Puissant Industries (Puissant Industries) EBIT : $-0.20 Mil (TTM As of Dec. 2013)

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What is Puissant Industries EBIT?

Puissant Industries's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2013 was $-0.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2013 was $-0.20 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Puissant Industries's annualized ROC % for the quarter that ended in Dec. 2013 was -28.84%. Puissant Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2013 was -28.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Puissant Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2013 was -9.50%.

Puissant Industries EBIT Historical Data

The historical data trend for Puissant Industries'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.

Puissant Industries EBIT Chart

Puissant Industries Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

EBIT

-0.25

0.04

-0.04

-0.20

Puissant Industries Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13
EBIT	-0.25	0.04	-0.04	-0.20

Competitive Comparison of Puissant Industries's EBIT

For the Oil & Gas E&P subindustry, Puissant Industries'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.

Puissant Industries's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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

Puissant Industries 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2013 was $-0.20 Mil.

Puissant Industries (OTCPK:PSSS) EBIT Explanation

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

Puissant Industries's annualized ROC % for the quarter that ended in Dec. 2013 is calculated as:

	ROC % (Q: Dec. 2013 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2012 )	+	Invested Capital (Q: Dec. 2013 ))	/ count )
=	-0.202 * ( 1 - 0% )	/	( (0.692	+	0.709)	/ 2 )
=	-0.202	/	0.7005
=	-28.84 %

where

	Invested Capital		(Q: Dec. 2012 )
=	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	))
=	0.748	-	0.035	-	( 0.021	-	max(0, 0.039	-	0.379	+	0.021	))
=	0.692

	Invested Capital		(Q: Dec. 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	))
=	0.778	-	0.035	-	( 0.034	-	max(0, 0.04	-	0.182	+	0.034	))
=	0.709

Note: The Operating Income data used here is one times the annual (Dec. 2013) data.

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

Puissant Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2013 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2013 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2012		Q: Dec. 2013
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.202	/	( ( (0.369 + max(0.323, 0))	+	(0.596 + max(0.112, 0)) )	/	2 )
=	-0.202	/	( ( 0.692	+	0.708 )	/	2 )
=	-0.202	/	0.7
=	-28.86 %

where Working Capital is:

	Working Capital		(Q: Dec. 2012 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.048	+	0	+	0.31)	-	(0.035	+	0	+	-6.9388939039072E-18)
=	0.323

	Working Capital		(Q: Dec. 2013 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.051	+	0	+	0.097)	-	(0.035	+	0	+	0.00099999999999999)
=	0.112

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2013) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2013 )
	=	-0.202	/	2.127
	=	-9.50 %

Puissant Industries EBIT Related Terms

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Puissant Industries (Puissant Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Puissant Industries Inc (OTCPK:PSSS) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

480 Lexington Road, Suite 12, Versailles, KY, USA, 40383

Website

http://www.psss.co

Puissant Industries Inc is a rapidly growing independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations focused in the United States. The Company's focus is on the redevelopment of producing oils and gas properties and is currently producing commercial quantities of oil and gas from fields it owns and operates.

Executives

Carbon River Holdings, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Logos Resources, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Marshall E. Holbrook	director, officer: Vice President	520 WHITLEY STREET, LONDON KY 40743
Holbrook Cora J.	director, officer: Secretary/Treasurer	520 WHITLEY STREET, LONDON KY 40743
Mccrome International Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Sovereign One, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Mark E. Holbrook	director, officer: President	520 WHITLEY STREET, LONDON KY 40743

Puissant Industries (Puissant Industries) Headlines

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