ERHE (ERHC Energy) EBIT: $-10.63 Mil (TTM As of Jun. 2017)


What is ERHC Energy EBIT?

ERHC Energy ERHE EBIT is $-10.63 Mil as of Jun. 2017.

ERHC Energy's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2017 was $-0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2017 was $-10.63 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ERHC Energy's annualized ROC % for the quarter that ended in Jun. 2017 was -9.39%. ERHC Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was -5.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ERHC Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was -369.16%.

ERHC Energy  (OTCPK:ERHE) EBIT Explanation

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

ERHC Energy's annualized ROC % for the quarter that ended in Jun. 2017 is calculated as:

ROC % (Q: Jun. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2017 ) + Invested Capital (Q: Jun. 2017 ))/ count )
=-0.572 * ( 1 - 0% )/( (6.073 + 6.111)/ 2 )
=-0.572/6.092
=-9.39 %

where

Invested Capital(Q: Mar. 2017 )
=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))
=5.559 - 13.059 - ( 0.13 - max(0, 13.735 - 0.162+0.13))
=6.073

Invested Capital(Q: Jun. 2017 )
=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))
=5.559 - 13.2 - ( 0.147 - max(0, 13.925 - 0.173+0.147))
=6.111

Note: The Operating Income data used here is four times the quarterly (Jun. 2017) data.

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

ERHC Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2017  Q: Jun. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.304/( ( (5.397 + max(-13.602, 0)) + (5.386 + max(-13.685, 0)) )/ 2 )
=-0.304/( ( 5.397 + 5.386 )/ 2 )
=-0.304/5.3915
=-5.64 %

where Working Capital is:

Working Capital(Q: Mar. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.006 + 0 + 0.026) - (13.059 + 0 + 0.575)
=-13.602

Working Capital(Q: Jun. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.026) - (13.2 + 0 + 0.511)
=-13.685

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2017) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2017 )
=-10.628/2.879
=-369.16 %

* 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.

ERHC Energy EBIT Related Terms

ERHC Energy EBIT Historical Data

* Premium members only.

The historical data trend for ERHC Energy'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.

ERHC Energy EBIT Chart

ERHC Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.32 -5.15 -1.85 -4.18 -11.69

ERHC Energy Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -4.08 -8.18 -1.73 -0.64 -0.08

ERHE vs AKVA, UNIGF, BRZV: EBIT Comparison

For the Oil & Gas E&P subindustry, ERHC Energy'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.

ERHC Energy EV-to-EBIT vs Oil & Gas Industry

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

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


ERHC Energy 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.63 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 $-10.63 Mil mean?
ERHC Energy (ERHE) has a EBIT of $-10.63 Mil as of Jun. 2017. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ERHC Energy.
Is ERHC Energy's EBIT too high?
ERHC Energy's current EBIT is $-10.63 Mil.
How does ERHC Energy's EBIT compare to AKVA and UNIGF?
ERHC Energy's EBIT of $-10.63 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 ERHC Energy. ERHC Energy's current EBIT is $-10.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ERHC Energy stock overvalued right now?
ERHC Energy (ERHE) has a current EBIT of $-10.63 Mil. The current EBIT is $-10.63 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 ERHC Energy (ERHE), the current EBIT is $-10.63 Mil as of Jun. 2017. 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.

ERHC Energy Business Description

Industry EnergyOil & Gas
Address 5444 Westheimer Road, Suite 1440, Houston, TX, USA, 77056
ERHC Energy Inc is an exploration company engaged in the exploration of oil and gas in Africa. The company also holds working interests in exploration acreage in the Republic of Kenya, the Republic of Chad, the Joint Development Zone between the Democratic Republic of Sao Tome and Príncipe, the Federal Republic of Nigeria, and the exclusive economic zone of Sao Tome and Principe.