Global Petroleum (LSE:GBP) EBIT : £-0.25 Mil (TTM As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Global Petroleum EBIT?

Global Petroleum's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was £-0.25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was £-0.25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Global Petroleum's annualized ROC % for the quarter that ended in Dec. 2023 was -33.19%. Global Petroleum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -36.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Global Petroleum's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -32.72%.

Global Petroleum EBIT Historical Data

The historical data trend for Global Petroleum'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.

Global Petroleum EBIT Chart

Global Petroleum Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

EBIT

Get a 7-Day Free Trial

-1.53

-1.38

-1.23

-1.14

-1.19

Global Petroleum Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
EBIT	Get a 7-Day Free Trial															-0.63	-0.59	-0.56	-0.57	-0.25

Competitive Comparison of Global Petroleum's EBIT

For the Oil & Gas E&P subindustry, Global Petroleum'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.

Global Petroleum's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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

Global Petroleum 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 semi-annually data reported by the company within the most recent 12 months, which was £-0.25 Mil.

Global Petroleum (LSE:GBP) EBIT Explanation

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

Global Petroleum'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: Dec. 2022 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-0.496 * ( 1 - 0% )	/	( (1.468	+	1.521)	/ 2 )
=	-0.496	/	1.4945
=	-33.19 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	2.361	-	0.075	-	( 0.845	-	max(0, 0.264	-	1.082	+	0.845	))
=	1.468

	Invested Capital		(Q: Dec. 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	))
=	2.011	-	0.018	-	( 0.472	-	max(0, 0.018	-	0.495	+	0.472	))
=	1.521

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

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

Global Petroleum'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: Dec. 2022		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.496	/	( ( (1.279 + max(-0.027, 0))	+	(1.414 + max(0.005, 0)) )	/	2 )
=	-0.496	/	( ( 1.279	+	1.419 )	/	2 )
=	-0.496	/	1.349
=	-36.77 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.039	+	0	+	0.198)	-	(0.075	+	0	+	0.189)
=	-0.027

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.023	+	0	+	0)	-	(0.018	+	0	+	0)
=	0.005

When net working capital is negative, 0 is used.

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

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

Global Petroleum's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-0.248	/	0.758
	=	-32.72 %

Global Petroleum EBIT Related Terms

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

Global Petroleum (LSE:GBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Global Petroleum Ltd (LSE:GBP) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/- DW Accounting & Advisory Pty Ltd, 91 William Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.globalpetroleum.com.au

Global Petroleum Ltd is an Australia-based oil and gas, upstream exploration company. The principal activities of the company include exploration, development, and production of oil and gas properties. The company's principal assets are two exploration blocks located offshore Namibia. The company mainly focuses on Africa and the Mediterranean. It holds interests in petroleum exploration license number 29, covering offshore blocks 1910B and 2010A in the Walvis Basin, Namibia.

Global Petroleum (LSE:GBP) Headlines

No Headlines