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Hermitage Offshore Services (FRA:N5OA) EBIT : €-8.80 Mil (TTM As of Mar. 2020)


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What is Hermitage Offshore Services EBIT?

Hermitage Offshore Services's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2020 was €-4.27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2020 was €-8.80 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hermitage Offshore Services's annualized ROC % for the quarter that ended in Mar. 2020 was -8.93%. Hermitage Offshore Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2020 was -10.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hermitage Offshore Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2020 was -432.97%.


Hermitage Offshore Services EBIT Historical Data

The historical data trend for Hermitage Offshore Services'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.

Hermitage Offshore Services EBIT Chart

Hermitage Offshore Services Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
EBIT
Get a 7-Day Free Trial -9.26 -27.84 -21.88 -166.76 -

Hermitage Offshore Services Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 -4.30 -1.40 -3.12 - -4.27

Competitive Comparison of Hermitage Offshore Services's EBIT

For the Marine Shipping subindustry, Hermitage Offshore Services'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.


Hermitage Offshore Services's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hermitage Offshore Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hermitage Offshore Services's EV-to-EBIT falls into.



Hermitage Offshore Services 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 Mar. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was €-8.80 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.


Hermitage Offshore Services  (FRA:N5OA) EBIT Explanation

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

Hermitage Offshore Services's annualized ROC % for the quarter that ended in Mar. 2020 is calculated as:

ROC % (Q: Mar. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2019 ) + Invested Capital (Q: Mar. 2020 ))/ count )
=-14.792 * ( 1 - 0% )/( (164.656 + 166.576)/ 2 )
=-14.792/165.616
=-8.93 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2020) data.

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

Hermitage Offshore Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2019  Q: Mar. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-17.092/( ( (160.385 + max(2.831, 0)) + (158.923 + max(5.307, 0)) )/ 2 )
=-17.092/( ( 163.216 + 164.23 )/ 2 )
=-17.092/163.723
=-10.44 %

where Working Capital is:

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.543 + 1.627 + 0.75) - (5.649 + 0 + 1.44)
=2.831

Working Capital(Q: Mar. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.814 + 2.112 + 1.38) - (3.653 + 0 + 2.346)
=5.307

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2020) EBIT data.

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

Hermitage Offshore Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2020 )
=-8.798/2.032
=-432.97 %

* 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.


Hermitage Offshore Services EBIT Related Terms

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Hermitage Offshore Services (FRA:N5OA) Business Description

Traded in Other Exchanges
N/A
Address
27 Reid Street, LOM Building, Hamilton, BMU, HM 11
Hermitage Offshore Services Ltd is a platform supply vessel company. The company owns and operates platform supply vessels in the North Sea and in West Africa. Its operating segment is the offshore support vessel market. All the company's vessels operate in the North Sea in both the term and spot market. Its vessels are considered homogeneous and interchangeable as it has approximately the same cargo deck area and capacity.

Hermitage Offshore Services (FRA:N5OA) Headlines

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