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Ascent Resources (LSE:AST) EV-to-EBIT : -0.12 (As of May. 27, 2024)


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What is Ascent Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ascent Resources's Enterprise Value is £4.79 Mil. Ascent Resources's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was £-41.02 Mil. Therefore, Ascent Resources's EV-to-EBIT for today is -0.12.

The historical rank and industry rank for Ascent Resources's EV-to-EBIT or its related term are showing as below:

LSE:AST' s EV-to-EBIT Range Over the Past 10 Years
Min: -15.11   Med: -2.56   Max: -0.06
Current: -0.12

During the past 13 years, the highest EV-to-EBIT of Ascent Resources was -0.06. The lowest was -15.11. And the median was -2.56.

LSE:AST's EV-to-EBIT is ranked worse than
100% of 738 companies
in the Oil & Gas industry
Industry Median: 9.07 vs LSE:AST: -0.12

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ascent Resources's Enterprise Value for the quarter that ended in Jun. 2023 was £5.87 Mil. Ascent Resources's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was £-41.02 Mil. Ascent Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -698.97%.


Ascent Resources EV-to-EBIT Historical Data

The historical data trend for Ascent Resources's EV-to-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.

Ascent Resources EV-to-EBIT Chart

Ascent Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.82 -0.92 -2.15 -2.31 -0.14

Ascent Resources Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
EV-to-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 - -2.31 - -0.14 -

Competitive Comparison of Ascent Resources's EV-to-EBIT

For the Oil & Gas E&P subindustry, Ascent Resources'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.


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

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

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



Ascent Resources EV-to-EBIT Calculation

Ascent Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4.793/-41.02
=-0.12

Ascent Resources's current Enterprise Value is £4.79 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ascent Resources's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was £-41.02 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.


Ascent Resources  (LSE:AST) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Ascent Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=-41.02/5.8686585
=-698.97 %

Ascent Resources's Enterprise Value for the quarter that ended in Jun. 2023 was £5.87 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ascent Resources's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was £-41.02 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.


Ascent Resources EV-to-EBIT Related Terms

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


Ascent Resources (LSE:AST) Business Description

Traded in Other Exchanges
Address
5 New Street Square, London, GBR, EC4A 3TW
Ascent Resources PLC is an independent oil and gas exploration and production company. The company's portfolio consists of predominantly European onshore projects and operates the Petisovci tight gas project in Slovenia. It operates in two principal geographical areas: Slovenia and the United Kingdom. The company derives a majority of its revenue from the United Kingdom.