Wellstar Energy (Wellstar Energy) EBIT : $-0.80 Mil (TTM As of Oct. 2016)

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What is Wellstar Energy EBIT?

Wellstar Energy's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2016 was $-0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2016 was $-0.80 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wellstar Energy's annualized ROC % for the quarter that ended in Oct. 2016 was -8.75%. Wellstar Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2016 was -11.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wellstar Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2016 was -49.44%.

Wellstar Energy EBIT Historical Data

The historical data trend for Wellstar Energy'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.

Wellstar Energy EBIT Chart

Wellstar Energy Annual Data

Trend

Jan07

Jan08

Jan09

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Jan16

EBIT

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-0.23

-0.45

-0.70

-0.54

-0.84

Wellstar Energy Quarterly Data
	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16
EBIT	Get a 7-Day Free Trial															-0.15	-0.54	-0.11	-0.07	-0.08

Competitive Comparison of Wellstar Energy's EBIT

For the Oil & Gas E&P subindustry, Wellstar Energy'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.

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

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

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

Wellstar Energy 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 Oct. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.80 Mil.

Wellstar Energy (GREY:WSEYF) EBIT Explanation

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

Wellstar Energy's annualized ROC % for the quarter that ended in Oct. 2016 is calculated as:

	ROC % (Q: Oct. 2016 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jul. 2016 )	+	Invested Capital (Q: Oct. 2016 ))	/ count )
=	-0.316 * ( 1 - 0% )	/	( (3.643	+	3.583)	/ 2 )
=	-0.316	/	3.613
=	-8.75 %

where

	Invested Capital		(Q: Jul. 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	))
=	2.911	-	1.152	-	( 0.006	-	max(0, 2.035	-	0.151	+	0.006	))
=	3.643

	Invested Capital		(Q: Oct. 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	))
=	2.912	-	1.351	-	( 0.016	-	max(0, 2.202	-	0.18	+	0.016	))
=	3.583

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

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

Wellstar Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2016 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Oct. 2016 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jul. 2016		Q: Oct. 2016
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.316	/	( ( (2.76 + max(-0.995, 0))	+	(2.733 + max(-1.178, 0)) )	/	2 )
=	-0.316	/	( ( 2.76	+	2.733 )	/	2 )
=	-0.316	/	2.7465
=	-11.51 %

where Working Capital is:

	Working Capital		(Q: Jul. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.077	+	0	+	0.08)	-	(1.152	+	0	+	0)
=	-0.995

	Working Capital		(Q: Oct. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.109	+	0	+	0.064)	-	(1.351	+	0	+	0)
=	-1.178

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Oct. 2016 )
	=	-0.796	/	1.610
	=	-49.44 %

Wellstar Energy EBIT Related Terms

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Wellstar Energy (Wellstar Energy) Business Description

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Website

http://www.wellstarenergy.com

Wellstar Energy Corp was incorporated under the laws of the Province of British Columbia on August 26, 1985, and has continued as a company under the Business Corporations Act of British Columbia. The Company is engaged in the exploration and evaluation of oil and gas and mineral properties in the USA and Canada.

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