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MTR (Mesa Royalty Trust) EBIT : $0.54 Mil (TTM As of Sep. 2024)


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What is Mesa Royalty Trust EBIT?

Mesa Royalty Trust's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $0.54 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mesa Royalty Trust's annualized ROC % for the quarter that ended in Sep. 2024 was 3.74%. Mesa Royalty Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mesa Royalty Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.11%.


Mesa Royalty Trust EBIT Historical Data

The historical data trend for Mesa Royalty Trust'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.

Mesa Royalty Trust EBIT Chart

Mesa Royalty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 0.56 0.76 3.66 2.74

Mesa Royalty Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.25 0.21 0.11 0.20 0.01

Competitive Comparison of Mesa Royalty Trust's EBIT

For the Oil & Gas E&P subindustry, Mesa Royalty Trust'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.


Mesa Royalty Trust's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Mesa Royalty Trust 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.54 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.


Mesa Royalty Trust  (NYSE:MTR) EBIT Explanation

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

Mesa Royalty Trust's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=0.048 * ( 1 - 0% )/( (1.285 + 1.279)/ 2 )
=0.048/1.282
=3.74 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Mesa Royalty Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.048/( ( (1.285 + max(-0.21, 0)) + (1.279 + max(-0.01, 0)) )/ 2 )
=0.048/( ( 1.285 + 1.279 )/ 2 )
=0.048/1.282
=3.74 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.21 + 0 + 0)
=-0.21

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.01 + 0 + 0)
=-0.01

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Mesa Royalty Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=0.535/10.477
=5.11 %

* 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.


Mesa Royalty Trust EBIT Related Terms

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Mesa Royalty Trust Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, Floor 16, Global Corporate Trust, Houston, TX, USA, 77002
Mesa Royalty Trust holds net overriding royalty interests in various oil and gas properties located in the: Hugoton field of Kansas, San Juan Basin field of New Mexico, and San Juan Basin Field of Colorado.
Executives
J Taylor Crandall 10 percent owner 2775 SAND HILL RD, SUITE 220, MENLO PARK CA 94025
Bruce Robert W Iii 10 percent owner
Algenpar Inc 10 percent owner
Alpine Capital Lp 10 percent owner

Mesa Royalty Trust Headlines

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