Seascape Energy Asia (LSE:SEA) EBIT : £-10.00 Mil (TTM As of Jun. 2024)

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What is Seascape Energy Asia EBIT?

Seascape Energy Asia's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was £-2.75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was £-10.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Seascape Energy Asia's annualized ROC % for the quarter that ended in Jun. 2024 was -66.56%. Seascape Energy Asia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -542.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Seascape Energy Asia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -54.66%.

Seascape Energy Asia EBIT Historical Data

The historical data trend for Seascape Energy Asia'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.

Seascape Energy Asia EBIT Chart

Seascape Energy Asia Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-2.38

-11.43

-2.59

-9.30

Seascape Energy Asia Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial						-1.30	-1.30	-2.05	-7.25	-2.75

Competitive Comparison of Seascape Energy Asia's EBIT

For the Oil & Gas E&P subindustry, Seascape Energy Asia'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.

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

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

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

Seascape Energy Asia 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-10.00 Mil.

Seascape Energy Asia (LSE:SEA) EBIT Explanation

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

Seascape Energy Asia's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-5.636 * ( 1 - 0% )	/	( (13.644	+	3.292)	/ 2 )
=	-5.636	/	8.468
=	-66.56 %

where

	Invested Capital		(Q: Dec. 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	))
=	18.073	-	0.744	-	( 3.685	-	max(0, 0.894	-	5.028	+	3.685	))
=	13.644

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	5.283	-	0.721	-	( 1.27	-	max(0, 1.374	-	4.598	+	1.27	))
=	3.292

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Seascape Energy Asia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-5.5	/	( ( (0.583 + max(-0.529, 0))	+	(0.686 + max(0.757, 0)) )	/	2 )
=	-5.5	/	( ( 0.583	+	1.443 )	/	2 )
=	-5.5	/	1.013
=	-542.94 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.079	+	0	+	0.286)	-	(0.744	+	0	+	0.15)
=	-0.529

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	2.131)	-	(0.721	+	0	+	0.653)
=	0.757

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-10.004	/	18.302
	=	-54.66 %

Seascape Energy Asia EBIT Related Terms

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Seascape Energy Asia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seascape Energy Asia PLC (LSE:SEA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

One New Change, 5th Floor, London, GBR, EC4M 9AF

Website

https://www.seascape-energy.com

Seascape Energy Asia PLC is an oil and gas exploration and production company. The company focuses on drill-bit, both through infill drilling in existing fields and through near-field exploration drilling. The company's business operations are held in Malaysia.

Seascape Energy Asia Headlines

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