Kinetiko Energy (ASX:KKO) EBIT : A$-5.22 Mil (TTM As of Dec. 2023)

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What is Kinetiko Energy EBIT?

Kinetiko Energy's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-2.91 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-5.22 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kinetiko Energy's annualized ROC % for the quarter that ended in Dec. 2023 was -11.06%. Kinetiko Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -17.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kinetiko Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5.28%.

Kinetiko Energy EBIT Historical Data

The historical data trend for Kinetiko Energy'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.

Kinetiko Energy EBIT Chart

Kinetiko Energy Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

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-1.87

-1.70

-5.82

-4.33

-5.22

Kinetiko Energy 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															-3.59	-1.58	-2.75	-2.91	-2.31

Competitive Comparison of Kinetiko Energy's EBIT

For the Oil & Gas E&P subindustry, Kinetiko Energy'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.

Kinetiko Energy's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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

Kinetiko Energy 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$-5.22 Mil.

Kinetiko Energy (ASX:KKO) EBIT Explanation

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

Kinetiko Energy'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 )
=	-4.162 * ( 1 - 0% )	/	( (9.137	+	66.096)	/ 2 )
=	-4.162	/	37.6165
=	-11.06 %

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	))
=	13.22	-	0.999	-	( 3.561	-	max(0, 0.999	-	4.083	+	3.561	))
=	9.137

	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	))
=	69.15	-	0.433	-	( 3.924	-	max(0, 1.739	-	4.36	+	3.924	))
=	66.096

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:

Kinetiko Energy'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 )
=	-5.814	/	( ( (0.219 + max(-0.978, 0))	+	(64.79 + max(0.0019999999999999, 0)) )	/	2 )
=	-5.814	/	( ( 0.219	+	64.792 )	/	2 )
=	-5.814	/	32.5055
=	-17.89 %

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	+	0	+	0.021)	-	(0.999	+	0	+	0)
=	-0.978

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.372	+	0	+	0.064)	-	(0.433	+	0	+	0.0010000000000001)
=	0.0019999999999999

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:

Kinetiko Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-5.219	/	98.834
	=	-5.28 %

Kinetiko Energy EBIT Related Terms

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Kinetiko Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kinetiko Energy Ltd (ASX:KKO) » Definitions » EBIT

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Address

44 Street Georges Terrace, Level 24, Perth, WA, AUS, 6000

Website

https://www.kinetiko.com.au

Kinetiko Energy Ltd is an Australian company engaged in coal bed methane exploration. The project of the company includes the Amersfoort project. The company has one operating segment being gas exploration in South Africa.

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