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Ensign Energy Services (TSX:ESI) EBIT : C$136 Mil (TTM As of Sep. 2024)


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What is Ensign Energy Services EBIT?

Ensign Energy Services's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$136 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ensign Energy Services's annualized ROC % for the quarter that ended in Sep. 2024 was 2.43%. Ensign Energy Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ensign Energy Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.37%.


Ensign Energy Services EBIT Historical Data

The historical data trend for Ensign Energy Services'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.

Ensign Energy Services EBIT Chart

Ensign Energy Services 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 -42.65 -13.15 -96.87 112.90 174.38

Ensign Energy Services 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 26.19 60.42 21.82 21.94 31.93

Competitive Comparison of Ensign Energy Services's EBIT

For the Oil & Gas Drilling subindustry, Ensign Energy Services'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.


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

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

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



Ensign Energy Services 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 C$136 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.


Ensign Energy Services  (TSX:ESI) EBIT Explanation

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

Ensign Energy Services'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 )
=98.184 * ( 1 - 34.31% )/( (2681.24 + 2622.963)/ 2 )
=64.4970696/2652.1015
=2.43 %

where

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))
=2883.811 - 268.976 - ( 24.517 - max(0, 400.372 - 392.244+24.517))
=2622.963

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

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

Ensign Energy Services'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 )
=127.7/( ( (2344.341 + max(81.843, 0)) + (2280.58 + max(90.709, 0)) )/ 2 )
=127.7/( ( 2426.184 + 2371.289 )/ 2 )
=127.7/2398.7365
=5.32 %

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)
=(275.902 + 58.872 + 0) - (246.465 + 0 + 6.466)
=81.843

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(313.03 + 54.697 + 5.6843418860808E-14) - (268.976 + 0 + 8.042)
=90.709

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=136.104/1625.917
=8.37 %

* 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.


Ensign Energy Services EBIT Related Terms

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Ensign Energy Services Business Description

Traded in Other Exchanges
Address
400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally, It offers drilling and workover rigs. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.
Executives
Michael Gray Senior Officer
Brent John Conway Senior Officer
Robert Harold Geddes Senior Officer
Fairfax Financial Holdings Limited 10% Security Holder
Jr. Cary A. Moomjian Director
Barth Edward Whitham Director
James Brian Howe Director
Norman Murray Edwards 10% Security Holder, Director, Senior Officer
Gary William Casswell Director
Thomas Joseph Connors Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Rudy Nuss Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)