EXCE (EXCO Resources) EBIT: $-153.3 Mil (TTM As of Dec. 2018)


What is EXCO Resources EBIT?

EXCO Resources EXCE EBIT is $-153.3 Mil as of Dec. 2018.

EXCO Resources's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2018 was $24.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2018 was $-153.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EXCO Resources's annualized ROC % for the quarter that ended in Dec. 2018 was 13.90%. EXCO Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was 14.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EXCO Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was -27.23%.

EXCO Resources  (OTCPK:EXCE) EBIT Explanation

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

EXCO Resources's annualized ROC % for the quarter that ended in Dec. 2018 is calculated as:

ROC % (Q: Dec. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2018 ) + Invested Capital (Q: Dec. 2018 ))/ count )
=184.896 * ( 1 - 0% )/( (1324.038 + 1336.514)/ 2 )
=184.896/1330.276
=13.90 %

where

Invested Capital(Q: Sep. 2018 )
=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))
=1044.57 - 98.291 - ( 66.963 - max(0, 572.255 - 194.496+66.963))
=1324.038

Invested Capital(Q: Dec. 2018 )
=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))
=1032.693 - 117.329 - ( 46.541 - max(0, 591.293 - 170.143+46.541))
=1336.514

Note: The Operating Income data used here is four times the quarterly (Dec. 2018) data.

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

EXCO Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2018  Q: Dec. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=99.44/( ( (682.183 + max(26.628, 0)) + (694.663 + max(3.623, 0)) )/ 2 )
=99.44/( ( 708.811 + 698.286 )/ 2 )
=99.44/703.5485
=14.13 %

where Working Capital is:

Working Capital(Q: Sep. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(98.861 + 0 + 26.658) - (98.291 + 0 + 0.60000000000002)
=26.628

Working Capital(Q: Dec. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(94.036 + 0 + 27.516) - (117.329 + 0 + 0.60000000000002)
=3.623

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2018 )
=-153.298/563.007
=-27.23 %

* 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.

EXCO Resources EBIT Related Terms

EXCO Resources EBIT Historical Data

* Premium members only.

The historical data trend for EXCO 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.

EXCO Resources EBIT Chart

EXCO Resources Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 214.95 -1,086.30 -152.02 132.83 -153.30

EXCO Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -54.98 -206.39 15.56 12.68 24.86

EXCE vs UPLC, AXAS, CHAP: EBIT Comparison

For the Oil & Gas E&P subindustry, EXCO 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.

EXCO Resources EV-to-EBIT vs Oil & Gas Industry

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

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


EXCO 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 Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-153.3 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 $-153.3 Mil mean?
EXCO Resources (EXCE) has a EBIT of $-153.3 Mil as of Dec. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on EXCO Resources.
Is EXCO Resources' EBIT too high?
EXCO Resources' current EBIT is $-153.3 Mil.
How does EXCO Resources' EBIT compare to UPLC and AXAS?
EXCO Resources' EBIT of $-153.3 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 EXCO Resources. EXCO Resources's current EBIT is $-153.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EXCO Resources stock overvalued right now?
EXCO Resources (EXCE) has a current EBIT of $-153.3 Mil. The current EBIT is $-153.3 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 EXCO Resources (EXCE), the current EBIT is $-153.3 Mil as of Dec. 2018. 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.

EXCO Resources Business Description

Industry EnergyOil & Gas
Address 12377 Merit Drive, Suite 1700, Dallas, TX, USA, 75251
EXCO Resources Inc is an oil and gas exploration and production company. Its operations include the exploration, acquisition, development, and production of oil and gas reserves. These activities take place in the company's onshore oilfields within the United States, and focus on shale resource plays. Its fields are located in key oil and gas areas, including Texas, Louisiana, and the Appalachian region. The Louisiana and Texas operations are the most productive fields. The majority of the company's revenue is generated from natural gas, with a smaller portion coming from oil.