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California Resources (FRA:1CLD) EV-to-EBIT : 8.50 (As of Jun. 09, 2024)


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What is California Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, California Resources's Enterprise Value is €3,185 Mil. California Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €375 Mil. Therefore, California Resources's EV-to-EBIT for today is 8.50.

The historical rank and industry rank for California Resources's EV-to-EBIT or its related term are showing as below:

FRA:1CLD' s EV-to-EBIT Range Over the Past 10 Years
Min: -86.68   Med: 3.54   Max: 23.25
Current: 8.5

During the past 13 years, the highest EV-to-EBIT of California Resources was 23.25. The lowest was -86.68. And the median was 3.54.

FRA:1CLD's EV-to-EBIT is ranked better than
53.66% of 738 companies
in the Oil & Gas industry
Industry Median: 9.01 vs FRA:1CLD: 8.50

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. California Resources's Enterprise Value for the quarter that ended in Mar. 2024 was €3,657 Mil. California Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €375 Mil. California Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.25%.


California Resources EV-to-EBIT Historical Data

The historical data trend for California Resources's EV-to-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.

California Resources EV-to-EBIT Chart

California Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 13.14 4.28 4.81

California Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-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 2.08 2.65 6.14 4.81 9.78

Competitive Comparison of California Resources's EV-to-EBIT

For the Oil & Gas E&P subindustry, California Resources'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.


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

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

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



California Resources EV-to-EBIT Calculation

California Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3185.059/374.712
=8.50

California Resources's current Enterprise Value is €3,185 Mil.
California Resources's 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 €375 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.


California Resources  (FRA:1CLD) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

California Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=374.712/3656.76035
=10.25 %

California Resources's Enterprise Value for the quarter that ended in Mar. 2024 was €3,657 Mil.
California Resources's 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 €375 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.


California Resources EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of California Resources's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


California Resources (FRA:1CLD) Business Description

Traded in Other Exchanges
Address
1 World Trade Center, Suite 1500, Long Beach, CA, USA, 90831
California Resources Corp is an independent oil and natural gas exploration and production company operating properties exclusively within California. It provides affordable and reliable energy in a safe and responsible manner, to support and enhance the quality of life of Californians and the local communities in which the company operates. It has some of the lowest carbon intensity production in the United States and is focused on maximizing the value of its land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. CRC has a large portfolio of lower-risk conventional opportunities in the following California oil and gas basins: San Joaquin, Los Angeles, Ventura, and Sacramento.

California Resources (FRA:1CLD) Headlines

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