Magnolia Petroleum (LSE:MAGP) EBIT: £-4.42 Mil (TTM As of Jun. 2017)


What is Magnolia Petroleum EBIT?

Magnolia Petroleum LSE:MAGP +50.00% EBIT is £-4.42 Mil as of Jun. 2017. The stock has 6 warning signs investors should review.

Magnolia Petroleum's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2017 was £-2.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2017 was £-4.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Magnolia Petroleum's annualized ROC % for the quarter that ended in Jun. 2017 was -15.45%. Magnolia Petroleum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was -120.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Magnolia Petroleum's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was -233.10%.

Magnolia Petroleum  (LSE:MAGP) EBIT Explanation

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

Magnolia Petroleum's annualized ROC % for the quarter that ended in Jun. 2017 is calculated as:

ROC % (Q: Jun. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2016 ) + Invested Capital (Q: Jun. 2017 ))/ count )
=-0.958 * ( 1 - 0% )/( (7.144 + 5.255)/ 2 )
=-0.958/6.1995
=-15.45 %

where

Invested Capital(Q: Dec. 2016 )
=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))
=5.651 - 0.972 - ( 0.193 - max(0, 3.147 - 0.682+0.193))
=7.144

Invested Capital(Q: Jun. 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))
=3.855 - 1.239 - ( 0.235 - max(0, 3.24 - 0.601+0.235))
=5.255

Note: The Operating Income data used here is two times the semi-annual (Jun. 2017) data.

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

Magnolia Petroleum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2016  Q: Jun. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.002/( ( (3.619 + max(-0.545, 0)) + (3.012 + max(-0.873, 0)) )/ 2 )
=-4.002/( ( 3.619 + 3.012 )/ 2 )
=-4.002/3.3155
=-120.71 %

where Working Capital is:

Working Capital(Q: Dec. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.355 + 0 + 0.134) - (0.972 + 0 + 0.062)
=-0.545

Working Capital(Q: Jun. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.366) - (1.239 + 0 + 0)
=-0.873

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2017) EBIT data.

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

Magnolia Petroleum's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2017 )
=-4.415/1.894
=-233.10 %

* 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.

Magnolia Petroleum EBIT Related Terms

Magnolia Petroleum EBIT Historical Data

* Premium members only.

The historical data trend for Magnolia Petroleum'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.

Magnolia Petroleum EBIT Chart

Magnolia Petroleum Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
EBIT
Get a 7-Day Free Trial Premium Member Only -0.67 -0.16 1.16 -6.46 -1.12

Magnolia Petroleum Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.87 -5.56 1.13 -2.41 -2.00

LSE:MAGP vs VNRRQ, GBEYF, STSC: EBIT Comparison

For the Oil & Gas E&P subindustry, Magnolia Petroleum'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.

Magnolia Petroleum EV-to-EBIT vs Oil & Gas Industry

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

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


Magnolia Petroleum 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. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-4.42 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 £-4.42 Mil mean?
Magnolia Petroleum (LSE:MAGP) has a EBIT of £-4.42 Mil as of Jun. 2017. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Magnolia Petroleum.
Is Magnolia Petroleum's EBIT too high?
Magnolia Petroleum's current EBIT is £-4.42 Mil.
How does Magnolia Petroleum's EBIT compare to VNRRQ and GBEYF?
Magnolia Petroleum's EBIT of £-4.42 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 Magnolia Petroleum. Magnolia Petroleum's current EBIT is £-4.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnolia Petroleum stock overvalued right now?
Magnolia Petroleum (LSE:MAGP) has a current EBIT of £-4.42 Mil. The current EBIT is £-4.42 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 Magnolia Petroleum (LSE:MAGP), the current EBIT is £-4.42 Mil as of Jun. 2017. 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.

Magnolia Petroleum Business Description

Industry EnergyOil & Gas
Address 19-21 Crawford Street, Suite 321, London, GBR, W1H 1PJ
Magnolia Petroleum PLC is an oil and gas production company. The company focuses on the acquisition, exploitation, and development of oil and gas properties located onshore in the United States. It has a diverse portfolio of revenue-generating assets including leases on the highly productive Bakken/Three Forks Sanish Formation in North Dakota and the proven Mississippi Lime and Woodford/Hunton oil formations in Oklahoma. It operates in two geographical areas, the United Kingdom and the United States of America.