RISE (Rise Oil & Gas) EBIT: $-2.39 Mil (TTM As of Sep. 2023)


What is Rise Oil & Gas EBIT?

Rise Oil & Gas RISE EBIT is $-2.39 Mil as of Sep. 2023.

Rise Oil & Gas's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.39 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rise Oil & Gas's annualized ROC % for the quarter that ended in Sep. 2023 was -57.11%. Rise Oil & Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -103.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Rise Oil & Gas  (AMEX:RISE) EBIT Explanation

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

Rise Oil & Gas's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-2.6 * ( 1 - 0% )/( (4.243 + 4.862)/ 2 )
=-2.6/4.5525
=-57.11 %

where

Invested Capital(Q: Jun. 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))
=6.181 - 1.904 - ( 1.832 - max(0, 1.904 - 1.938+1.832))
=4.243

Invested Capital(Q: Sep. 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))
=6.093 - 2.466 - ( 1.151 - max(0, 2.466 - 1.231+1.151))
=4.862

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Rise Oil & Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.6/( ( (2.426 + max(-1.798, 0)) + (2.596 + max(-2.386, 0)) )/ 2 )
=-2.6/( ( 2.426 + 2.596 )/ 2 )
=-2.6/2.511
=-103.54 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.106) - (1.904 + 0 + 0)
=-1.798

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.08) - (2.466 + 0 + 0)
=-2.386

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Rise Oil & Gas's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-2.385/0.000
= %

* 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.

Rise Oil & Gas EBIT Related Terms

Rise Oil & Gas EBIT Historical Data

* Premium members only.

The historical data trend for Rise Oil & Gas'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.

Rise Oil & Gas EBIT Chart

Rise Oil & Gas Annual Data
Trend Dec21 Dec22
EBIT
0.00 -1.13

Rise Oil & Gas Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EBIT Get a 7-Day Free Trial -0.44 -0.35 -1.10 -0.29 -0.65

RISE vs : EBIT Comparison

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

Rise Oil & Gas EV-to-EBIT vs Oil & Gas Industry

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

* The bar in red indicates where Rise Oil & Gas's EV-to-EBIT falls into.


Rise Oil & Gas 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.39 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 $-2.39 Mil mean?
Rise Oil & Gas (RISE) has a EBIT of $-2.39 Mil as of Sep. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rise Oil & Gas.
Is Rise Oil & Gas' EBIT too high?
Rise Oil & Gas' current EBIT is $-2.39 Mil.
How does Rise Oil & Gas' EBIT compare to ?
Rise Oil & Gas' EBIT of $-2.39 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 Rise Oil & Gas. Rise Oil & Gas's current EBIT is $-2.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rise Oil & Gas stock overvalued right now?
Rise Oil & Gas (RISE) has a current EBIT of $-2.39 Mil. The current EBIT is $-2.39 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 Rise Oil & Gas (RISE), the current EBIT is $-2.39 Mil as of Sep. 2023. 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.

Rise Oil & Gas Business Description

Industry EnergyOil & Gas
Comparable Companies
Address 8911 N. Capital of Texas Highway, Suite 4200, Austin, TX, USA, 78759
Rise Oil & Gas Inc is an independent oil and natural gas company focused on securing high-quality, long-lived oil and natural gas assets to create a sustainable inventory of highly economic wells. It has established its initial acreage position in the Permian Basin; however, it actively evaluates opportunities in other oil and natural gas-producing regions.