Paragon Resources (LSE:PAR) EBIT: £-0.29 Mil (TTM As of May. 2014)


What is Paragon Resources EBIT?

Paragon Resources LSE:PAR EBIT is £-0.29 Mil as of May. 2014.

Paragon Resources's earnings before interest and taxes (EBIT) for the six months ended in May. 2014 was £-0.15 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2014 was £-0.29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Paragon Resources's annualized ROC % for the quarter that ended in May. 2014 was -394.77%. Paragon Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2014 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Paragon Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2014 was -27.46%.

Paragon Resources  (LSE:PAR) EBIT Explanation

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

Paragon Resources's annualized ROC % for the quarter that ended in May. 2014 is calculated as:

ROC % (Q: May. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2013 ) + Invested Capital (Q: May. 2014 ))/ count )
=-0.302 * ( 1 - 0% )/( (0.153 + -3.4694469519536E-18)/ 2 )
=-0.302/0.0765
=-394.77 %

where

Invested Capital(Q: Nov. 2013 )
=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))
=0.215 - 0.035 - ( 0.079 - max(0, 0.062 - 0.089+0.079))
=0.153

Invested Capital(Q: May. 2014 )
=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))
=0.019 - 0.049 - ( 0.01 - max(0, 0.049 - 0.019+0.01))
=-3.4694469519536E-18

Note: The Operating Income data used here is two times the semi-annual (May. 2014) data.

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

Paragon Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2013  Q: May. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.302/( ( (0 + max(-0.052, 0)) + (0 + max(-0.04, 0)) )/ 2 )
=-0.302/( ( 0 + 0 )/ 2 )
=-0.302/0
= %

where Working Capital is:

Working Capital(Q: Nov. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.01 + 0 + 0) - (0.035 + 0 + 0.027)
=-0.052

Working Capital(Q: May. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.009) - (0.049 + 0 + 0)
=-0.04

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (May. 2014) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2014 )
=-0.287/1.045
=-27.46 %

* 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.

Paragon Resources EBIT Related Terms

Paragon Resources EBIT Historical Data

* Premium members only.

The historical data trend for Paragon 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.

Paragon Resources EBIT Chart

Paragon Resources Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 May13 May14
EBIT
Get a 7-Day Free Trial -6.58 -6.07 -5.42 0.00 -0.36

Paragon Resources Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Nov13 May14 Nov14
EBIT Get a 7-Day Free Trial -11.40 2.45 -0.22 -0.15 -0.14

Paragon Resources EBIT Competitor Comparison

For the Conglomerates subindustry, Paragon 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.

Paragon Resources EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Paragon Resources's EV-to-EBIT distribution charts can be found below:

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


Paragon 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 May. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.29 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 £-0.29 Mil mean?
Paragon Resources (LSE:PAR) has a EBIT of £-0.29 Mil as of May. 2014. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Paragon Resources.
Is Paragon Resources' EBIT too high?
Paragon Resources' current EBIT is £-0.29 Mil.
How does Paragon Resources' EBIT compare to competitors?
Paragon Resources' EBIT of £-0.29 Mil can be compared against companies in the Conglomerates 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 a Conglomerates company?
A good EBIT depends on the Conglomerates 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 Paragon Resources. Paragon Resources's current EBIT is £-0.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Resources stock overvalued right now?
Paragon Resources (LSE:PAR) has a current EBIT of £-0.29 Mil. The current EBIT is £-0.29 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 Paragon Resources (LSE:PAR), the current EBIT is £-0.29 Mil as of May. 2014. 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.

Paragon Resources Business Description