BOREF (Borealis Exploration) EBIT: $-0.01 Mil (TTM As of Sep. 2024)

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BOREF Borealis Exploration Ltd BOREF
29 GF Score
Price $2.00
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What is Borealis Exploration EBIT?

Borealis Exploration BOREF 29 EBIT is $-0.01 Mil as of Sep. 2024. GuruFocus rates BOREF with a GF Score™ of 29/100.

Borealis Exploration's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was $-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.01 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Borealis Exploration's annualized ROC % for the quarter that ended in Sep. 2024 was -0.02%. Borealis Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Borealis Exploration's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.14%.

Borealis Exploration  (OTCPK:BOREF) EBIT Explanation

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

Borealis Exploration's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-0.01 * ( 1 - 0% )/( (41.381 + 40.116)/ 2 )
=-0.01/40.7485
=-0.02 %

where

Invested Capital(Q: Sep. 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))
=45.476 - 36.322 - ( 0.004 - max(0, 36.33 - 4.103+0.004))
=41.381

Invested Capital(Q: Sep. 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))
=44.206 - 36.326 - ( 0 - max(0, 36.335 - 4.099+0))
=40.116

Note: The Operating Income data used here is one times the annual (Sep. 2024) data.

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

Borealis Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.01/( ( (0 + max(-36.33, 0)) + (0 + max(-36.335, 0)) )/ 2 )
=-0.01/( ( 0 + 0 )/ 2 )
=-0.01/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (36.322 + 0 + 0.0079999999999956)
=-36.33

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (36.326 + 0 + 0.0090000000000003)
=-36.335

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Sep. 2024) EBIT data.

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

Borealis Exploration's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.01/7.265
=-0.14 %

* 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.

Borealis Exploration EBIT Related Terms

Borealis Exploration EBIT Historical Data

* Premium members only.

The historical data trend for Borealis Exploration'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.

Borealis Exploration EBIT Chart

Borealis Exploration Annual Data
Trend Mar15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.01 -0.01 -0.01 -0.01

Borealis Exploration Semi-Annual Data
Mar13 Mar14 Mar15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.01 -0.01 -0.01 -0.01

BOREF vs EDGM, NIMU, RENI: EBIT Comparison

For the Shell Companies subindustry, Borealis Exploration'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.

Borealis Exploration EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Borealis Exploration's EV-to-EBIT distribution charts can be found below:

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


BOREF
29GF Score
Borealis Exploration Ltd BOREF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Borealis Exploration 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.01 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 $-0.01 Mil mean?
Borealis Exploration (BOREF) has a EBIT of $-0.01 Mil as of Sep. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Borealis Exploration.
Is Borealis Exploration's EBIT too high?
Borealis Exploration's current EBIT is $-0.01 Mil. Overall, Borealis Exploration has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Borealis Exploration's EBIT compare to EDGM and NIMU?
Borealis Exploration's EBIT of $-0.01 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good EBIT depends on the Diversified Financial Services 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 Borealis Exploration. Borealis Exploration's current EBIT is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borealis Exploration stock overvalued right now?
Borealis Exploration (BOREF) has a current EBIT of $-0.01 Mil. The current EBIT is $-0.01 Mil. Borealis Exploration's overall GF Score™ is 29/100. 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 Borealis Exploration (BOREF), the current EBIT is $-0.01 Mil as of Sep. 2024. 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.

Borealis Exploration Business Description

Address 43/1 Main Street, Suite 1, Gibraltar, GIB, GX11 1AA
Borealis Exploration Ltd's principal activity is to hold a loan due from Borealis Holdings Limited (BHL) and accrue interest on the outstanding balance of this loan.
29GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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