Clontarf Energy (LSE:CLON) EBIT : £-0.54 Mil (TTM As of Jun. 2023)

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What is Clontarf Energy EBIT?

Clontarf Energy's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was £-0.29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was £-0.54 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Clontarf Energy's annualized ROC % for the quarter that ended in Jun. 2023 was -23.16%. Clontarf Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -43.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Clontarf Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -20.87%.

Clontarf Energy EBIT Historical Data

The historical data trend for Clontarf 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.

Clontarf Energy EBIT Chart

Clontarf Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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-0.24

-0.30

-0.36

-0.40

-0.67

Clontarf Energy Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT	Get a 7-Day Free Trial															-0.14	-0.26	-0.41	-0.25	-0.29

Competitive Comparison of Clontarf Energy's EBIT

For the Oil & Gas E&P subindustry, Clontarf 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.

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

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

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

Clontarf 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.54 Mil.

Clontarf Energy (LSE:CLON) EBIT Explanation

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

Clontarf Energy's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-0.576 * ( 1 - 0% )	/	( (1.755	+	3.22)	/ 2 )
=	-0.576	/	2.4875
=	-23.16 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	1.8	-	2.14	-	( 0.932	-	max(0, 3.027	-	0.932	+	0.932	))
=	1.755

	Invested Capital		(Q: Jun. 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	))
=	2.137	-	0.048	-	( 0.381	-	max(0, 1.512	-	0.381	+	0.381	))
=	3.22

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

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

Clontarf Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.576	/	( ( (0.868 + max(-3.027, 0))	+	(1.756 + max(-1.512, 0)) )	/	2 )
=	-0.576	/	( ( 0.868	+	1.756 )	/	2 )
=	-0.576	/	1.312
=	-43.90 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(2.14	+	0	+	0.887)
=	-3.027

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.048	+	0	+	1.464)
=	-1.512

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-0.542	/	2.597
	=	-20.87 %

Clontarf Energy EBIT Related Terms

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Clontarf Energy (LSE:CLON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Clontarf Energy PLC (LSE:CLON) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

162, Clontarf Road, Suite 1, 7th Floor, Dublin 3, IRL, D03 F6Y0

Website

https://www.clontarfenergy.com

Clontarf Energy PLC is engaged in oil and gas exploration and production company focused on Africa and South America. Apparently, the company is organized into three segments: Bolivia, Ghana, and Australia.

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