Bens Creek Group (LSE:BEN) EBIT : £-18.17 Mil (TTM As of Sep. 2023)

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What is Bens Creek Group EBIT?

Bens Creek Group's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was £-9.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was £-18.17 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bens Creek Group's annualized ROC % for the quarter that ended in Sep. 2023 was -26.04%. Bens Creek Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -32.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bens Creek Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -73.07%.

Bens Creek Group EBIT Historical Data

The historical data trend for Bens Creek Group'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.

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Bens Creek Group EBIT Chart

Bens Creek Group Annual Data

Trend

Mar21

Mar22

Mar23

EBIT

-1.01

19.95

-17.54

Bens Creek Group Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial			-0.44	20.41	-9.06	-9.08	-9.09

Competitive Comparison of Bens Creek Group's EBIT

For the Coking Coal subindustry, Bens Creek Group'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.

Bens Creek Group's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bens Creek Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bens Creek Group's EV-to-EBIT falls into.

Bens Creek Group 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-18.17 Mil.

Bens Creek Group (LSE:BEN) EBIT Explanation

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

Bens Creek Group's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-19.282 * ( 1 - 4.02% )	/	( (74.873	+	67.26)	/ 2 )
=	-18.5068636	/	71.0665
=	-26.04 %

where

	Invested Capital		(Q: Mar. 2023 )
=	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	))
=	66.038	-	6.07	-	( 0.389	-	max(0, 23.187	-	8.282	+	0.389	))
=	74.873

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	63.539	-	5.336	-	( 0.957	-	max(0, 15.049	-	5.992	+	0.957	))
=	67.26

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Bens Creek Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-18.178	/	( ( (56.709 + max(-3.355, 0))	+	(56.197 + max(-8.532, 0)) )	/	2 )
=	-18.178	/	( ( 56.709	+	56.197 )	/	2 )
=	-18.178	/	56.453
=	-32.20 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.391	+	4.244	+	2.678)	-	(6.07	+	0	+	4.598)
=	-3.355

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	3.537	+	0.137)	-	(5.336	+	0	+	6.87)
=	-8.532

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

Bens Creek Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-18.173	/	24.872
	=	-73.07 %

Bens Creek Group EBIT Related Terms

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Bens Creek Group (LSE:BEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bens Creek Group PLC (LSE:BEN) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

BENCF:USA

Address

15 Stratton Street, London, GBR, W1J 8LQ

Website

https://www.benscreek.com

Bens Creek Group PLC owns and operates metallurgical coal mines in North America. Its main country of operation is the United States of America. The company is engaged in Ben's creek mining project situated in the southern part of the state of West Virginia and the eastern edge of the Commonwealth of Kentucky. The company has two geographical segment, the United Kingdom and the United States of America ("USA"). Activities in the UK are mainly administrative in nature whilst the activities in the USA relate to coal production and sale of coal. Geographically the company derives the majority of its revenue from USA.