ATH Resources (LSE:5154) EBIT: £-6.69 Mil (TTM As of Mar. 2012)


What is ATH Resources EBIT?

ATH Resources LSE:5154 EBIT is £-6.69 Mil as of Mar. 2012.

ATH Resources's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2012 was £-5.91 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2012 was £-6.69 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ATH Resources's annualized ROC % for the quarter that ended in Mar. 2012 was -10.30%. ATH Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2012 was -17.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ATH Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2012 was -30.17%.

ATH Resources  (LSE:5154) EBIT Explanation

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

ATH Resources's annualized ROC % for the quarter that ended in Mar. 2012 is calculated as:

ROC % (Q: Mar. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2011 ) + Invested Capital (Q: Mar. 2012 ))/ count )
=-11.822 * ( 1 - 28.18% )/( (82.273 + 82.567)/ 2 )
=-8.4905604/82.42
=-10.30 %

where

Invested Capital(Q: Sep. 2011 )
=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))
=97.926 - 15.155 - ( 0.498 - max(0, 23.82 - 26.949+0.498))
=82.273

Invested Capital(Q: Mar. 2012 )
=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))
=96.219 - 17.288 - ( 2.151 - max(0, 29.005 - 25.369+2.151))
=82.567

Note: The Operating Income data used here is two times the semi-annual (Mar. 2012) data.

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

ATH Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2012 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2012 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2011  Q: Mar. 2012
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-11.822/( ( (67.214 + max(2.631, 0)) + (67.087 + max(-5.787, 0)) )/ 2 )
=-11.822/( ( 69.845 + 67.087 )/ 2 )
=-11.822/68.466
=-17.27 %

where Working Capital is:

Working Capital(Q: Sep. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 11.463 + 14.988) - (15.155 + 0 + 8.665)
=2.631

Working Capital(Q: Mar. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 8.494 + 14.724) - (17.288 + 0 + 11.717)
=-5.787

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2012) EBIT data.

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

ATH Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2012 )
=-6.686/22.160
=-30.17 %

* 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.

ATH Resources EBIT Related Terms

ATH Resources EBIT Historical Data

* Premium members only.

The historical data trend for ATH Resources'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.

ATH Resources EBIT Chart

ATH Resources Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10
EBIT
Get a 7-Day Free Trial 8.10 11.06 11.90 9.01 6.95

ATH Resources Semi-Annual Data
Mar04 Sep04 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12
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 -0.31 7.26 -2.43 -0.78 -5.91

ATH Resources EBIT Competitor Comparison

For the Oil & Gas Drilling subindustry, ATH Resources'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.

ATH Resources EV-to-EBIT vs Oil & Gas Industry

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

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


ATH Resources 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. 2012 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-6.69 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 £-6.69 Mil mean?
ATH Resources (LSE:5154) has a EBIT of £-6.69 Mil as of Mar. 2012. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ATH Resources.
Is ATH Resources' EBIT too high?
ATH Resources' current EBIT is £-6.69 Mil.
How does ATH Resources' EBIT compare to competitors?
ATH Resources' EBIT of £-6.69 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 ATH Resources. ATH Resources's current EBIT is £-6.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ATH Resources stock overvalued right now?
ATH Resources (LSE:5154) has a current EBIT of £-6.69 Mil. The current EBIT is £-6.69 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 ATH Resources (LSE:5154), the current EBIT is £-6.69 Mil as of Mar. 2012. 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.