Petro-Victory Energy (TSXV:VRY) EBIT : C$-6.63 Mil (TTM As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Petro-Victory Energy EBIT?

Petro-Victory Energy's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was C$-1.22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was C$-6.63 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Petro-Victory Energy's annualized ROC % for the quarter that ended in Sep. 2023 was -33.34%. Petro-Victory Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -45.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Petro-Victory Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -12.78%.

Petro-Victory Energy EBIT Historical Data

The historical data trend for Petro-Victory Energy'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.

Petro-Victory Energy EBIT Chart

Petro-Victory Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

-1.48

-1.54

0.80

-2.99

-8.05

Petro-Victory Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															-2.09	-2.78	-0.57	-2.06	-1.22

Competitive Comparison of Petro-Victory Energy's EBIT

For the Oil & Gas E&P subindustry, Petro-Victory Energy'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.

Petro-Victory Energy's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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

Petro-Victory Energy 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-6.63 Mil.

Petro-Victory Energy (TSXV:VRY) EBIT Explanation

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

Petro-Victory Energy's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-8.104 * ( 1 - 0% )	/	( (23.432	+	25.175)	/ 2 )
=	-8.104	/	24.3035
=	-33.34 %

where

	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	))
=	20.971	-	2.935	-	( 0.178	-	max(0, 5.888	-	0.492	+	0.178	))
=	23.432

	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	))
=	21.993	-	4.733	-	( 0.867	-	max(0, 9.06	-	1.145	+	0.867	))
=	25.175

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

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

Petro-Victory Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-4.888	/	( ( (10.437 + max(-2.621, 0))	+	(10.922 + max(-4.455, 0)) )	/	2 )
=	-4.888	/	( ( 10.437	+	10.922 )	/	2 )
=	-4.888	/	10.6795
=	-45.77 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.314)	-	(2.935	+	0	+	0)
=	-2.621

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.278)	-	(4.733	+	0	+	1.7763568394003E-15)
=	-4.455

When net working capital is negative, 0 is used.

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

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

Petro-Victory Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-6.633	/	51.897
	=	-12.78 %

Petro-Victory Energy EBIT Related Terms

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

Petro-Victory Energy (TSXV:VRY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petro-Victory Energy Corp (TSXV:VRY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

PTVRF:USA

Address

5960 Berkshire Lane, 6th Floor, Dallas, TX, USA, 75225

Website

https://www.petrovictoryenergy.com

Petro-Victory Energy Corp is an oil and gas company that is engaged in the acquisition and development of crude oil and natural gas resources in Brazil. It also holds an interest in more than twenty licenses totaling around 164,000 acres in four different producing basins in Brazil.

Petro-Victory Energy (TSXV:VRY) Headlines

No Headlines