0.26) - (18.663 + 0 + 0.147)
=-12.76

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=4.07/68.896
=5.91 %

* 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.


PEDEVCO EBIT Related Terms

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


PEDEVCO (PEDEVCO) Business Description

Traded in Other Exchanges
Address
575 N. Dairy Ashford, Suite 210, Houston, TX, USA, 77079
PEDEVCO Corp is an oil and gas company focused on the acquisition and development of oil and natural gas assets where the latest in modern drilling and completion techniques and technologies have yet to be applied. In particular, the company focuses on legacy proved properties where there is a long production history, well-defined geology and existing infrastructure that can be leveraged when applying modern field management technologies. The current properties of the company are located in the San Andres formation of the Permian Basin situated in West Texas and eastern New Mexico (the Permian Basin) and in the Denver-Julesberg Basin (D-J Basin) in Colorado.
Executives
John Douglas Schick officer: President 514 BRIAR KNOLL DR., HOUSTON TX 77079
Paul Anthony Pinkston officer: CAO and PFO and AO 450 GEARS ROAD, SUITE 860, HOUSTON TX 77067
Moore Clark officer: Executive VP 12244 SANTA TERESA DRIVE, SAN RAMON CA 94538
John J Scelfo director 333 LAS OLAJ WAY, 1010, FORT LAUDERDALE FL 33301
Ivar Siem director 710 N. POST OAK RD., STE. 512, HOUSTON TX 77024
Simon G Kukes 10 percent owner
Sgk 2018 Revocable Trust 10 percent owner 575 N. DAIRY ASHFORD, ENERGY CENTER II, SUITE 210, HOUSTON TX 77079
Viktor Tkachev 10 percent owner ARHITEKTORA VLASOVA STREET 22, APT 93, MOSCOW 1Z 117393
Harold Douglas Evans director 20711 FAIRWATER DRIVE, KATY TX 77450
Sk Energy Llc director, 10 percent owner, officer: Chif Executive Officer 5100 WESTHEIMER, SUITE 200, HOUSTON TX 77056
Gregory L Overholtzer officer: Chief Financial Officer 120 ROSE ORCHARD WAY, SAN JOSE CA 95134
Michael L Peterson director, officer: CEO and President 17 CANARY COURT, DANVILLE CA 94526
Frank C Ingriselli director, 10 percent owner, officer: President 250 EAST HARTSDALE AVE, HARTSDALE NY 10530
Adam Mccune Mcafee director 4125 BLACKHAWK PLAZA CIRCLE, SUITE 201, DANVILLE CA 94506
David Z Steinberg director 4125 BLACKHAWK PLAZA CIRCLE, SUITE 201, DANVILLE CA 94506