HLLXF (Hellix Ventures) EBIT: $-0.91 Mil (TTM As of Apr. 2014)


What is Hellix Ventures EBIT?

Hellix Ventures HLLXF -99.00% EBIT is $-0.91 Mil as of Apr. 2014.

Hellix Ventures's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2014 was $-0.46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2014 was $-0.91 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hellix Ventures's annualized ROC % for the quarter that ended in Apr. 2014 was -1,403.28%. Hellix Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2014 was -1,617.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Hellix Ventures  (OTCPK:HLLXF) EBIT Explanation

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

Hellix Ventures's annualized ROC % for the quarter that ended in Apr. 2014 is calculated as:

ROC % (Q: Apr. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2014 ) + Invested Capital (Q: Apr. 2014 ))/ count )
=-1.712 * ( 1 - 0% )/( (0.061 + 0.183)/ 2 )
=-1.712/0.122
=-1,403.28 %

where

Invested Capital(Q: Jan. 2014 )
=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))
=2.21 - 0.45 - ( 1.817 - max(0, 0.45 - 2.149+1.817))
=0.061

Invested Capital(Q: Apr. 2014 )
=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))
=1.72 - 0.428 - ( 1.109 - max(0, 0.428 - 1.66+1.109))
=0.183

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

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

Hellix Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2014  Q: Apr. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.836/( ( (0.052 + max(-0.17, 0)) + (0.052 + max(0.123, 0)) )/ 2 )
=-1.836/( ( 0.052 + 0.175 )/ 2 )
=-1.836/0.1135
=-1,617.62 %

where Working Capital is:

Working Capital(Q: Jan. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.005 + 0 + 0.275) - (0.45 + 0 + 0)
=-0.17

Working Capital(Q: Apr. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.01 + 0 + 0.541) - (0.428 + 0 + 0)
=0.123

When net working capital is negative, 0 is used.

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

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

Hellix Ventures's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2014 )
=-0.912/0.000
= %

* 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.

Hellix Ventures EBIT Related Terms

Hellix Ventures EBIT Historical Data

* Premium members only.

The historical data trend for Hellix Ventures'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.

Hellix Ventures EBIT Chart

Hellix Ventures Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.53 -1.66 -2.01 -3.15 -1.51

Hellix Ventures Quarterly Data
Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14
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 -0.15 -0.20 -0.09 -0.17 -0.46

HLLXF vs EXNT, SNECQ: EBIT Comparison

For the Oil & Gas E&P subindustry, Hellix Ventures'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.

Hellix Ventures EV-to-EBIT vs Oil & Gas Industry

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

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


Hellix Ventures 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 Apr. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.91 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 $-0.91 Mil mean?
Hellix Ventures (HLLXF) has a EBIT of $-0.91 Mil as of Apr. 2014. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hellix Ventures.
Is Hellix Ventures' EBIT too high?
Hellix Ventures' current EBIT is $-0.91 Mil.
How does Hellix Ventures' EBIT compare to EXNT and SNECQ?
Hellix Ventures' EBIT of $-0.91 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 Hellix Ventures. Hellix Ventures's current EBIT is $-0.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hellix Ventures stock overvalued right now?
Hellix Ventures (HLLXF) has a current EBIT of $-0.91 Mil. The current EBIT is $-0.91 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 Hellix Ventures (HLLXF), the current EBIT is $-0.91 Mil as of Apr. 2014. 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.

Hellix Ventures Business Description

Industry EnergyOil & Gas
Address 1030 Denman Street, Suite 125A, Vancouver, BC, CAN, V6G 2M6
Hellix Ventures Inc is a Canada-based natural resource company. The company is engaged in the identification, acquisition, exploration and development of resource properties. Its operating segments include oil and gas operation and mineral property exploration.