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Cal Dive International (Cal Dive International) EBIT : $-83.1 Mil (TTM As of Sep. 2014)


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What is Cal Dive International EBIT?

Cal Dive International's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2014 was $-13.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2014 was $-83.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cal Dive International's annualized ROC % for the quarter that ended in Sep. 2014 was -6.16%. Cal Dive International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2014 was -14.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Cal Dive International EBIT Historical Data

The historical data trend for Cal Dive International'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.

Cal Dive International EBIT Chart

Cal Dive International Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 134.41 -312.23 -77.54 -80.44 -48.93

Cal Dive International Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -0.69 -16.64 -14.44 -38.23 -13.77

Competitive Comparison of Cal Dive International's EBIT

For the Oil & Gas Equipment & Services subindustry, Cal Dive International'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.


Cal Dive International's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Cal Dive International 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 Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-83.1 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.


Cal Dive International  (OTCPK:CDVIQ) EBIT Explanation

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

Cal Dive International's annualized ROC % for the quarter that ended in Sep. 2014 is calculated as:

ROC % (Q: Sep. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2014 ) + Invested Capital (Q: Sep. 2014 ))/ count )
=-55.084 * ( 1 - 30.47% )/( (635.628 + 607.018)/ 2 )
=-38.2999052/621.323
=-6.16 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2014) data.

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

Cal Dive International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2014  Q: Sep. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-55.084/( ( (352.728 + max(-40.439, 0)) + (311.06 + max(106.52, 0)) )/ 2 )
=-55.084/( ( 352.728 + 417.58 )/ 2 )
=-55.084/385.154
=-14.30 %

where Working Capital is:

Working Capital(Q: Jun. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(60.633 + 0 + 23.949) - (121.948 + 3.073 + 5.6843418860808E-14)
=-40.439

Working Capital(Q: Sep. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(186.864 + 0 + 40.919) - (118.447 + 2.816 + 5.6843418860808E-14)
=106.52

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2014) EBIT data.

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

Cal Dive International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2014 )
=-83.076/0.000
= %

* 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.


Cal Dive International EBIT Related Terms

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Cal Dive International (Cal Dive International) Business Description

Traded in Other Exchanges
N/A
Address
2500 CityWest Boulevard, Suite 2200, Houston, TX, USA, 77042
Cal Dive International Inc is a marine contracting company. It provides manned diving, pipelay and pipe burial, platform installation and salvage and light well intervention services to offshore oil and natural gas industry. The company operates in Gulf of Mexico, Outer continental shelf, northeastern U.S., Latin America, Southeast Asia, China, Australia, West Africa, the Middle East and Europe. It also owns diversified fleet of vessels including surface and saturation dive support vessels and construction barges. The firm generates majority of the revenues from the United States.
Executives
Lisa Manget Buchanan officer: EVP & General Counsel 2500 CITYWEST BOULEVARD SUITE 2200 HOUSTON TX 77042
Patteson Donald Douglas Jr director 1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Brent D. Smith officer: Chief Financial Officer 2500 CITYWEST BOULEVARD, SUITE 2200, HOUSTON TX 77042
John T Mills director MARATHON OIL CORP, 5555 SAN FELIPE ROAD, HOUSTON TX 77056
Todd A Dittmann director C/O ANGELO, GORDON & CO., L.P., 712 MAIN STREET, SUITE 1300, HOUSTON TX 77002
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Owen E Kratz director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Bruce Koch officer: Chief Financial Officer NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200, HOUSTON TX 77067
Martin R Ferron director 30 CHAMPIONS BLVD, HOUSTON TX 77069