Reservoir Capital (Reservoir Capital) EBIT : $0.49 Mil (TTM As of Sep. 2021)

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

What is Reservoir Capital EBIT?

Reservoir Capital's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2021 was $-0.28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2021 was $0.49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Reservoir Capital's annualized ROC % for the quarter that ended in Sep. 2021 was -4.35%. Reservoir Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -89.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Reservoir Capital EBIT Historical Data

The historical data trend for Reservoir Capital'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.

Reservoir Capital EBIT Chart

Reservoir Capital Annual Data

Trend

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Dec19

Dec20

EBIT

Get a 7-Day Free Trial

0.01

-0.19

-0.39

0.64

2.09

Reservoir Capital Quarterly Data
	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
EBIT	Get a 7-Day Free Trial															0.30	1.04	-0.07	-0.20	-0.28

Competitive Comparison of Reservoir Capital's EBIT

For the Asset Management subindustry, Reservoir Capital'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.

Reservoir Capital's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Reservoir Capital's EV-to-EBIT distribution charts can be found below:

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

Reservoir Capital 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.49 Mil.

Reservoir Capital (OTCPK:RSERF) EBIT Explanation

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

Reservoir Capital's annualized ROC % for the quarter that ended in Sep. 2021 is calculated as:

	ROC % (Q: Sep. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2021 )	+	Invested Capital (Q: Sep. 2021 ))	/ count )
=	-0.996 * ( 1 - 0% )	/	( (23.126	+	22.678)	/ 2 )
=	-0.996	/	22.902
=	-4.35 %

where

	Invested Capital		(Q: Jun. 2021 )
=	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	))
=	24.349	-	0.921	-	( 0.302	-	max(0, 0.921	-	2.508	+	0.302	))
=	23.126

	Invested Capital		(Q: Sep. 2021 )
=	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	))
=	23.656	-	0.93	-	( 0.048	-	max(0, 0.93	-	2.152	+	0.048	))
=	22.678

Note: The Operating Income data used here is four times the quarterly (Sep. 2021) data.

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

Reservoir Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2021		Q: Sep. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.1	/	( ( (0.005 + max(1.281, 0))	+	(0.005 + max(1.164, 0)) )	/	2 )
=	-1.1	/	( ( 1.286	+	1.169 )	/	2 )
=	-1.1	/	1.2275
=	-89.61 %

where Working Capital is:

	Working Capital		(Q: Jun. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.485	+	0	+	0.717)	-	(0.921	+	0	+	0)
=	1.281

	Working Capital		(Q: Sep. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.317	+	0	+	0.777)	-	(0.93	+	0	+	0)
=	1.164

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

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

Reservoir Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2021 )
	=	0.493	/	0.000
	=	%

Reservoir Capital EBIT Related Terms

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

Reservoir Capital (Reservoir Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Reservoir Capital Corp (OTCPK:RSERF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5

Website

https://www.reservoircapitalcorp.com

Reservoir Capital Corp is a clean power investment vehicle concentrating on operational power projects located in emerging markets. The company's investment policy is to take carefully selected minority economic interests in key geographies, target regular dividend income over long periods, and offer capital gains in medium term. The company's acquisition plan is to approach owners of privately-held quality clean energy assets and to offer their investors diversification, liquidity, and exposure to growing balanced portfolio of assets following a disciplined investment policy.

Reservoir Capital (Reservoir Capital) Headlines

No Headlines