RUBLF (Rubellite Energy) EBIT : $41.2 Mil (TTM As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Rubellite Energy EBIT?

Rubellite Energy's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $16.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $41.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rubellite Energy's annualized ROC % for the quarter that ended in Sep. 2024 was 11.24%. Rubellite Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 28.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rubellite Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 28.38%.

Rubellite Energy EBIT Historical Data

The historical data trend for Rubellite Energy'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.

Rubellite Energy EBIT Chart

Rubellite Energy Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

0.66

7.47

21.26

Rubellite Energy Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial								3.63	16.09	-3.01	11.51	16.64

Competitive Comparison of Rubellite Energy's EBIT

For the Oil & Gas E&P subindustry, Rubellite Energy'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.

Rubellite Energy's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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

Rubellite Energy 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 $41.2 Mil.

Rubellite Energy (OTCPK:RUBLF) EBIT Explanation

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

Rubellite Energy'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 )
=	38.28 * ( 1 - 26.44% )	/	( (195.943	+	305.015)	/ 2 )
=	28.158768	/	250.479
=	11.24 %

where

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	205.435	-	23.786	-	( 0	-	max(0, 24.798	-	10.504	+	0	))
=	195.943

	Invested Capital		(Q: Sep. 2024 )
=	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	))
=	319.53	-	48.603	-	( 0	-	max(0, 63.578	-	29.49	+	0	))
=	305.015

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

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

Rubellite Energy'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 )
=	66.56	/	( ( (185.132 + max(-14.294, 0))	+	(289.64 + max(-19.323, 0)) )	/	2 )
=	66.56	/	( ( 185.132	+	289.64 )	/	2 )
=	66.56	/	237.386
=	28.04 %

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)
=	(8.92	+	1.103	+	0.481)	-	(23.786	+	0	+	1.012)
=	-14.294

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(17.998	+	2.376	+	9.116)	-	(48.603	+	0	+	0.21)
=	-19.323

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	41.234	/	145.272
	=	28.38 %

Rubellite Energy EBIT Related Terms

Thank you for viewing the detailed overview of Rubellite Energy's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Rubellite Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rubellite Energy Corp (OTCPK:RUBLF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

6L00:Germany RBY:Canada

Address

605 5 Avenue South West, Suite 3200, Calgary, AB, CAN, T2P 3H5

Website

https://www.rubelliteenergy.com

Rubellite Energy Corp is a Canadian energy company. The company is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The company is also engaged in the production of conventional heavy crude oil from the Clearwater Formation in Eastern Alberta, The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.