Uriel Gas Holdings (XCNQ:UGH) EBIT : C$-0.51 Mil (TTM As of Mar. 2024)

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What is Uriel Gas Holdings EBIT?

Uriel Gas Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-0.18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.51 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Uriel Gas Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was -16.76%. Uriel Gas Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -16.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Uriel Gas Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -29.59%.

Uriel Gas Holdings EBIT Historical Data

The historical data trend for Uriel Gas Holdings'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.

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Uriel Gas Holdings EBIT Chart

Uriel Gas Holdings Annual Data

Trend

Jun22

Jun23

EBIT

-1.03

Uriel Gas Holdings Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial					-0.24	-0.17	-0.09	-0.07	-0.18

Competitive Comparison of Uriel Gas Holdings's EBIT

For the Oil & Gas E&P subindustry, Uriel Gas Holdings'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.

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

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

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

Uriel Gas Holdings 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 C$-0.51 Mil.

Uriel Gas Holdings (XCNQ:UGH) EBIT Explanation

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

Uriel Gas Holdings'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 )
=	-0.716 * ( 1 - 0% )	/	( (4.351	+	4.194)	/ 2 )
=	-0.716	/	4.2725
=	-16.76 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	4.483	-	0.338	-	( 0.02	-	max(0, 0.338	-	0.132	+	0.02	))
=	4.351

	Invested Capital		(Q: Mar. 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	))
=	4.388	-	0.543	-	( 0.03	-	max(0, 0.543	-	0.194	+	0.03	))
=	4.194

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

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

Uriel Gas Holdings'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 )
=	-0.716	/	( ( (4.351 + max(-0.226, 0))	+	(4.193 + max(-0.379, 0)) )	/	2 )
=	-0.716	/	( ( 4.351	+	4.193 )	/	2 )
=	-0.716	/	4.272
=	-16.76 %

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)
=	(0.086	+	0	+	0.026)	-	(0.338	+	0	+	0)
=	-0.226

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.086	+	0	+	0.078)	-	(0.543	+	0	+	0)
=	-0.379

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:

Uriel Gas Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-0.508	/	1.717
	=	-29.59 %

Uriel Gas Holdings EBIT Related Terms

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Uriel Gas Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Uriel Gas Holdings Corp (XCNQ:UGH) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

500-4th Avenue South West, Suite 2900, Calgary, AB, CAN, T2P 2V6

Website

https://www.urielgas.com

Uriel Gas Holdings Corp is an oil and gas company engaged in the exploration for and production of crude oil and natural gas in Western Canada. The company's business model focuses on the acquisition and exploitation of under-developed oil and gas pools, principally in the Western Canadian Sedimentary Basin.

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