AOGC (Australian Oil & Gas) EBIT: $-0.29 Mil (TTM As of Mar. 2012)

What is Australian Oil & Gas EBIT?

Australian Oil & Gas AOGC -99.95% EBIT is $-0.29 Mil as of Mar. 2012.

Australian Oil & Gas's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2012 was $-0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2012 was $-0.29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Australian Oil & Gas's annualized ROC % for the quarter that ended in Mar. 2012 was -14.87%. Australian Oil & Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2012 was -20.16%.

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

Australian Oil & Gas (OTCPK:AOGC) EBIT Explanation

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

Australian Oil & Gas's annualized ROC % for the quarter that ended in Mar. 2012 is calculated as:

	ROC % (Q: Mar. 2012 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2011 )	+	Invested Capital (Q: Mar. 2012 ))	/ count )
=	-0.296 * ( 1 - 0% )	/	( (1.528	+	2.454)	/ 2 )
=	-0.296	/	1.991
=	-14.87 %

where

	Invested Capital		(Q: Dec. 2011 )
=	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	))
=	1.561	-	0.161	-	( 0.026	-	max(0, 0.161	-	0.033	+	0.026	))
=	1.528

	Invested Capital		(Q: Mar. 2012 )
=	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	))
=	1.552	-	0.102	-	( 0.012	-	max(0, 1.028	-	0.024	+	0.012	))
=	2.454

Note: The Operating Income data used here is four times the quarterly (Mar. 2012) data.

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

Australian Oil & Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2012 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2012 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2011		Q: Mar. 2012
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.308	/	( ( (1.528 + max(-0.161, 0))	+	(1.528 + max(-0.102, 0)) )	/	2 )
=	-0.308	/	( ( 1.528	+	1.528 )	/	2 )
=	-0.308	/	1.528
=	-20.16 %

where Working Capital is:

	Working Capital		(Q: Dec. 2011 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.161	+	0	+	0)
=	-0.161

	Working Capital		(Q: Mar. 2012 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.102	+	0	+	0)
=	-0.102

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2012) EBIT data.

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

Australian Oil & Gas's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2012 )
	=	-0.29	/	0.000
	=	%

* 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.

Australian Oil & Gas EBIT Related Terms

Australian Oil & Gas EBIT Historical Data

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The historical data trend for Australian Oil & Gas's EBIT can be seen below:

Australian Oil & Gas EBIT Chart

Australian Oil & Gas Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

EBIT

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-0.92

-0.37

-0.48

1.32

-0.30

Australian Oil & Gas Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
EBIT	Get a 7-Day Free Trial															-0.09	-0.06	-0.12	-0.04	-0.08

AOGC vs PGNPQ, SOIGF, MKSEF: EBIT Comparison

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

Australian Oil & Gas EV-to-EBIT vs Oil & Gas Industry

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

* The bar in red indicates where Australian Oil & Gas's EV-to-EBIT falls into.

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Australian Oil & Gas 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 Mar. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.29 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-0.29 Mil mean?

Australian Oil & Gas (AOGC) has a EBIT of $-0.29 Mil as of Mar. 2012. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Australian Oil & Gas.

Is Australian Oil & Gas' EBIT too high?

Australian Oil & Gas' current EBIT is $-0.29 Mil.

How does Australian Oil & Gas' EBIT compare to PGNPQ and SOIGF?

Australian Oil & Gas' EBIT of $-0.29 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for an Oil & Gas company?

A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Australian Oil & Gas. Australian Oil & Gas's current EBIT is $-0.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Australian Oil & Gas stock overvalued right now?

Australian Oil & Gas (AOGC) has a current EBIT of $-0.29 Mil. The current EBIT is $-0.29 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Australian Oil & Gas (AOGC), the current EBIT is $-0.29 Mil as of Mar. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Australian Oil & Gas Business Description

Industry Energy Oil & Gas

Comparable Companies PGNPQ SOIGF MKSEF CEI ORIG GULTU PACD NADL FOEAY PHXHF AWLCF ICD PES ARHVF SDRL GUKYF SDLP TDGCF SBR ATW

Address 500 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Australian Oil & Gas Corp is an energy company that explores for natural gas, crude oil and natural gas liquids.