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American Noble Gas (American Noble Gas) EBIT : $-2.37 Mil (TTM As of Sep. 2023)


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What is American Noble Gas EBIT?

American Noble Gas's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.37 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. American Noble Gas's annualized ROC % for the quarter that ended in Sep. 2023 was -33.70%. American Noble Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -900.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. American Noble Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -126.67%.


American Noble Gas EBIT Historical Data

The historical data trend for American Noble Gas'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.

American Noble Gas EBIT Chart

American Noble Gas 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 -0.32 1.94 5.84 -1.50 -3.03

American Noble Gas Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.12 -2.04 0.14 -0.24 -0.23

Competitive Comparison of American Noble Gas's EBIT

For the Oil & Gas E&P subindustry, American Noble Gas'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.


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

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

* The bar in red indicates where American Noble Gas's EV-to-EBIT falls into.



American Noble Gas 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.37 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.


American Noble Gas  (OTCPK:AMNI) EBIT Explanation

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

American Noble Gas's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-0.884 * ( 1 - 0% )/( (2.689 + 2.557)/ 2 )
=-0.884/2.623
=-33.70 %

where

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

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

American Noble Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.936/( ( (0.082 + max(-3.035, 0)) + (0.126 + max(-2.92, 0)) )/ 2 )
=-0.936/( ( 0.082 + 0.126 )/ 2 )
=-0.936/0.104
=-900.00 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.024 + 0 + 0.02) - (2.869 + 0 + 0.21)
=-3.035

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.035 + 0 + 0.017) - (2.815 + 0 + 0.157)
=-2.92

When net working capital is negative, 0 is used.

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

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

American Noble Gas's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-2.37/1.871
=-126.67 %

* 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.


American Noble Gas EBIT Related Terms

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American Noble Gas (American Noble Gas) Business Description

Traded in Other Exchanges
N/A
Address
15612 College Boulevard, Lenexa, KS, USA, 66219
American Noble Gas Inc is active in the energy sector. It has conducted an environmental study and developed geological information from the reprocessing and additional evaluation of existing three-dimensional (3-D) seismic data in the Perlas and Tyra concession blocks.
Executives
Thomas J Heckman 10 percent owner, officer: CEO & CFO 15612 COLLEGE BLVD., LENEXA KS 66219
John A Loeffelbein officer: Chief Operating Officer 11900 COLLEGE BLVD., SUITE 310, OVERLAND PARK, KANSAS KS 66210
Amegy Bank National Association /gfn 10 percent owner
Daniel F Hutchins director, officer: CFO & Secretary 11900 COLLEGE BOULEVARD, SUITE 310, OVERLAND PARK KS 66210
Renato Bertani officer: Chief Operating Officer 633 SEVENTEENTH STREET, SUITE 1800, DENVER CO 80202
Infinity Inc director, officer: President and CEO 15612 COLLEGE BLVD., LENEXA KS 66219
Timothy A Ficker officer: VP and Chief Financial Officer 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Elliot M Kaplan director 9705 LOIRET BLVD., LENEXA KS 66219
Orrie Lee Tawes director CIBC OPPENHEIMER WORLD FINANCIAL CENTER, NEW YORK NY 110281
Leroy C Richie director 15612 COLLEGE BLVD., LENEXA KS 66219
Stanton E Ross director, officer: President and Treasurer 15612 COLLEGE BLVD., LENEXA KS 66219
Jon D Klugh officer: CFO and Secretary 211 WEST 14TH STREET, CHANUTE KS 67202
James A Tuell officer: Pres-Infinity Oil & Gas of Wyo 1700 LINCOLN ST., SUITE 2800, DENVER CO 80203
Stephen D Stanfield officer: Pres-Consol. Oil Well Services 950 SEVENTEENTH ST STE 800, DENVER CO 80202
James W Dean officer: VP - Strategic and Corp. Dev. 950 SEVENTEENTH ST STE 800, DENVER CO 80202

American Noble Gas (American Noble Gas) Headlines

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