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Total Energy Services (Total Energy Services) EBIT : $61.1 Mil (TTM As of Mar. 2024)


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What is Total Energy Services EBIT?

Total Energy Services's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $16.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $61.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Total Energy Services's annualized ROC % for the quarter that ended in Mar. 2024 was 9.03%. Total Energy Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Total Energy Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.04%.


Total Energy Services EBIT Historical Data

The historical data trend for Total Energy Services'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.

Total Energy Services EBIT Chart

Total Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.73 -25.23 2.27 38.53 65.70

Total Energy Services 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.84 7.46 18.35 18.55 16.72

Competitive Comparison of Total Energy Services's EBIT

For the Oil & Gas Equipment & Services subindustry, Total Energy Services'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.


Total Energy Services's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Total Energy Services's EV-to-EBIT falls into.



Total Energy Services 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 $61.1 Mil.

* 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.


Total Energy Services  (OTCPK:TOTZF) EBIT Explanation

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

Total Energy Services'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 )
=65.1 * ( 1 - 25.63% )/( (509.808 + 562.561)/ 2 )
=48.41487/536.1845
=9.03 %

where

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))
=695.693 - 99.859 - ( 33.273 - max(0, 142.402 - 234.304+33.273))
=562.561

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

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

Total Energy Services'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 )
=66.86/( ( (415.289 + max(36.335, 0)) + (456.567 + max(64.905, 0)) )/ 2 )
=66.86/( ( 451.624 + 521.472 )/ 2 )
=66.86/486.548
=13.74 %

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)
=(76.712 + 73.181 + 12.473) - (96.723 + 29.309 + -0.0010000000000048)
=36.335

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(107.983 + 83.426 + 9.622) - (99.859 + 34.266 + 2.001)
=64.905

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:

Total Energy Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=61.074/358.370
=17.04 %

* 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.


Total Energy Services EBIT Related Terms

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Total Energy Services (Total Energy Services) Business Description

Traded in Other Exchanges
Address
734 - 7th Avenue S.W., Suite 1000, Calgary, AB, CAN, T2P 3P8
Total Energy Services Inc is an energy services company. The operating segments of the company are Contract Drilling Services, Rentals & Transportation Services, Compression & Process Service, Well servicing, and Corporate. The majority of revenue is from the Compression & Process Service segment, which includes the Company fabricates a full range of natural gas compression equipment as well as oil, natural gas and other process equipment The company's operations are conducted in Canada, the United States of America, and Australia, out of which the majority are from Canada.

Total Energy Services (Total Energy Services) Headlines