ENGY (Central Energy Partners LP) EBIT: $-2.31 Mil (TTM As of Jun. 2015)

What is Central Energy Partners LP EBIT?

Central Energy Partners LP ENGY EBIT is $-2.31 Mil as of Jun. 2015.

Central Energy Partners LP's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2015 was $-0.75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $-2.31 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Central Energy Partners LP's annualized ROC % for the quarter that ended in Jun. 2015 was -31.11%. Central Energy Partners LP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 was -96.96%.

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

Central Energy Partners LP (OTCPK:ENGY) EBIT Explanation

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

Central Energy Partners LP's annualized ROC % for the quarter that ended in Jun. 2015 is calculated as:

	ROC % (Q: Jun. 2015 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2015 )	+	Invested Capital (Q: Jun. 2015 ))	/ count )
=	-2.984 * ( 1 - 0% )	/	( (9.89	+	9.295)	/ 2 )
=	-2.984	/	9.5925
=	-31.11 %

where

	Invested Capital		(Q: Mar. 2015 )
=	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	))
=	8.129	-	1.534	-	( 0.106	-	max(0, 4.014	-	0.719	+	0.106	))
=	9.89

	Invested Capital		(Q: Jun. 2015 )
=	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	))
=	7.406	-	1.197	-	( 0.087	-	max(0, 3.612	-	0.526	+	0.087	))
=	9.295

Note: The Operating Income data used here is four times the quarterly (Jun. 2015) data.

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

Central Energy Partners LP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2015 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2015		Q: Jun. 2015
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.984	/	( ( (3.341 + max(-0.962, 0))	+	(2.814 + max(-0.797, 0)) )	/	2 )
=	-2.984	/	( ( 3.341	+	2.814 )	/	2 )
=	-2.984	/	3.0775
=	-96.96 %

where Working Capital is:

	Working Capital		(Q: Mar. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.266	+	0	+	0.347)	-	(1.534	+	0.041	+	0)
=	-0.962

	Working Capital		(Q: Jun. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.195	+	0	+	0.244)	-	(1.197	+	0.039	+	0)
=	-0.797

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2015) EBIT data.

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

Central Energy Partners LP's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2015 )
	=	-2.307	/	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.

Central Energy Partners LP EBIT Related Terms

Central Energy Partners LP EBIT Historical Data

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The historical data trend for Central Energy Partners LP's EBIT can be seen below:

Central Energy Partners LP EBIT Chart

Central Energy Partners LP Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

EBIT

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1.64

-1.30

-0.79

-0.33

-0.18

Central Energy Partners LP Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
EBIT	Get a 7-Day Free Trial															0.19	-0.49	-0.47	-0.75	-0.61

ENGY vs PGAS, SNMP, MRGE: EBIT Comparison

For the Oil & Gas Midstream subindustry, Central Energy Partners LP'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.

Central Energy Partners LP EV-to-EBIT vs Oil & Gas Industry

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

* The bar in red indicates where Central Energy Partners LP's EV-to-EBIT falls into.

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Central Energy Partners LP 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 Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.31 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-2.31 Mil mean?

Central Energy Partners LP (ENGY) has a EBIT of $-2.31 Mil as of Jun. 2015. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Central Energy Partners LP.

Is Central Energy Partners LP's EBIT too high?

Central Energy Partners LP's current EBIT is $-2.31 Mil.

How does Central Energy Partners LP's EBIT compare to PGAS and SNMP?

Central Energy Partners LP's EBIT of $-2.31 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 Central Energy Partners LP. Central Energy Partners LP's current EBIT is $-2.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Central Energy Partners LP stock overvalued right now?

Central Energy Partners LP (ENGY) has a current EBIT of $-2.31 Mil. The current EBIT is $-2.31 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 Central Energy Partners LP (ENGY), the current EBIT is $-2.31 Mil as of Jun. 2015. 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.

Central Energy Partners LP Business Description

Industry Energy Oil & Gas

Comparable Companies PGAS SNMP MRGE SGX:5PD BSE:OIL HKSE:08117 BKEP HKSE:00681 ASX:MTN DLNG ASX:LNG SGX:C9Q TSXV:MCR NNA USWS GASS OSG OSL:SIOFF BSE:COTE MMLP

Address 4809 Cole Avenue, Suite 108, Dallas, TX, USA, 75205

Website http://www.centralenergylp.com

Central Energy Partners LP provides liquid bulk storage, trans-loading, and transportation services for hazardous chemicals and petroleum products. Its key activities include the storage, transportation and railcar trans-loading of bulk liquids, including hazardous chemicals and petroleum products. It transports a range of hazardous products, such as aluminum sulfate solution, hydrochloric acid, sulfuric acid, aqua ammonia, sodium bisulfate and fuel blends.