Frontera Resources (LSE:FRR) EBIT : £-6.05 Mil (TTM As of Jun. 2018)

View and export this data going back to 2005. Start your Free Trial

What is Frontera Resources EBIT?

Frontera Resources's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2018 was £-3.15 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2018 was £-6.05 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Frontera Resources's annualized ROC % for the quarter that ended in Jun. 2018 was -35.06%. Frontera Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was -78.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Frontera Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was -8.20%.

Frontera Resources EBIT Historical Data

The historical data trend for Frontera 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.

* Premium members only.

Frontera Resources EBIT Chart

Frontera Resources Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

EBIT

Get a 7-Day Free Trial

-4.52

-4.46

-9.94

-11.51

-7.16

Frontera Resources Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
EBIT	Get a 7-Day Free Trial														-4.07	-6.88	-4.46	-2.90	-3.15

Competitive Comparison of Frontera Resources's EBIT

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

Frontera Resources's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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

Frontera 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 Jun. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-6.05 Mil.

Frontera Resources (LSE:FRR) EBIT Explanation

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

Frontera Resources's annualized ROC % for the quarter that ended in Jun. 2018 is calculated as:

	ROC % (Q: Jun. 2018 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2017 )	+	Invested Capital (Q: Jun. 2018 ))	/ count )
=	-6.212 * ( 1 - 0% )	/	( (8.849	+	26.588)	/ 2 )
=	-6.212	/	17.7185
=	-35.06 %

where

	Invested Capital		(Q: Dec. 2017 )
=	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	))
=	10.39	-	4.748	-	( 0.067	-	max(0, 9.76	-	6.553	+	0.067	))
=	8.849

	Invested Capital		(Q: Jun. 2018 )
=	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	))
=	17.696	-	4.045	-	( 0.476	-	max(0, 18.51	-	5.573	+	0.476	))
=	26.588

Note: The Operating Income data used here is two times the semi-annual (Jun. 2018) data.

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

Frontera Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2018 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2017		Q: Jun. 2018
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-6.292	/	( ( (3.837 + max(-3.27, 0))	+	(12.123 + max(-13.408, 0)) )	/	2 )
=	-6.292	/	( ( 3.837	+	12.123 )	/	2 )
=	-6.292	/	7.98
=	-78.85 %

where Working Capital is:

	Working Capital		(Q: Dec. 2017 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.281	+	3.709	+	1.496)	-	(4.748	+	0	+	5.008)
=	-3.27

	Working Capital		(Q: Jun. 2018 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.422	+	3.486	+	1.189)	-	(4.045	+	0	+	14.46)
=	-13.408

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2018 )
	=	-6.045	/	73.700
	=	-8.20 %

Frontera Resources EBIT Related Terms

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

Frontera Resources (LSE:FRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Frontera Resources Corp (LSE:FRR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

3040 Post Oak Boulevard, Suite 1100, Houston, TX, USA, 77056

Website

http://www.fronteraresources.com

Frontera Resources Corp is an international oil and gas exploration and production company. The company, along with its subsidiaries is principally engaged in the development of oil and gas projects. The company develops reserves in known hydrocarbon-bearing basins in the Republic of Georgia. Frontera's current focus is targeted on exploiting a Greater Black Sea initiative, regionally building from its core operations in the country of Georgia.

Frontera Resources (LSE:FRR) Headlines

No Headlines