SKYQ (Sky Quarry) EBIT : $ Mil (TTM As of Sep. 2024)

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What is Sky Quarry EBIT?

Sky Quarry's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-3.13 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sky Quarry's annualized ROC % for the quarter that ended in Sep. 2024 was -13.79%. Sky Quarry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -80.91%.

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

Sky Quarry EBIT Historical Data

The historical data trend for Sky Quarry'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.

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Sky Quarry EBIT Chart

Sky Quarry Annual Data

Trend

EBIT

Sky Quarry Quarterly Data
	Sep23	Sep24
EBIT	1.32	-3.13

Competitive Comparison of Sky Quarry's EBIT

For the Oil & Gas Integrated subindustry, Sky Quarry'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.

Sky Quarry's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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

Sky Quarry 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 $ Mil.

Sky Quarry (NAS:SKYQ) EBIT Explanation

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

Sky Quarry'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: Sep. 2023 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	-4.692 * ( 1 - 0% )	/	( (0	+	34.017)	/ 1 )
=	-4.692	/	34.017
=	-13.79 %

where

	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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	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	))
=	26.348	-	3.12	-	( 0.293	-	max(0, 15.591	-	4.802	+	0.293	))
=	34.017

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

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

Sky Quarry'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: Sep. 2023		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-12.5	/	( ( (0 + max(0, 0))	+	(15.45 + max(-0.547, 0)) )	/	1 )
=	-12.5	/	( ( 0	+	15.45 )	/	1 )
=	-12.5	/	15.45
=	-80.91 %

where Working Capital is:

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

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.529	+	2.686	+	0.294)	-	(3.12	+	0	+	1.936)
=	-0.547

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:

Sky Quarry's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=		/	25.062
	=	%

Sky Quarry EBIT Related Terms

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Sky Quarry Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sky Quarry Inc (NAS:SKYQ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

707 W. 700 S, Suite 101, Woods Cross, UT, USA, 84087

Website

https://www.skyquarry.com

Sky Quarry Inc is a development-stage oil-producing and refining company. The company along with its subsidiaries is engaged in deploying technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated soils. The recycling and production of oil from asphalt shingles is expected to reduce the dependence on landfills for the disposal of waste and to also reduce dependence on foreign and domestic virgin crude oil extraction for industrial uses.