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Colombia Energy Resources (Colombia Energy Resources) EBIT : $-13.06 Mil (TTM As of Sep. 2012)


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What is Colombia Energy Resources EBIT?

Colombia Energy Resources's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2012 was $-3.56 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2012 was $-13.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Colombia Energy Resources's annualized ROC % for the quarter that ended in Sep. 2012 was -118.22%. Colombia Energy Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2012 was -120.99%.

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


Colombia Energy Resources EBIT Historical Data

The historical data trend for Colombia Energy Resources'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.

Colombia Energy Resources EBIT Chart

Colombia Energy Resources Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
EBIT
Get a 7-Day Free Trial Premium Member Only -0.01 -0.03 -0.02 -1.68 -10.72

Colombia Energy Resources Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 -3.00 -2.95 -3.29 -3.27 -3.56

Competitive Comparison of Colombia Energy Resources's EBIT

For the Thermal Coal subindustry, Colombia Energy Resources'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.


Colombia Energy Resources's EV-to-EBIT Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Colombia Energy Resources's EV-to-EBIT distribution charts can be found below:

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



Colombia Energy Resources 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.06 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.


Colombia Energy Resources  (OTCPK:CERX) EBIT Explanation

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

Colombia Energy Resources's annualized ROC % for the quarter that ended in Sep. 2012 is calculated as:

ROC % (Q: Sep. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2012 ) + Invested Capital (Q: Sep. 2012 ))/ count )
=-14.716 * ( 1 - 0% )/( (13.344 + 11.552)/ 2 )
=-14.716/12.448
=-118.22 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2012) data.

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

Colombia Energy Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2012 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2012 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2012  Q: Sep. 2012
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-14.224/( ( (12.684 + max(-0.108, 0)) + (10.828 + max(-1.085, 0)) )/ 2 )
=-14.224/( ( 12.684 + 10.828 )/ 2 )
=-14.224/11.756
=-120.99 %

where Working Capital is:

Working Capital(Q: Jun. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.363 + 1.553) - (2.024 + 0 + 0)
=-0.108

Working Capital(Q: Sep. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.221 + 0.224 + 0.767) - (1.803 + 0 + 0.494)
=-1.085

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2012) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2012 )
=-13.063/0.000
= %

* 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.


Colombia Energy Resources EBIT Related Terms

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Colombia Energy Resources (Colombia Energy Resources) Business Description

Traded in Other Exchanges
N/A
Address
One Embarcadero Center, Suite 500, San Francisco, CA, USA, 94111
Website
Colombia Energy Resources Inc. is engaged in the business of acquiring and developing metallurgical coal mines in Colombia, South America. The Company owns and controls mining concessions in the provinces of Boyaca and Santander regions.
Executives
Watsa V Prem Et Al 10 percent owner 95 WELLINGTON STREET WEST, SUITE 800, TORONTO A6 M5J 2N7
Fairfax Financial Holdings Ltd/ Can 10 percent owner FAIRFAX FINANCIAL HOLDINGS LTD, 95 WELLINGTON ST WEST STE 800, TORONTO A6 M5J 2N7
Sixty Two Investment Co Ltd 10 percent owner 1600 CATHEDRAL PLACE, 925 W GEORGIA ST, VANCOUVER BC CANADA A1 V6C3L3
Second 1109 Holdco Ltd. 10 percent owner 95 WELLINGTON ST W STE 800, TORONTO A6 M5J 2N7
810679 Ontario Ltd 10 percent owner 95 WELLINGTON STREET WEST SUITE 800, TORONTO ONTARIO CANADA A6 00000
Odyssey America Reinsurance Corp 10 percent owner 300 FIRST STAMFORD PLACE, STAMFORD CT 06902
Steelhead Partners Llc other: See footnotes (1) (2) (3) 800 FIFTH AVENUE, SUITE 3700, SEATTLE WA 98104
James Michael Johnston other: See footnotes (1) (2) (3) 333 108TH AVENUE NE, SUITE 2010, BELLEVUE WA 98004
Brian Katz Klein other: See footnotes (1) (2) (3) 333 108TH AVENUE NE, SUITE 2010, BELLEVUE WA 98004
Steelhead Navigator Master, L.p. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Peter B Lilly other: Former Director 4501 GULF SHORE BLVD N, ARIA 1203, NAPLES FL 34103
Ronald G Stovash other: Former Officer 16496 FELICITA COURT, NAPLES FL 34110-3264

Colombia Energy Resources (Colombia Energy Resources) Headlines

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