High Peak Royalties (ASX:HPR) EBIT : A$0.48 Mil (TTM As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is High Peak Royalties EBIT?

High Peak Royalties's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. High Peak Royalties's annualized ROC % for the quarter that ended in Dec. 2023 was 0.20%. High Peak Royalties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. High Peak Royalties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.82%.

High Peak Royalties EBIT Historical Data

The historical data trend for High Peak Royalties'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.

High Peak Royalties EBIT Chart

High Peak Royalties Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

Get a 7-Day Free Trial

-0.49

-0.93

-1.14

-0.65

0.63

High Peak Royalties Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-0.02	-0.63	0.15	0.48	-

Competitive Comparison of High Peak Royalties's EBIT

For the Oil & Gas E&P subindustry, High Peak Royalties'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.

High Peak Royalties's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where High Peak Royalties's EV-to-EBIT falls into.

High Peak Royalties 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 semi-annually data reported by the company within the most recent 12 months, which was A$0.48 Mil.

High Peak Royalties (ASX:HPR) EBIT Explanation

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

High Peak Royalties'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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	0.02 * ( 1 - 0% )	/	( (9.685	+	10.219)	/ 2 )
=	0.02	/	9.952
=	0.20 %

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	))
=	11.051	-	0.067	-	( 1.384	-	max(0, 0.462	-	1.761	+	1.384	))
=	9.685

	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	))
=	10.464	-	0.069	-	( 1.134	-	max(0, 1.188	-	1.364	+	1.134	))
=	10.219

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

High Peak Royalties'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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.004	/	( ( (0 + max(0.288, 0))	+	(0 + max(0.138, 0)) )	/	2 )
=	-0.004	/	( ( 0.288	+	0.138 )	/	2 )
=	-0.004	/	0.213
=	-1.88 %

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)
=	(0.168	+	0	+	0.205)	-	(0.067	+	0	+	0.018)
=	0.288

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.128	+	0	+	0.102)	-	(0.069	+	0	+	0.023)
=	0.138

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

High Peak Royalties's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	0.475	/	16.815
	=	2.82 %

High Peak Royalties EBIT Related Terms

Thank you for viewing the detailed overview of High Peak Royalties's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

High Peak Royalties (ASX:HPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » High Peak Royalties Ltd (ASX:HPR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/- Traverse Accountants Pty Ltd, 24-26 Kent Street, Millers Point, Sydney, NSW, AUS, 2000

Website

https://www.highpeak.com.au

High Peak Royalties Ltd is engaged in the acquisition of royalty and exploration interests in oil and gas assets predominately in Australia and the United States. Geographically, it operates in USA and Australia and generates a majority of its revenue from the United States. The Company has royalties over 20 oil and gas permits in Australia over 2,000 wells in the USA and is the operator of four geothermal permit interests.