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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, California Resources's Enterprise Value is $3,444 Mil. California Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $408 Mil. Therefore, California Resources's EV-to-EBIT for today is 8.44.
The historical rank and industry rank for California Resources's EV-to-EBIT or its related term are showing as below:
During the past 13 years, the highest EV-to-EBIT of California Resources was 23.25. The lowest was -86.68. And the median was 3.54.
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. California Resources's Enterprise Value for the quarter that ended in Mar. 2024 was $3,989 Mil. California Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $408 Mil. California Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.23%.
The historical data trend for California 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.
California Resources Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
EV-to-EBIT | Get a 7-Day Free Trial | - | - | 13.14 | 4.28 | 4.81 |
California Resources Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
EV-to-EBIT | Get a 7-Day Free Trial | 2.08 | 2.65 | 6.14 | 4.81 | 9.78 |
For the Oil & Gas E&P subindustry, California 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.
For the Oil & Gas industry and Energy sector, California Resources's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where California Resources's EV-to-EBIT falls into.
California Resources's EV-to-EBIT for today is calculated as:
EV-to-EBIT | = | Enterprise Value (Today) | / | EBIT (TTM) |
= | 3444.225 | / | 408 | |
= | 8.44 |
California Resources's current Enterprise Value is $3,444 Mil.
California Resources's 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 $408 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.
California Resources (NYSE:CRC) 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) %.
California Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:
Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) | = | EBIT | / | Enterprise Value (Q: Mar. 2024 ) |
= | 408 | / | 3989.04157 | |
= | 10.23 % |
California Resources's Enterprise Value for the quarter that ended in Mar. 2024 was $3,989 Mil.
California Resources's 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 $408 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.
Thank you for viewing the detailed overview of California Resources's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Omar Hayat | officer: EVP - Operations | 1 WORLD TRADE CENTER, SUITE 1500, LONG BEACH CA 90831 |
Peralta Manuela Molina | officer: EVP and CFO | 1 WORLD TRADE CENTER, SUITE 1500, LONG BEACH CA 90831 |
William B Roby | director | 27200 TOURNEY ROAD, SUITE 200, SANTA CLARITA CA 91355 |
Goldentree Asset Management Lp | 10 percent owner | 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022 |
Ares Management Llc | 10 percent owner | 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
Alejandra Veltmann | director | 1500 CITYWEST BLVD., SUITE 800, HOUSTON TX 77042 |
Neeman Brady Nicole Elana | director | 113 S. LA BREA BLVD., 3RD FLOOR, LOS ANGELES CA 90036 |
Christopher D. Gould | officer: EVP & Chief Sustainability Off | 27200 TOURNEY ROAD, SUITE 200, SANTA CLARITA CA 91355 |
Ssf Iv Energy I Aiv 2, L.p. | 10 percent owner | 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067 |
Assf Operating Manager Iv, L.p. | 10 percent owner | 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
Af V Energy Iv Aiv 1a, L.p. | 10 percent owner | 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067 |
Af V Energy Iv Aiv 1b, L.p. | 10 percent owner | 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067 |
Af V Energy Iv Aiv 2, L.p. | 10 percent owner | 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067 |
Ssf Iv Energy I Aiv 1a, L.p. | 10 percent owner | 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067 |
Acof Investment Management Llc | 10 percent owner | 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
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