TXLZF (Tesla Exploration) EBIT: $-43.84 Mil (TTM As of Mar. 2016)

What is Tesla Exploration EBIT?

Tesla Exploration TXLZF -90.00% EBIT is $-43.84 Mil as of Mar. 2016.

Tesla Exploration's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2016 was $-17.88 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $-43.84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tesla Exploration's annualized ROC % for the quarter that ended in Mar. 2016 was -40.05%. Tesla Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2016 was -225.61%.

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

Tesla Exploration (OTCPK:TXLZF) EBIT Explanation

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

Tesla Exploration's annualized ROC % for the quarter that ended in Mar. 2016 is calculated as:

	ROC % (Q: Mar. 2016 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2015 )	+	Invested Capital (Q: Mar. 2016 ))	/ count )
=	-29.468 * ( 1 - 0.01% )	/	( (69.549	+	77.601)	/ 2 )
=	-29.4650532	/	73.575
=	-40.05 %

where

	Invested Capital		(Q: Dec. 2015 )
=	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	))
=	59.192	-	16.763	-	( 1.721	-	max(0, 47.588	-	20.468	+	1.721	))
=	69.549

	Invested Capital		(Q: Mar. 2016 )
=	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	))
=	45.194	-	0.777	-	( 1.404	-	max(0, 53.697	-	20.513	+	1.404	))
=	77.601

Note: The Operating Income data used here is four times the quarterly (Mar. 2016) data.

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

Tesla Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2016 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2016 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2015		Q: Mar. 2016
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-71.524	/	( ( (38.724 + max(-8.19, 0))	+	(24.681 + max(-8.938, 0)) )	/	2 )
=	-71.524	/	( ( 38.724	+	24.681 )	/	2 )
=	-71.524	/	31.7025
=	-225.61 %

where Working Capital is:

	Working Capital		(Q: Dec. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(7.238	+	0	+	1.891)	-	(16.763	+	0.487	+	0.069000000000003)
=	-8.19

	Working Capital		(Q: Mar. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(8.339	+	0	+	1.403)	-	(0.777	+	0	+	17.903)
=	-8.938

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2016) EBIT data.

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

Tesla Exploration's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2016 )
	=	-43.838	/	0.000
	=	%

* 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.

Tesla Exploration EBIT Related Terms

Tesla Exploration EBIT Historical Data

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The historical data trend for Tesla Exploration's EBIT can be seen below:

Tesla Exploration EBIT Chart

Tesla Exploration Annual Data

Trend

Apr06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

EBIT

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2.71

10.22

4.37

-12.65

-28.54

Tesla Exploration Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
EBIT	Get a 7-Day Free Trial															-3.87	-6.87	-9.10	-9.99	-17.88

TXLZF vs SES, DPDW, BAS: EBIT Comparison

For the Oil & Gas Equipment & Services subindustry, Tesla Exploration'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.

Tesla Exploration EV-to-EBIT vs Oil & Gas Industry

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

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

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Tesla Exploration 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 Mar. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-43.84 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-43.84 Mil mean?

Tesla Exploration (TXLZF) has a EBIT of $-43.84 Mil as of Mar. 2016. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tesla Exploration.

Is Tesla Exploration's EBIT too high?

Tesla Exploration's current EBIT is $-43.84 Mil.

How does Tesla Exploration's EBIT compare to SES and DPDW?

Tesla Exploration's EBIT of $-43.84 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for an Oil & Gas company?

A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tesla Exploration. Tesla Exploration's current EBIT is $-43.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tesla Exploration stock overvalued right now?

Tesla Exploration (TXLZF) has a current EBIT of $-43.84 Mil. The current EBIT is $-43.84 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Tesla Exploration (TXLZF), the current EBIT is $-43.84 Mil as of Mar. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tesla Exploration Business Description

Industry Energy Oil & Gas

Comparable Companies LSE:VLS OSL:HAVI WAR:PBG TSX:SHLE SGX:BLZ SGX:5PL BOM:532773 ASX:BLV SES DPDW NGM:GGEO SGX:EB7 BSP:LUPA3 BAS NSE:SOUTHWEST SAEX TSXV:WEE ENSV BKK:PAE CRR

Address 8A Street N.E, Suite 4500, Calgary, AB, CAN, T2E 4J7

Website http://www.teslaexploration.com

Tesla Exploration Ltd is a Canada based geophysical services company. It provides seismic services in North America, Europe, Africa and other international locations. It operates through North American Land Seismic Acquisition, International Land Seismic Acquisition, and Offshore Marine Survey segments. The North American Land Seismic Acquisition and International Land Seismic Acquisition segments offer three dimensional (3D) program design, project management, and experience when acquiring two dimensional (2D) and 3D vibroseis, dynamite and airgun seismic surveys on all types of land terrain, rivers, and lakes. The Offshore Marine Survey segment offers a set of survey services, with project planning and survey design, data acquisition, interpretation and final report preparation.