TXO (LSE:TXO) EBIT: £-1.96 Mil (TTM As of Mar. 2014)


What is TXO EBIT?

TXO LSE:TXO EBIT is £-1.96 Mil as of Mar. 2014.

TXO's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2014 was £-0.44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2014 was £-1.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TXO's annualized ROC % for the quarter that ended in Mar. 2014 was -24.28%. TXO's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2014 was -1,070.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TXO's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2014 was -97.76%.

TXO  (LSE:TXO) EBIT Explanation

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

TXO's annualized ROC % for the quarter that ended in Mar. 2014 is calculated as:

ROC % (Q: Mar. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2013 ) + Invested Capital (Q: Mar. 2014 ))/ count )
=-0.652 * ( 1 - 0% )/( (2.115 + 3.255)/ 2 )
=-0.652/2.685
=-24.28 %

where

Invested Capital(Q: Sep. 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))
=2.225 - 0.076 - ( 0.16 - max(0, 0.471 - 0.505+0.16))
=2.115

Invested Capital(Q: Mar. 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))
=3.151 - 0.166 - ( 0.273 - max(0, 0.648 - 0.378+0.273))
=3.255

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

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

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

ROC (Joel Greenblatt) %(Q: Mar. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2013  Q: Mar. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.878/( ( (0 + max(0.164, 0)) + (0 + max(-0.061, 0)) )/ 2 )
=-0.878/( ( 0.164 + 0 )/ 2 )
=-0.878/0.082
=-1,070.73 %

where Working Capital is:

Working Capital(Q: Sep. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.345) - (0.076 + 0 + 0.105)
=0.164

Working Capital(Q: Mar. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.105) - (0.166 + 0 + 0)
=-0.061

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2014 )
=-1.962/2.007
=-97.76 %

* 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.

TXO EBIT Related Terms

TXO EBIT Historical Data

* Premium members only.

The historical data trend for TXO'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.

TXO EBIT Chart

TXO Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Sep10 Sep11 Sep12 Sep13
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 -0.29 -0.29 -0.46 -1.90

TXO Semi-Annual Data
Sep03 Mar04 Sep04 Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.29 -0.18 -0.40 -1.52 -0.44

TXO EBIT Competitor Comparison

For the Oil & Gas E&P subindustry, TXO'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.

TXO EV-to-EBIT vs Oil & Gas Industry

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

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


TXO 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 Mar. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.96 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 £-1.96 Mil mean?
TXO (LSE:TXO) has a EBIT of £-1.96 Mil as of Mar. 2014. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TXO.
Is TXO's EBIT too high?
TXO's current EBIT is £-1.96 Mil.
How does TXO's EBIT compare to competitors?
TXO's EBIT of £-1.96 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 TXO. TXO's current EBIT is £-1.96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TXO stock overvalued right now?
TXO (LSE:TXO) has a current EBIT of £-1.96 Mil. The current EBIT is £-1.96 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 TXO (LSE:TXO), the current EBIT is £-1.96 Mil as of Mar. 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.

TXO Business Description

Industry EnergyOil & Gas
TXO PLC is a public company, incorporated on June 26, 1989. The Company is engaged in holding investments operating in the oil and gas sector. The Company's operations are subject to laws and regulations relating to the protection of human health and safety and the environment.