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Select Water Solutions (Select Water Solutions) EBIT : $25 Mil (TTM As of Dec. 2023)


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What is Select Water Solutions EBIT?

Select Water Solutions's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-33 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Select Water Solutions's annualized ROC % for the quarter that ended in Dec. 2023 was -2.67%. Select Water Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -17.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Select Water Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.60%.


Select Water Solutions EBIT Historical Data

The historical data trend for Select Water Solutions'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.

Select Water Solutions EBIT Chart

Select Water Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 8.77 -401.07 -47.95 59.42 25.22

Select Water Solutions 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 9.06 15.75 25.36 17.54 -33.44

Competitive Comparison of Select Water Solutions's EBIT

For the Specialty Chemicals subindustry, Select Water Solutions'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.


Select Water Solutions's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Select Water Solutions's EV-to-EBIT distribution charts can be found below:

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



Select Water Solutions 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 $25 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.


Select Water Solutions  (NYSE:WTTR) EBIT Explanation

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

Select Water Solutions'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 )
=30.908 * ( 1 - 182.65% )/( (952.137 + 964.759)/ 2 )
=-25.545462/958.448
=-2.67 %

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))
=1182.488 - 205.308 - ( 25.043 - max(0, 220.669 - 470.232+25.043))
=952.137

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))
=1218.19 - 196.348 - ( 57.083 - max(0, 211.547 - 454.059+57.083))
=964.759

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

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

Select Water Solutions'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 )
=-133.752/( ( (563.311 + max(239.881, 0)) + (557.085 + max(200.628, 0)) )/ 2 )
=-133.752/( ( 803.192 + 757.713 )/ 2 )
=-133.752/780.4525
=-17.14 %

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)
=(355.819 + 44.88 + 44.49) - (205.308 + 0 + 2.8421709430404E-14)
=239.881

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(322.782 + 38.653 + 35.541) - (196.348 + 0 + -2.8421709430404E-14)
=200.628

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:

Select Water Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=25.216/969.661
=2.60 %

* 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.


Select Water Solutions EBIT Related Terms

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Select Water Solutions (Select Water Solutions) Business Description

Traded in Other Exchanges
Address
1233 West Loop South, Suite 1400, Houston, TX, USA, 77027
Select Water Solutions Inc provides sustainable water and chemical solutions to the energy industry. These solutions are supported by the company's critical water infrastructure assets, chemical manufacturing, and water treatment and recycling capabilities.
Executives
Brian Szymanski officer: Chief Accounting Officer & VP 1820 I-35 FRONTAGE ROAD, GAINESVILLE TX 76240
Michael Skarke officer: Exec. VP, Water Solutions 1820 NORTH I-35, P.O. BOX 1715, GAINESVILLE TX 76241
Troy W Thacker director C/O FOX PAINE & CO, 950 TOWER LANE, FOSTER CITY CA 94404
Christina M Ibrahim officer: SVP, GC and CCO 2000 ST. JAMES PLACE, HOUSTON TX 77056
Nick L Swyka officer: CFO & Senior VP 515 POST OAK BLVD., STE. 200, HOUSTON TX 77027
Robin H Fielder director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Christopher Kile George officer: See Remarks 5660 WICKERSHAM LN, HOUSTON TX 77056
Luis M Fernandez-moreno director ASHLAND INC., 8145 BLAZER DRIVE, WILMINGTON DE 19808
Suzanne Colbert officer: Chief Technology Officer 1233 WEST LOOP SOUTH, SUITE 1400, HOUSTON TX 77027
Gayle Burleson director ONE CONCHO CENTER, 600 WEST ILLINOIS AVENUE, MIDLAND TX 79701
Scf-vii(a), L.p. 10 percent owner, other: Member of Group 600 TRAVIS ST., STE. 6600, HOUSTON TX 77002
Scf Partners, Inc. 10 percent owner, other: Member of Group 600 TRAVIS STE 6600, HOUSTON TX 77002
Scf-vii(a), G.p., Limited Partnership 10 percent owner, other: Member of Group 600 TRAVIS, SUITE 6600, HOUSTON TX 77002
Holli C. Ladhani director, officer: President and CEO 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Mitchell Shauf officer: EVP, Water Services 1820 N. INTERSTATE 35, GAINESVILLE TX 76241

Select Water Solutions (Select Water Solutions) Headlines