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Sea1 Offshore (FRA:S5H0) EBIT : €156.8 Mil (TTM As of Mar. 2024)


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What is Sea1 Offshore EBIT?

Sea1 Offshore's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €18.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €156.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sea1 Offshore's annualized ROC % for the quarter that ended in Mar. 2024 was 4.97%. Sea1 Offshore's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sea1 Offshore's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.34%.


Sea1 Offshore EBIT Historical Data

The historical data trend for Sea1 Offshore'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.

Sea1 Offshore EBIT Chart

Sea1 Offshore 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 -46.92 -244.55 111.60 48.00 172.69

Sea1 Offshore Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 35.49 35.06 18.84 84.57 18.36

Competitive Comparison of Sea1 Offshore's EBIT

For the Oil & Gas Equipment & Services subindustry, Sea1 Offshore'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.


Sea1 Offshore's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sea1 Offshore's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sea1 Offshore's EV-to-EBIT falls into.



Sea1 Offshore 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €156.8 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.


Sea1 Offshore  (FRA:S5H0) EBIT Explanation

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

Sea1 Offshore's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=54.144 * ( 1 - 1.05% )/( (1075.114 + 1078.973)/ 2 )
=53.575488/1077.0435
=4.97 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Sea1 Offshore's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=73.44/( ( (776.406 + max(-1.424, 0)) + (777.893 + max(13.487, 0)) )/ 2 )
=73.44/( ( 776.406 + 791.38 )/ 2 )
=73.44/783.893
=9.37 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.171 + 4.849 + 12.369) - (20.896 + 0 + 35.917)
=-1.424

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(75.387 + 0 + 0) - (0 + 0 + 61.9)
=13.487

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Sea1 Offshore's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=156.833/1093.814
=14.34 %

* 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.


Sea1 Offshore EBIT Related Terms

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Sea1 Offshore (FRA:S5H0) Business Description

Traded in Other Exchanges
Address
c/o Siem Offshore AS, Nodeviga 14, Kristiansand, NOR, 4610
Siem Offshore Inc is a Cayman Islands-based shipping company that serves the oil and gas industry. It owns and operates a fleet of offshore support vessels, including platform supply vessels, offshore subsea construction vessels, anchor-handling tug supply vessels, and well-intervention vessels. The fleet operates in the North Sea, West Africa, the Middle East, India, the United States Gulf, and Brazil. The company operates into one segment, the OSV segment. The OSV segment has seven sub-segments: Platform supply vessels, Offshore subsea construction vessels, Anchor-handling tug supply vessels, Other Vessels in Brazil, Oil spill recovery vessels, fast supply vessels, Scientific core-drilling, and Others.

Sea1 Offshore (FRA:S5H0) Headlines

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