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Trican Well Service (TSX:TCW) EBIT : C$148.0 Mil (TTM As of Dec. 2024)


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What is Trican Well Service EBIT?

Trican Well Service's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$37.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$148.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trican Well Service's annualized ROC % for the quarter that ended in Dec. 2024 was 20.88%. Trican Well Service's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 27.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trican Well Service's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 17.39%.


Trican Well Service EBIT Historical Data

The historical data trend for Trican Well Service'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.

Trican Well Service EBIT Chart

Trican Well Service Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -255.82 13.95 110.45 161.56 148.00

Trican Well Service Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 38.78 54.79 23.33 32.87 37.01

Competitive Comparison of Trican Well Service's EBIT

For the Oil & Gas Equipment & Services subindustry, Trican Well Service'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.


Trican Well Service's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Trican Well Service's EV-to-EBIT falls into.



Trican Well Service 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$148.0 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.


Trican Well Service  (TSX:TCW) EBIT Explanation

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

Trican Well Service's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=150.188 * ( 1 - 24.09% )/( (551.232 + 540.645)/ 2 )
=114.0077108/545.9385
=20.88 %

where

Invested Capital(Q: Dec. 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))
=683.07 - 116.144 - ( 26.281 - max(0, 135.476 - 263.438+26.281))
=540.645

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

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

Trican Well Service's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=148.044/( ( (412.611 + max(138.621, 0)) + (419.632 + max(106.769, 0)) )/ 2 )
=148.044/( ( 551.232 + 526.401 )/ 2 )
=148.044/538.8165
=27.48 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(191.951 + 19.655 + 6.003) - (78.988 + 0 + 0)
=138.621

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(210.62 + 20.268 + 6.269) - (116.144 + 0 + 14.244)
=106.769

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Trican Well Service's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=147.995/850.822
=17.39 %

* 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.


Trican Well Service EBIT Related Terms

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Trican Well Service Business Description

Traded in Other Exchanges
Address
645 - 7th Avenue South West, Suite 2900, Calgary, AB, CAN, T2P 4G8
Trican Well Service Ltd is an equipment services company. It provides products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells through its continuing pressure pumping operations in Canada. The company offers services related to coiled tubing, pipeline service, cementing, fracturing and reservoir solutions. The company offers these services to customers in Canada from operating bases located across the Western Canadian Sedimentary Basin (WCSB).
Executives
Daniel Adam Lopushinsky Senior Officer
Kathleen Janet Mccrum Senior Officer
Chika Benjamin Onwuekwe Senior Officer
Scott Eric Matson Senior Officer
James Charles Rukin Senior Officer
Brian James Lane Senior Officer
Trevor Alan Funk Senior Officer
Michael Joseph Mcnulty Director
Thomas Malcolm Alford Director
Dawn Amanda Sweany Senior Officer
William Harold Anderson Senior Officer
Deborah Susan Stein Director
Clarke Inc. 10% Security Holder
Michael Rapps Director
Sime Armoyan 10% Security Holder

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