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GCEI (Global Clean Energy) EBITDA : $-0.15 Mil (TTM As of Dec. 2009)


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What is Global Clean Energy EBITDA?

Global Clean Energy's EBITDA for the six months ended in Dec. 2009 was $-0.15 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Dec. 2009 was $-0.15 Mil.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

Global Clean Energy's EBITDA per Share for the twelve months ended in Dec. 2009 was $-0.01. Its EBITDA per share for the trailing twelve months (TTM) ended in Dec. 2009 was $-0.01.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.


Global Clean Energy EBITDA Historical Data

The historical data trend for Global Clean Energy's EBITDA 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.

Global Clean Energy EBITDA Chart

Global Clean Energy Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
EBITDA
Get a 7-Day Free Trial -0.01 -0.39 -0.83 -0.49 -0.15

Global Clean Energy Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
EBITDA Get a 7-Day Free Trial -0.01 -0.39 -0.83 -0.49 -0.15

Competitive Comparison of Global Clean Energy's EBITDA

For the Waste Management subindustry, Global Clean Energy's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Global Clean Energy's EV-to-EBITDA Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Global Clean Energy's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Global Clean Energy's EV-to-EBITDA falls into.


Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Global Clean Energy's EBITDA for the fiscal year that ended in Dec. 2009 is calculated as

Global Clean Energy's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Dec. 2009, Global Clean Energy's EBITDA was $-0.15 Mil.

Global Clean Energy's EBITDA for the quarter that ended in Dec. 2009 is calculated as

Global Clean Energy's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Dec. 2009, Global Clean Energy's EBITDA was $-0.15 Mil.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBITDA for the trailing twelve months (TTM) ended in Dec. 2009 was $-0.15 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.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Global Clean Energy  (OTCPK:GCEI) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Global Clean Energy EBITDA Related Terms

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Global Clean Energy Business Description

Traded in Other Exchanges
N/A
Address
6040 Upshaw Drive, Suite 105, Humble, TX, USA, 77396
Global Clean Energy Inc is a waste-to-energy alternative fuels company in Texas. The primary business of the group is developing and marketing proprietary technology in waste-to-energy management and feedstock conversion. The company is planning to develop products with algae as the key ingredient. It plans to sell fertilizer and feed for livestock.
Executives
Paul L Whitton director, officer: President 2005 10TH STREET, SUITE A, BOULDER CO 80302
Michael Kron director C/O NEWSEARCH, INC., 2005 - 10TH STREET, SUITE A, BOULDER CO 80302
Travis K Robinson director, officer: President 2005 - 10TH STREET, SUITE A, BOULDER CO 80302
Vision Capital Partners Aa Ltd 10 percent owner 4150 ST CATHERINE ST O, SUITE 525, MONTREAL A8 H3Z2Y5
Earl Azimov director 5737 BLOSSOM, COTE ST LUC A8 H4W2T2
John Grob director, officer: CEO and President AMHERST HOUSE, STOWLANGTOFT, BURY ST EDMUNDS X0 1P313JY
Kenneth S Adessky director, 10 percent owner, officer: CFO and Secretary 4150 ST CATHERINE STREET O, SUITE 525, MONTREAL A8 H3Z2Y5