GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jericho Energy Ventures Inc (OTCPK:JROOF) » Definitions » EBIT

Jericho Energy Ventures (Jericho Energy Ventures) EBIT : $-6.56 Mil (TTM As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Jericho Energy Ventures EBIT?

Jericho Energy Ventures's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-2.42 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-6.56 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jericho Energy Ventures's annualized ROC % for the quarter that ended in Dec. 2023 was -23.22%. Jericho Energy Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jericho Energy Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -19.17%.


Jericho Energy Ventures EBIT Historical Data

The historical data trend for Jericho Energy 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.

* Premium members only.

Jericho Energy Ventures EBIT Chart

Jericho Energy Ventures 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 -1.58 -2.18 -4.94 -3.85 -6.56

Jericho Energy Ventures 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 0.44 -1.10 -1.55 -1.50 -2.42

Competitive Comparison of Jericho Energy Ventures's EBIT

For the Oil & Gas E&P subindustry, Jericho Energy 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.


Jericho Energy Ventures's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Jericho Energy 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.56 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.


Jericho Energy Ventures  (OTCPK:JROOF) EBIT Explanation

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

Jericho Energy Ventures'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 )
=-4.544 * ( 1 - 0% )/( (20.329 + 18.811)/ 2 )
=-4.544/19.57
=-23.22 %

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:

Jericho Energy Ventures'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 )
=-9.668/( ( (0 + max(-1.083, 0)) + (0 + max(-1.518, 0)) )/ 2 )
=-9.668/( ( 0 + 0 )/ 2 )
=-9.668/0
= %

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)
=(0.041 + 0 + 0.148) - (1.271 + 0 + 0.0010000000000001)
=-1.083

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.089 + 0 + 0.114) - (1.721 + 0 + -2.2204460492503E-16)
=-1.518

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-6.558/34.206
=-19.17 %

* 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.


Jericho Energy Ventures EBIT Related Terms

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


Jericho Energy Ventures (Jericho Energy Ventures) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2100, PO BOX 11110, STN Royal Centre, Vancouver, BC, CAN, V6E 3P3
Jericho Energy Ventures Inc is a crude oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas. It also focuses on advancing the low-carbon energy transition with investments in hydrogen technologies, energy storage, carbon capture, and new energy systems. The company has two reportable operating businesses. One is focused on low carbon technologies and the other related to production of crude oil and natural gas.

Jericho Energy Ventures (Jericho Energy Ventures) Headlines

From GuruFocus