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AMEN Properties (AMEN Properties) EBIT : $1.43 Mil (TTM As of Mar. 2023)


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What is AMEN Properties EBIT?

AMEN Properties's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was $0.18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was $1.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AMEN Properties's annualized ROC % for the quarter that ended in Mar. 2023 was 31.34%. AMEN Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 44.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AMEN Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 6.44%.


AMEN Properties EBIT Historical Data

The historical data trend for AMEN Properties'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.

AMEN Properties EBIT Chart

AMEN Properties Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -1.70 -0.70 0.55 1.64

AMEN Properties Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.39 0.42 0.53 0.31 0.18

Competitive Comparison of AMEN Properties's EBIT

For the Oil & Gas E&P subindustry, AMEN Properties'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.


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

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

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



AMEN Properties 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.43 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.


AMEN Properties  (OTCPK:AMEN) EBIT Explanation

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

AMEN Properties's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=0.708 * ( 1 - 1.74% )/( (2.037 + 2.403)/ 2 )
=0.6956808/2.22
=31.34 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2023) data.

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

AMEN Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.708/( ( (1.382 + max(-0.039, 0)) + (1.818 + max(-0.031000000000001, 0)) )/ 2 )
=0.708/( ( 1.382 + 1.818 )/ 2 )
=0.708/1.6
=44.25 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.388 + 0 + 0.107) - (0.534 + 0 + 0)
=-0.039

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.265 + 0 + 0.097999999999999) - (0.394 + 0 + 0)
=-0.031000000000001

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2023) EBIT data.

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

AMEN Properties's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=1.427/22.146
=6.44 %

* 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.


AMEN Properties EBIT Related Terms

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AMEN Properties (AMEN Properties) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 835451, Richardson, TX, USA, 75080
AMEN Properties Inc acquires investments in commercial real estate, natural gas properties, and other energy-related business properties. It derives revenue from oil and gas.
Executives
Jon M Morgan officer: Chief Executive Officer 303 W WALL, SUITE 1700, MIDLAND TX 79701
Blake Donald M Jr director 298 5TH AVENUE, NEW YORK NY 10001
Randy G Nicholson director 1202 ESTATES DRIVE SUITE D, ABILENE TX 79602
Earl Gjelde director 790 ROSE ACRES COURT, LOVELAND CO 80537
Eric L Oliver director 303 W WALL, SUITE 1700, MIDLAND TX 79701
Bruce E Edgington director 303 W WALL, SUITE 2300, MIDLAND TX 79701
Jesse T Correll director
John Bick officer: Managing Principal 1409 CROWLEY ROAD, ARLINGTON TX 76012
Kris Lawson Oliver officer: Chief Financial Officer 303 W. WALL STREET, SUITE 1700, MIDLAND TX 79701
Kevin Yung officer: Chief Operating Officer 303 W. WALL STREET, SUITE 2300, MIDLAND TX 79701
Padraig Ennis officer: Vice President 2821 MARMON, MIDLAND TX 79705
John M James officer: Chief Financial Officer 4485 HACKBERRY, MIDLAND TX 79707
Eric Boyt other: Former Chief Financial Officer

AMEN Properties (AMEN Properties) Headlines

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