Triangle Energy(Global) (ASX:TEG) EBIT : A$-2.98 Mil (TTM As of Dec. 2024)

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What is Triangle Energy(Global) EBIT?

Triangle Energy(Global)'s earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-1.77 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$-2.98 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Triangle Energy(Global)'s annualized ROC % for the quarter that ended in Dec. 2024 was -14.51%. Triangle Energy(Global)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -76.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Triangle Energy(Global)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 200.88%.

Triangle Energy(Global) EBIT Historical Data

The historical data trend for Triangle Energy(Global)'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.

Triangle Energy(Global) EBIT Chart

Triangle Energy(Global) Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

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-3.34

-3.51

-7.03

1.28

-3.76

Triangle Energy(Global) Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
EBIT	Get a 7-Day Free Trial															12.56	-11.28	-2.55	-1.21	-1.77

Competitive Comparison of Triangle Energy(Global)'s EBIT

For the Oil & Gas E&P subindustry, Triangle Energy(Global)'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.

Triangle Energy(Global)'s EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Triangle Energy(Global)'s EV-to-EBIT falls into.

Triangle Energy(Global) 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-2.98 Mil.

Triangle Energy(Global) (ASX:TEG) EBIT Explanation

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

Triangle Energy(Global)'s annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	-3.54 * ( 1 - 0% )	/	( (25.729	+	23.072)	/ 2 )
=	-3.54	/	24.4005
=	-14.51 %

where

	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	))
=	18.495	-	0.786	-	( 5.008	-	max(0, 19.758	-	11.738	+	5.008	))
=	25.729

	Invested Capital		(Q: Dec. 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	))
=	18.664	-	1.054	-	( 10.885	-	max(0, 18.934	-	13.472	+	10.885	))
=	23.072

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

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

Triangle Energy(Global)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-3.54	/	( ( (4.019 + max(-16.218, 0))	+	(5.192 + max(-16.347, 0)) )	/	2 )
=	-3.54	/	( ( 4.019	+	5.192 )	/	2 )
=	-3.54	/	4.6055
=	-76.86 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	3.54)	-	(0.786	+	0	+	18.972)
=	-16.218

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.865	+	0	+	0.722)	-	(1.054	+	0	+	17.88)
=	-16.347

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	-2.981	/	-1.484
	=	200.88 %

Triangle Energy(Global) EBIT Related Terms

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Triangle Energy(Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Triangle Energy(Global) Ltd (ASX:TEG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Havelock Street, Suite 2, Ground Floor, West Perth, Perth, WA, AUS, 6005

Website

https://www.triangleenergy.com.au

Triangle Energy(Global) Ltd is an oil and gas production and exploration company based in Perth, Western Australia. Its projects include Cliff Head Oil Field; Mount Horner Project; and its exploration permit EP437 in the Perth Basin. It also holds interests in Permit 2628 and Permit 2650, located in the UK North Sea, and has made investments in State Gas Limited. The company derives revenue from the sale of crude oil. Its reportable segments are; WA oil production which derives maximum revenue, and Exploration and corporate. Geographically, it operates in one geographical location Western Australia, and sells its product in Asia.

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