MV Oil Trust (MV Oil Trust) EBIT : $17.42 Mil (TTM As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is MV Oil Trust EBIT?

MV Oil Trust's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $5.35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $17.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MV Oil Trust's annualized ROC % for the quarter that ended in Mar. 2024 was 536.75%. MV Oil Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 536.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MV Oil Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.50%.

MV Oil Trust EBIT Historical Data

The historical data trend for MV Oil Trust'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.

MV Oil Trust EBIT Chart

MV Oil Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

12.08

5.64

11.33

25.53

16.79

MV Oil Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															4.72	3.97	3.74	4.37	5.35

Competitive Comparison of MV Oil Trust's EBIT

For the Oil & Gas E&P subindustry, MV Oil Trust'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.

MV Oil Trust's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where MV Oil Trust's EV-to-EBIT falls into.

MV Oil Trust 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.42 Mil.

MV Oil Trust (NYSE:MVO) EBIT Explanation

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

MV Oil Trust's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	21.392 * ( 1 - 0% )	/	( (4.192	+	3.779)	/ 2 )
=	21.392	/	3.9855
=	536.75 %

where

	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	))
=	5.456	-	0	-	( 1.264	-	max(0, 0	-	1.264	+	1.264	))
=	4.192

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	4.94	-	0	-	( 1.161	-	max(0, 0	-	1.161	+	1.161	))
=	3.779

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

MV Oil Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	21.392	/	( ( (4.192 + max(0, 0))	+	(3.779 + max(0, 0)) )	/	2 )
=	21.392	/	( ( 4.192	+	3.779 )	/	2 )
=	21.392	/	3.9855
=	536.75 %

where Working Capital is:

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

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

MV Oil Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	17.424	/	99.579
	=	17.50 %

MV Oil Trust EBIT Related Terms

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

MV Oil Trust (MV Oil Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MV Oil Trust (NYSE:MVO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Travis Street, Floor 16, Houston, TX, USA, 77002

Website

MV Oil Trust is a statutory trust. Its underlying properties consist of MV Partners, LLC's (MV Partners) net interests in all of its oil and natural gas properties, which are located in the Mid-Continent region in the States of Kansas and Colorado. These oil and gas properties include producing oil and gas wells.

Executives

Vap I Llc	10 percent owner	1700 WATERFRONT PARKWAY, BUILDING 500, WICHITA KS 67206
Mv Energy Llc	10 percent owner	250 N. WATER, SUITE 300, WICHITA KS 67202
Mv Partners Llc	10 percent owner	250 N. WATER, SUITE 300, WICHITA KS 67202