GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SeaBird Exploration PLC (FRA:E36) » Definitions » EBIT

SeaBird Exploration (FRA:E36) EBIT : €5.65 Mil (TTM As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is SeaBird Exploration EBIT?

SeaBird Exploration's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €-5.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €5.65 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SeaBird Exploration's annualized ROC % for the quarter that ended in Dec. 2023 was -24.48%. SeaBird Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -51.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SeaBird Exploration's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.23%.


SeaBird Exploration EBIT Historical Data

The historical data trend for SeaBird Exploration'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.

SeaBird Exploration EBIT Chart

SeaBird Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.48 -10.44 -9.79 -9.31 5.49

SeaBird Exploration Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.03 7.26 2.49 0.98 -5.08

Competitive Comparison of SeaBird Exploration's EBIT

For the Oil & Gas Equipment & Services subindustry, SeaBird Exploration'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.


SeaBird Exploration's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



SeaBird Exploration 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €5.65 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.


SeaBird Exploration  (FRA:E36) EBIT Explanation

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

SeaBird Exploration's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-10.2 * ( 1 - -4.45% )/( (42.487 + 44.537)/ 2 )
=-10.6539/43.512
=-24.48 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

SeaBird Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-20.308/( ( (37.125 + max(4.4, 0)) + (36.178 + max(0.905, 0)) )/ 2 )
=-20.308/( ( 41.525 + 37.083 )/ 2 )
=-20.308/39.304
=-51.67 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.972 + 1.098 + 3.156) - (5.059 + 0 + 0.767)
=4.4

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.842 + 1.032 + 1.105) - (4.875 + 0 + 5.199)
=0.905

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

SeaBird Exploration's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=5.649/46.207
=12.23 %

* 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.


SeaBird Exploration EBIT Related Terms

Thank you for viewing the detailed overview of SeaBird Exploration's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


SeaBird Exploration (FRA:E36) Business Description

Traded in Other Exchanges
Address
Andrea Tselepou No. 14, Yeroskipou, Pafos, CYP, 8201
SeaBird Exploration PLC is engaged in providing marine 2D and 3D seismic data for the oil and gas industry. The services provided by the company include 3D and 3D water acquisition, source vessel, 2D seismic acquisition, and Multi-client. Geographically, the company operates in Europe, the Middle East & Africa (EMEA), North & South America (NSA), and derives a majority of its revenue from the Asia Pacific (APAC) region.

SeaBird Exploration (FRA:E36) Headlines

No Headlines