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Highwood Asset Management (TSXV:HAM) EBIT : C$46.6 Mil (TTM As of Dec. 2024)


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What is Highwood Asset Management EBIT?

Highwood Asset Management's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$4.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$46.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Highwood Asset Management's annualized ROC % for the quarter that ended in Dec. 2024 was 12.57%. Highwood Asset Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 8.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Highwood Asset Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 25.63%.


Highwood Asset Management EBIT Historical Data

The historical data trend for Highwood Asset Management'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.

Highwood Asset Management EBIT Chart

Highwood Asset Management Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial -10.44 -2.69 3.02 53.80 46.64

Highwood Asset Management 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 54.13 2.09 16.35 23.33 4.88

Competitive Comparison of Highwood Asset Management's EBIT

For the Oil & Gas E&P subindustry, Highwood Asset Management'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.


Highwood Asset Management's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Highwood Asset Management's EV-to-EBIT falls into.


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Highwood Asset Management 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$46.6 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.


Highwood Asset Management  (TSXV:HAM) EBIT Explanation

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

Highwood Asset Management'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 )
=46.712 * ( 1 - 27.88% )/( (274.821 + 261.089)/ 2 )
=33.6886944/267.955
=12.57 %

where

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

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

Highwood Asset Management'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 )
=19.5/( ( (227.831 + max(-14.266, 0)) + (231.001 + max(-11.902, 0)) )/ 2 )
=19.5/( ( 227.831 + 231.001 )/ 2 )
=19.5/229.416
=8.50 %

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)
=(19.074 + 0 + 10.56) - (42.5 + 0 + 1.4)
=-14.266

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.227 + 0 + 4.955) - (39.041 + 0 + 2.043)
=-11.902

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:

Highwood Asset Management's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=46.643/182.010
=25.63 %

* 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.


Highwood Asset Management EBIT Related Terms

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Highwood Asset Management Business Description

Traded in Other Exchanges
Address
600-3rd Avenue SW, Suite 500, Calgary, AB, CAN, T2P 0G5
Highwood Asset Management Ltd is an asset management entity overseeing various operations including clean energy transition subsectors with a focus on ESG it also looks at current activities in the industrial metals & minerals, oil production, and oil midstream spaces. The Company's current focus is the exploration and development of its oil and natural gas properties in Alberta. The company generates revenue from the exploration and development of oil and natural gas and the operation of midstream oil and gas infrastructure.
Executives
Raymond Kwan Director

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