Europa Oil & Gas (Holdings) (LSE:EOG) EBIT : £-0.28 Mil (TTM As of Jan. 2024)

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What is Europa Oil & Gas (Holdings) EBIT?

Europa Oil & Gas (Holdings)'s earnings before interest and taxes (EBIT) for the six months ended in Jan. 2024 was £-0.80 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was £-0.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Europa Oil & Gas (Holdings)'s annualized ROC % for the quarter that ended in Jan. 2024 was -19.08%. Europa Oil & Gas (Holdings)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -66.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Europa Oil & Gas (Holdings)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -4.60%.

Europa Oil & Gas (Holdings) EBIT Historical Data

The historical data trend for Europa Oil & Gas (Holdings)'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.

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Europa Oil & Gas (Holdings) EBIT Chart

Europa Oil & Gas (Holdings) Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

EBIT

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-0.47

-5.19

-0.62

1.62

-0.47

Europa Oil & Gas (Holdings) Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
EBIT	Get a 7-Day Free Trial															0.86	0.76	-0.99	0.52	-0.80

Competitive Comparison of Europa Oil & Gas (Holdings)'s EBIT

For the Oil & Gas E&P subindustry, Europa Oil & Gas (Holdings)'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.

Europa Oil & Gas (Holdings)'s EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Europa Oil & Gas (Holdings)'s EV-to-EBIT falls into.

Europa Oil & Gas (Holdings) 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.28 Mil.

Europa Oil & Gas (Holdings) (LSE:EOG) EBIT Explanation

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

Europa Oil & Gas (Holdings)'s annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

	ROC % (Q: Jan. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jul. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	-2.098 * ( 1 - 0% )	/	( (9.704	+	12.284)	/ 2 )
=	-2.098	/	10.994
=	-19.08 %

where

	Invested Capital		(Q: Jul. 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	))
=	15.64	-	0.771	-	( 5.165	-	max(0, 0.781	-	6.077	+	5.165	))
=	9.704

	Invested Capital		(Q: Jan. 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	))
=	17.104	-	3.021	-	( 2.709	-	max(0, 3.03	-	4.829	+	2.709	))
=	12.284

Note: The Operating Income data used here is two times the semi-annual (Jan. 2024) data.

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

Europa Oil & Gas (Holdings)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jul. 2023		Q: Jan. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.608	/	( ( (2.417 + max(0.038, 0))	+	(2.374 + max(-0.901, 0)) )	/	2 )
=	-1.608	/	( ( 2.455	+	2.374 )	/	2 )
=	-1.608	/	2.4145
=	-66.60 %

where Working Capital is:

	Working Capital		(Q: Jul. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.556	+	0.019	+	0.234)	-	(0.771	+	0	+	0)
=	0.038

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.989	+	0.01	+	1.121)	-	(3.021	+	0	+	0)
=	-0.901

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jan. 2024) EBIT data.

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

Europa Oil & Gas (Holdings)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	-0.284	/	6.178
	=	-4.60 %

Europa Oil & Gas (Holdings) EBIT Related Terms

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Europa Oil & Gas (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Europa Oil & Gas (Holdings) PLC (LSE:EOG) » Definitions » EBIT

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Traded in Other Exchanges

EGN:Germany

Address

30 Newman Street, London, GBR, W1T 1PT

Website

https://www.europaoil.com

Europa Oil & Gas (Holdings) PLC is an oil and gas exploration, development, and production company. It has four reportable segments: The United Kingdom, Ireland, Morocco, and New Ventures. The company has a diverse portfolio of onshore and offshore oil and gas assets at various stages of the development cycle including exploration and production.