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Vivakor (Vivakor) EBIT : $-6.57 Mil (TTM As of Mar. 2024)


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What is Vivakor EBIT?

Vivakor's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-1.47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-6.57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vivakor's annualized ROC % for the quarter that ended in Mar. 2024 was -6.58%. Vivakor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -21.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vivakor's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -7.81%.


Vivakor EBIT Historical Data

The historical data trend for Vivakor'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.

Vivakor EBIT Chart

Vivakor Annual Data
Trend Dec07 Dec08 Dec09 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -2.14 -2.32 -7.80 -23.17 -6.72

Vivakor Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.61 -0.66 -1.31 -3.14 -1.47

Competitive Comparison of Vivakor's EBIT

For the Oil & Gas Integrated subindustry, Vivakor'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.


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

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

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



Vivakor 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.57 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.


Vivakor  (NAS:VIVK) EBIT Explanation

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

Vivakor's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-6.468 * ( 1 - -0.05% )/( (96.704 + 99.845)/ 2 )
=-6.471234/98.2745
=-6.58 %

where

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

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

Vivakor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.864/( ( (25.834 + max(-16.609, 0)) + (28 + max(-16.742, 0)) )/ 2 )
=-5.864/( ( 25.834 + 28 )/ 2 )
=-5.864/26.917
=-21.79 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.633 + 0.045 + 1.193) - (9.405 + 9.107 + 1.968)
=-16.609

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.184 + 0.058 + 1.401) - (11.537 + 9.107 + 1.741)
=-16.742

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-6.573/84.164
=-7.81 %

* 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.


Vivakor EBIT Related Terms

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Vivakor (Vivakor) Business Description

Traded in Other Exchanges
N/A
Address
4101 North Thanksgiving Way, Lehi, UT, USA, 84043
Vivakor Inc is an operator, acquirer, and developer of clean energy technologies and environmental solutions, with a focus on soil remediation. The company remediates the soil and extracts hydrocarbons, such as oils, which are then used to produce asphaltic cement and petroleum-based products. Currently, the company is focusing on remediating oil spills resulting from the Iraqi invasion of Kuwait and naturally occurring oil sand deposits in the Unita basin of Eastern Utah.
Executives
David Natan director 11190 BISCAYNE BLVD, MIAMI FL 33181
James H. Ballengee 10 percent owner 2009 CHENAULT DRIVE, SUITE 100, CARROLLTON TX 75006
Matthew Nicosia director 2 PARK PLAZA, SUITE 400, IRVINE CA 92614
Al Ferrara director 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Trent Philip Staggs director 2067 W. BAMBERGER DRIVE, RIVERTON UT 84065
Spence Joseph S Jr director C/O VIVAKOR, INC., 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Tyler Robert Nelson officer: Chief Financial Officer C/O VIVAKOR, INC., 433 LAWNDALE AVENUE, SOUTH SALT LAKE CITY UT 84115
Francis Wen-hou Chen director 1821 JONES STREET, SAN FRANCISCO CA 94109
Fritz Lin director 2590 HOLIDAY ROAD, SUITE 100, CORALVILLE IA 52241
John Gryga director 2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Tannin J Fuja director, 10 percent owner, officer: CEO and President 2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Ed Corrente officer: CFO 2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Nfg, Inc. 10 percent owner 2222 MICHELSON #222-164, IRVINE CA 92612