Continental Coal (ASX:CCC) EBIT: A$-20.81 Mil (TTM As of Jun. 2014)


What is Continental Coal EBIT?

Continental Coal ASX:CCC EBIT is A$-20.81 Mil as of Jun. 2014. The stock has 4 warning signs investors should review.

Continental Coal's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2014 was A$-17.58 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2014 was A$-20.81 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Continental Coal's annualized ROC % for the quarter that ended in Jun. 2014 was -6.33%. Continental Coal's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2014 was -267.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Continental Coal's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2014 was -22.60%.

Continental Coal  (ASX:CCC) EBIT Explanation

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

Continental Coal's annualized ROC % for the quarter that ended in Jun. 2014 is calculated as:

ROC % (Q: Jun. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2013 ) + Invested Capital (Q: Jun. 2014 ))/ count )
=-15.908 * ( 1 - 6.03% )/( (246.201 + 225.935)/ 2 )
=-14.9487476/236.068
=-6.33 %

where

Invested Capital(Q: Dec. 2013 )
=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))
=159.514 - 11.812 - ( 3.948 - max(0, 111.876 - 13.377+3.948))
=246.201

Invested Capital(Q: Jun. 2014 )
=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))
=149.899 - 11.214 - ( 3.619 - max(0, 96.562 - 9.312+3.619))
=225.935

Note: The Operating Income data used here is two times the semi-annual (Jun. 2014) data.

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

Continental Coal's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2013  Q: Jun. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-35.152/( ( (12.511 + max(-20.81, 0)) + (13.792 + max(-22.338, 0)) )/ 2 )
=-35.152/( ( 12.511 + 13.792 )/ 2 )
=-35.152/13.1515
=-267.29 %

where Working Capital is:

Working Capital(Q: Dec. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 3.19 + 0) - (11.812 + 0 + 12.188)
=-20.81

Working Capital(Q: Jun. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.996 + 1.166 + 0.471) - (11.214 + 0.053 + 15.704)
=-22.338

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2014) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2014 )
=-20.812/92.099
=-22.60 %

* 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.

Continental Coal EBIT Related Terms

Continental Coal EBIT Historical Data

* Premium members only.

The historical data trend for Continental Coal'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.

Continental Coal EBIT Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
EBIT
-33.57 -40.48 -40.91 -20.81

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
EBIT Get a 7-Day Free Trial -34.47 -0.88 -40.02 -3.24 -17.58

Continental Coal EBIT Competitor Comparison

For the Coking Coal subindustry, Continental Coal'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.

Continental Coal EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Continental Coal's EV-to-EBIT distribution charts can be found below:

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


Continental Coal 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. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-20.81 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$-20.81 Mil mean?
Continental Coal (ASX:CCC) has a EBIT of A$-20.81 Mil as of Jun. 2014. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Continental Coal.
Is Continental Coal's EBIT too high?
Continental Coal's current EBIT is A$-20.81 Mil.
How does Continental Coal's EBIT compare to competitors?
Continental Coal's EBIT of A$-20.81 Mil can be compared against companies in the Steel 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 a Steel company?
A good EBIT depends on the Steel 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 Continental Coal. Continental Coal's current EBIT is A$-20.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current EBIT of A$-20.81 Mil. The current EBIT is A$-20.81 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Continental Coal (ASX:CCC), the current EBIT is A$-20.81 Mil as of Jun. 2014. 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.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.