BWLVF (Bowleven) EBIT: $-2.11 Mil (TTM As of Dec. 2023)


What is Bowleven EBIT?

Bowleven BWLVF EBIT is $-2.11 Mil as of Dec. 2023.

Bowleven's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $-1.15 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.11 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bowleven's annualized ROC % for the quarter that ended in Dec. 2023 was -1.45%. Bowleven's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bowleven's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -65.60%.

Bowleven  (OTCPK:BWLVF) EBIT Explanation

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

Bowleven'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 )
=-2.292 * ( 1 - 0% )/( (158.066 + 157.611)/ 2 )
=-2.292/157.8385
=-1.45 %

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))
=160.015 - 0.399 - ( 1.55 - max(0, 0.695 - 4.469+1.55))
=158.066

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))
=158.734 - 0.556 - ( 0.567 - max(0, 0.556 - 3.191+0.567))
=157.611

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:

Bowleven'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 )
=-2.292/( ( (155.546 + max(0.618, 0)) + (155.543 + max(2.068, 0)) )/ 2 )
=-2.292/( ( 156.164 + 157.611 )/ 2 )
=-2.292/156.8875
=-1.46 %

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 + 1.18 + 0.133) - (0.399 + 0 + 0.296)
=0.618

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.688 + 0.936 + 0) - (0.556 + 0 + 0)
=2.068

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-2.111/3.218
=-65.60 %

* 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.

Bowleven EBIT Related Terms

Bowleven EBIT Historical Data

* Premium members only.

The historical data trend for Bowleven'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.

Bowleven EBIT Chart

Bowleven Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -66.56 -2.62 -1.98 -2.48 -2.02

Bowleven 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.28 -1.21 -1.06 -0.97 -1.15

BWLVF vs COP, EOG, FANG: EBIT Comparison

For the Oil & Gas E&P subindustry, Bowleven'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.

Bowleven EV-to-EBIT vs Oil & Gas Industry

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

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


Bowleven 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 $-2.11 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 $-2.11 Mil mean?
Bowleven (BWLVF) has a EBIT of $-2.11 Mil as of Dec. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bowleven.
Is Bowleven's EBIT too high?
Bowleven's current EBIT is $-2.11 Mil.
How does Bowleven's EBIT compare to COP and EOG?
Bowleven's EBIT of $-2.11 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good EBIT depends on the Oil & Gas 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 Bowleven. Bowleven's current EBIT is $-2.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bowleven stock overvalued right now?
Bowleven (BWLVF) has a current EBIT of $-2.11 Mil. The current EBIT is $-2.11 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 Bowleven (BWLVF), the current EBIT is $-2.11 Mil as of Dec. 2023. 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.

Bowleven Business Description

Industry EnergyOil & Gas
Address 50 Lothian Road, Festival Square, Edinburgh, GBR, EH3 9WJ
Bowleven PLC is a UK-based oil and gas company. It is focused on Africa where it holds a combination of development and exploration interests in Cameroon. The company's reportable segments include, Africa which is involved in exploration and appraisal activities in Cameroon, and Head Office which includes head office costs, property, plant and equipment, and cash balances. It holds an interest in the offshore shallow water Etinde Permit and the onshore Bomono Permit in Cameroon.