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GASE Energy (GASE Energy) EBIT : $-0.57 Mil (TTM As of Sep. 2014)


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What is GASE Energy EBIT?

GASE Energy's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2014 was $-0.07 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2014 was $-0.57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GASE Energy's annualized ROC % for the quarter that ended in Sep. 2014 was -38.05%. GASE Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2014 was -44.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GASE Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2014 was -162.96%.


GASE Energy EBIT Historical Data

The historical data trend for GASE Energy'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.

GASE Energy EBIT Chart

GASE Energy Annual Data
Trend Dec11 Dec12 Dec13
EBIT
-0.01 0.06 -3.96

GASE Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.66 -0.12 -0.23 -0.15 -0.07

Competitive Comparison of GASE Energy's EBIT

For the Shell Companies subindustry, GASE Energy'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.


GASE Energy's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GASE Energy's EV-to-EBIT distribution charts can be found below:

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



GASE Energy 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 Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.57 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.


GASE Energy  (OTCPK:GASE) EBIT Explanation

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

GASE Energy's annualized ROC % for the quarter that ended in Sep. 2014 is calculated as:

ROC % (Q: Sep. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2014 ) + Invested Capital (Q: Sep. 2014 ))/ count )
=-0.292 * ( 1 - -9.59% )/( (1.063 + 0.619)/ 2 )
=-0.3200028/0.841
=-38.05 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2014) data.

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

GASE Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2014  Q: Sep. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.292/( ( (0.703 + max(-0.238, 0)) + (0.604 + max(-0.563, 0)) )/ 2 )
=-0.292/( ( 0.703 + 0.604 )/ 2 )
=-0.292/0.6535
=-44.68 %

where Working Capital is:

Working Capital(Q: Jun. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.005 + 0.025 + 0.009) - (0.276 + 0 + 0.00099999999999989)
=-0.238

Working Capital(Q: Sep. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.016 + 0.022 + 0.008) - (0.609 + 0 + 0)
=-0.563

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2014) EBIT data.

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

GASE Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2014 )
=-0.572/0.351
=-162.96 %

* 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.


GASE Energy EBIT Related Terms

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GASE Energy (GASE Energy) Business Description

Traded in Other Exchanges
N/A
Address
61 Larbert Road, Southport, CT, USA, 06890
GASE Energy Inc is a shell company.

GASE Energy (GASE Energy) Headlines

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