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Jersey Oil and Gas (AQSE:JOG.GB) EBIT : £-5.32 Mil (TTM As of Jun. 2024)


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What is Jersey Oil and Gas EBIT?

Jersey Oil and Gas's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was £-2.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was £-5.32 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jersey Oil and Gas's annualized ROC % for the quarter that ended in Jun. 2024 was -32.27%. Jersey Oil and Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -37.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jersey Oil and Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -109.16%.

Jersey Oil and Gas EBIT Historical Data

The historical data trend for Jersey Oil and Gas'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.

Jersey Oil and Gas EBIT Chart

Jersey Oil and Gas 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 -2.07 -2.77 -4.22 -3.10 -5.59

Jersey Oil and Gas Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -1.18 -1.92 -2.89 -2.70 -2.62

Competitive Comparison of Jersey Oil and Gas's EBIT

For the Oil & Gas E&P subindustry, Jersey Oil and 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.

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

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

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


Jersey Oil and 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-5.32 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.

Jersey Oil and Gas  (AQSE:JOG.GB) EBIT Explanation

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

Jersey Oil and Gas's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-4.604 * ( 1 - 0% )/( (16.875 + 11.66)/ 2 )
=-4.604/14.2675
=-32.27 %

where

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))
=27.525 - 0.485 - ( 10.483 - max(0, 0.796 - 10.961+10.483))
=16.875

Invested Capital(Q: Jun. 2024 )
=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))
=24.813 - 0.121 - ( 13.032 - max(0, 0.193 - 13.346+13.032))
=11.66

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Jersey Oil and Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.24/( ( (16.561 + max(-0.591, 0)) + (11.449 + max(-0.089999999999999, 0)) )/ 2 )
=-5.24/( ( 16.561 + 11.449 )/ 2 )
=-5.24/14.005
=-37.42 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.15) - (0.485 + 0 + 0.256)
=-0.591

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.047000000000001) - (0.121 + 0 + 0.016)
=-0.089999999999999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-5.317/4.871
=-109.16 %

* 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.

Jersey Oil and Gas EBIT Related Terms

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Jersey Oil and Gas Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jersey Oil and Gas PLC (AQSE:JOG.GB) » Definitions » EBIT
Comparable Companies
LSE:AET LSE:PRD LSE:CASP LSE:UPL LSE:ZPHR LSE:RKH LSE:AEX AQSE:WEN.GB LSE:MATD LSE:PHAR COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN
Traded in Other Exchanges
JOG:UK TPC1:Germany
Address
5 St Andrew’s Place, Ground Floor, Channel Islands, St Helier, JEY, JE2 3RP
Website
https://www.jerseyoilandgas.com
Jersey Oil and Gas PLC and its subsidiaries are involved in upstream oil and gas business in the United Kingdom. The company's operating segment includes Oil and gas exploration, appraisal, development and production, in a single geographical location, the North Sea of the United Kingdom.

Jersey Oil and Gas Headlines

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