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GuruFocus has detected 3 Warning Signs with Halliburton Co $HAL.
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Halliburton Co (NYSE:HAL)
EV-to-EBIT
-12.45 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Halliburton Co's enterprise value is $44,857 Mil. Halliburton Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $-3,603 Mil. Therefore, Halliburton Co's EV/EBIT ratio for today is -12.45.

HAL' s EV-to-EBIT Range Over the Past 10 Years
Min: -79.8   Max: 48.2
Current: -12.45

-79.8
48.2

During the past 13 years, the highest EV/EBIT Ratio of Halliburton Co was 48.20. The lowest was -79.80. And the median was 10.00.

HAL's EV-to-EBIT is ranked lower than
99.99% of the 105 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 13.63 vs. HAL: -12.45 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Halliburton Co's enterprise value for the quarter that ended in Mar. 2017 was $51,505 Mil. Halliburton Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $-3,603 Mil. Halliburton Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 was -7.00%.


Definition

Halliburton Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=44856.530/-3603
=-12.45

Halliburton Co's current Enterprise Value is $44,857 Mil.
Halliburton Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was -3901 (Jun. 2016 ) + 107 (Sep. 2016 ) + -17 (Dec. 2016 ) + 208 (Mar. 2017 ) = $-3,603 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

This is a more accurate valuation of companies' operation because it consider 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).

Halliburton Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2017 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2017 )
=-3603/51505.07
=-7.00 %

Halliburton Co's Enterprise Value for the quarter that ended in Mar. 2017 was $51,505 Mil.
Halliburton Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was -3901 (Jun. 2016 ) + 107 (Sep. 2016 ) + -17 (Dec. 2016 ) + 208 (Mar. 2017 ) = $-3,603 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Halliburton Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebit 9.414.4214.3813.147.198.3615.667.62-72.81-7.98

Halliburton Co Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebit 7.6212.6317.0443.73-72.81-12.95-7.02-6.97-7.98-14.30
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