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Kraken Energy (XCNQ:UUSA) EBIT : C$-6.70 Mil (TTM As of Dec. 2023)


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What is Kraken Energy EBIT?

Kraken Energy's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-1.70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-6.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kraken Energy's annualized ROC % for the quarter that ended in Dec. 2023 was -30.64%. Kraken Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -30.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kraken Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -140.66%.


Kraken Energy EBIT Historical Data

The historical data trend for Kraken 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.

Kraken Energy EBIT Chart

Kraken Energy Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
-0.02 -0.17 -0.09 -2.41 -7.50

Kraken Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.58 -3.09 -1.01 -0.91 -1.70

Competitive Comparison of Kraken Energy's EBIT

For the Other Industrial Metals & Mining subindustry, Kraken 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.


Kraken Energy's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kraken Energy's EV-to-EBIT distribution charts can be found below:

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



Kraken 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-6.70 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.


Kraken Energy  (XCNQ:UUSA) EBIT Explanation

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

Kraken Energy's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-6.788 * ( 1 - 0% )/( (22.558 + 21.747)/ 2 )
=-6.788/22.1525
=-30.64 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Kraken Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.788/( ( (22.239 + max(0.275, 0)) + (21.747 + max(-0.298, 0)) )/ 2 )
=-6.788/( ( 22.514 + 21.747 )/ 2 )
=-6.788/22.1305
=-30.67 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.501) - (0.226 + 0 + 0)
=0.275

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.608) - (0.906 + 0 + 0)
=-0.298

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-6.704/4.766
=-140.66 %

* 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.


Kraken Energy EBIT Related Terms

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Kraken Energy (XCNQ:UUSA) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 907, Vancouver, BC, CAN, V6E 2Y3
Kraken Energy Corp is a resource exploration company acquiring and exploring mineral properties. The company project portfolio includes Harts Point, Garfield Hills, Apex Uranium Mine, and Huber Hills. Its geographical segment comprises Canada and the USA.
Executives
Garrett Paul Ainsworth Director

Kraken Energy (XCNQ:UUSA) Headlines

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