Upland Resources (LSE:UPL) EBIT : £-0.61 Mil (TTM As of Dec. 2022)

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What is Upland Resources EBIT?

Upland Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was £-0.39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was £-0.61 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Upland Resources's annualized ROC % for the quarter that ended in Dec. 2022 was -255.21%. Upland Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Upland Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -1.53%.

Upland Resources EBIT Historical Data

The historical data trend for Upland 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.

Upland Resources EBIT Chart

Upland Resources Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

EBIT

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-0.76

-0.91

-0.93

-0.72

-0.57

Upland Resources Semi-Annual Data
	Jun13	Jun14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
EBIT	Get a 7-Day Free Trial													-0.37	-0.20	-0.27	-0.23	-0.39

Competitive Comparison of Upland Resources's EBIT

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

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

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

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

Upland 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 Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.61 Mil.

Upland Resources (LSE:UPL) EBIT Explanation

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

Upland Resources's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	-0.772 * ( 1 - 0% )	/	( (0.416	+	0.189)	/ 2 )
=	-0.772	/	0.3025
=	-255.21 %

where

	Invested Capital		(Q: Jun. 2022 )
=	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	))
=	0.313	-	0.155	-	( 0.306	-	max(0, 0.571	-	0.313	+	0.306	))
=	0.416

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	0.109	-	0.126	-	( 0.098	-	max(0, 0.315	-	0.109	+	0.098	))
=	0.189

Note: The Operating Income data used here is two times the semi-annual (Dec. 2022) data.

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

Upland Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.772	/	( ( (0 + max(-0.414, 0))	+	(0 + max(-0.208, 0)) )	/	2 )
=	-0.772	/	( ( 0	+	0 )	/	2 )
=	-0.772	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.007)	-	(0.155	+	0	+	0.266)
=	-0.414

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.007)	-	(0.126	+	0	+	0.089)
=	-0.208

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	-0.611	/	39.810
	=	-1.53 %

Upland Resources EBIT Related Terms

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Upland Resources (LSE:UPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Upland Resources Ltd (LSE:UPL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

2UZ:Germany

Address

44 Esplanade, 3rd Floor, St Helier, JEY, JE4 9WG

Website

http://www.uplandres.com

Upland Resources Ltd is an upstream oil and gas company. The company acquires target companies that have operations in the oil and gas exploration and production sector. Upland predominantly seeks material stakes in oil and gas plays that represent an attractive risk and reward balance for its shareholders.

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