Caza Oil & Gas (FRA:COJ) EBIT: €1.91 Mil (TTM As of Dec. 2015)


What is Caza Oil & Gas EBIT?

Caza Oil & Gas FRA:COJ EBIT is €1.91 Mil as of Dec. 2015. The stock has 3 warning signs investors should review.

Caza Oil & Gas's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2015 was €17.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was €1.91 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Caza Oil & Gas's annualized ROC % for the quarter that ended in Dec. 2015 was 98.44%. Caza Oil & Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2015 was 121.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Caza Oil & Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2015 was 10.61%.

Caza Oil & Gas  (FRA:COJ) EBIT Explanation

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

Caza Oil & Gas's annualized ROC % for the quarter that ended in Dec. 2015 is calculated as:

ROC % (Q: Dec. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2015 ) + Invested Capital (Q: Dec. 2015 ))/ count )
=77.58 * ( 1 - 0% )/( (89.477 + 68.146)/ 2 )
=77.58/78.8115
=98.44 %

where

Invested Capital(Q: Sep. 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))
=56.907 - 5.214 - ( 1.61 - max(0, 43.835 - 6.051+1.61))
=89.477

Invested Capital(Q: Dec. 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))
=71.383 - 4.92 - ( 1.491 - max(0, 5.311 - 3.628+1.491))
=68.146

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

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

Caza Oil & Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2015  Q: Dec. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=68.2/( ( (50.856 + max(-0.883, 0)) + (61.252 + max(-3.174, 0)) )/ 2 )
=68.2/( ( 50.856 + 61.252 )/ 2 )
=68.2/56.054
=121.67 %

where Working Capital is:

Working Capital(Q: Sep. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.632 + 0 + 2.809) - (5.214 + 0 + 0.11)
=-0.883

Working Capital(Q: Dec. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.494 + 0 + 0.643) - (4.92 + 0 + 0.391)
=-3.174

When net working capital is negative, 0 is used.

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

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

Caza Oil & Gas's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2015 )
=1.91/17.998
=10.61 %

* 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.

Caza Oil & Gas EBIT Related Terms

Caza Oil & Gas EBIT Historical Data

* Premium members only.

The historical data trend for Caza Oil & Gas'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.

Caza Oil & Gas EBIT Chart

Caza Oil & Gas Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.69 -9.32 -4.88 -1.68 0.81

Caza Oil & Gas Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 3.39 0.09 -1.37 -13.87 17.05

FRA:COJ vs EXCE, UPLC, PVL: EBIT Comparison

For the Oil & Gas E&P subindustry, Caza Oil & Gas'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.

Caza Oil & Gas EV-to-EBIT vs Oil & Gas Industry

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

* The bar in red indicates where Caza Oil & Gas's EV-to-EBIT falls into.


Caza Oil & Gas 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.91 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 €1.91 Mil mean?
Caza Oil & Gas (FRA:COJ) has a EBIT of €1.91 Mil as of Dec. 2015. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Caza Oil & Gas.
Is Caza Oil & Gas' EBIT too high?
Caza Oil & Gas' current EBIT is €1.91 Mil.
How does Caza Oil & Gas' EBIT compare to EXCE and UPLC?
Caza Oil & Gas' EBIT of €1.91 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 Caza Oil & Gas. Caza Oil & Gas's current EBIT is €1.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caza Oil & Gas stock overvalued right now?
Caza Oil & Gas (FRA:COJ) has a current EBIT of €1.91 Mil. The current EBIT is €1.91 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 Caza Oil & Gas (FRA:COJ), the current EBIT is €1.91 Mil as of Dec. 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.

Caza Oil & Gas Business Description

Industry EnergyOil & Gas
Caza Oil & Gas Inc is engaged in the exploration for and the development, production, and acquisition of, petroleum and natural gas reserves. The company primarily focuses on the Permian Basin of Southeast New Mexico and West Texas. Its exploration properties include Gramma Ridge, Gateway, Marathon Road, East Marathon Road, Lennox, Forehand Ranch, Forehand Ranch South, Jazzmaster, and others.