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Pulse Oil (TSXV:PUL) EBIT : C$-1.48 Mil (TTM As of Mar. 2024)


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What is Pulse Oil EBIT?

Pulse Oil's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$0.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-1.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pulse Oil's annualized ROC % for the quarter that ended in Mar. 2024 was 2.53%. Pulse Oil's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pulse Oil's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -9.53%.

Pulse Oil EBIT Historical Data

The historical data trend for Pulse Oil'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.

Pulse Oil EBIT Chart

Pulse Oil 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 -3.10 -3.17 1.03 1.39 -1.68

Pulse Oil 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 0.04 -0.09 0.01 -1.62 0.23

Competitive Comparison of Pulse Oil's EBIT

For the Oil & Gas E&P subindustry, Pulse Oil'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.

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

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

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


Pulse Oil 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 C$-1.48 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.

Pulse Oil  (TSXV:PUL) EBIT Explanation

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

Pulse Oil'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 )
=0.744 * ( 1 - 0% )/( (27.331 + 31.457)/ 2 )
=0.744/29.394
=2.53 %

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))
=28.717 - 1.678 - ( 0.228 - max(0, 1.893 - 1.601+0.228))
=27.331

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))
=34.285 - 3.172 - ( 0.963 - max(0, 3.172 - 2.828+0.963))
=31.457

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

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

Pulse Oil'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 )
=0.908/( ( (27.116 + max(-0.497, 0)) + (31.457 + max(-1.611, 0)) )/ 2 )
=0.908/( ( 27.116 + 31.457 )/ 2 )
=0.908/29.2865
=3.10 %

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)
=(0.236 + 0 + 1.04) - (1.678 + 0 + 0.095)
=-0.497

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.434 + 0 + 1.127) - (3.172 + 0 + 0)
=-1.611

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-1.475/15.479
=-9.53 %

* 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.

Pulse Oil EBIT Related Terms

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Pulse Oil (TSXV:PUL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pulse Oil Corp (TSXV:PUL) » Definitions » EBIT
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Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Website
https://www.pulseoilcorp.com
Pulse Oil Corp is an oil and gas producer and explorer. The company is primarily focused on a 100% Working Interest Enhanced Oil Project Located in West Central Alberta. The project includes two established Nisku pinnacle reef reservoirs that produce sweet light crude oil.
Executives
Drew Cadenhead Director, Senior Officer

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