Contango Holdings (Contango Holdings) EBIT : $-6.49 Mil (TTM As of Nov. 2023)

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What is Contango Holdings EBIT?

Contango Holdings's earnings before interest and taxes (EBIT) for the six months ended in Nov. 2023 was $-1.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2023 was $-6.49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Contango Holdings's annualized ROC % for the quarter that ended in Nov. 2023 was -9.21%. Contango Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -10.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Contango Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -59.32%.

Contango Holdings EBIT Historical Data

The historical data trend for Contango 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.

* Premium members only.

Contango Holdings EBIT Chart

Contango Holdings Annual Data

Trend

May17

May18

May19

May20

May21

May22

May23

EBIT

Get a 7-Day Free Trial

-0.41

-0.32

-4.66

-3.46

-6.98

Contango Holdings Semi-Annual Data
	May17	Nov17	May18	May19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
EBIT	Get a 7-Day Free Trial							-0.86	-2.67	-1.49	-5.39	-1.10

Competitive Comparison of Contango Holdings's EBIT

For the Thermal Coal subindustry, Contango 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.

Contango Holdings's EV-to-EBIT Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Contango Holdings's EV-to-EBIT distribution charts can be found below:

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

Contango 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-6.49 Mil.

Contango Holdings (GREY:COHLF) EBIT Explanation

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

Contango Holdings's annualized ROC % for the quarter that ended in Nov. 2023 is calculated as:

	ROC % (Q: Nov. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: May. 2023 )	+	Invested Capital (Q: Nov. 2023 ))	/ count )
=	-2.19 * ( 1 - 0% )	/	( (21.734	+	25.837)	/ 2 )
=	-2.19	/	23.7855
=	-9.21 %

where

	Invested Capital		(Q: May. 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	))
=	20.607	-	1.427	-	( 0.095	-	max(0, 2.92	-	0.366	+	0.095	))
=	21.734

	Invested Capital		(Q: Nov. 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	))
=	21.735	-	1.413	-	( 0.112	-	max(0, 5.856	-	0.341	+	0.112	))
=	25.837

Note: The Operating Income data used here is two times the semi-annual (Nov. 2023) data.

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

Contango Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Nov. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: May. 2023		Q: Nov. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.19	/	( ( (20.192 + max(-1.569, 0))	+	(21.345 + max(-1.595, 0)) )	/	2 )
=	-2.19	/	( ( 20.192	+	21.345 )	/	2 )
=	-2.19	/	20.7685
=	-10.54 %

where Working Capital is:

	Working Capital		(Q: May. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.038)	-	(1.427	+	0	+	0.18)
=	-1.569

	Working Capital		(Q: Nov. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.037)	-	(1.413	+	0	+	0.219)
=	-1.595

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Nov. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Nov. 2023 )
	=	-6.486	/	10.934
	=	-59.32 %

Contango Holdings EBIT Related Terms

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Contango Holdings (Contango Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Contango Holdings PLC (GREY:COHLF) » Definitions » EBIT

Traded in Other Exchanges

CGO:UK

Address

1 Charterhouse Mews, London, GBR, EC1M 6BB

Website

https://www.contango-holdings-plc.co.uk

Contango Holdings PLC is a natural resource development company. It is engaged in the mining business. Its two projects are the Lubu Coal Project in Zimbabwe and the development of the Garalo-Ntiela Gold Project in Mali.

Contango Holdings (Contango Holdings) Headlines

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