Tamboran Resources (ASX:TBN) EBIT : A$-42.94 Mil (TTM As of Dec. 2022)

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What is Tamboran Resources EBIT?

Tamboran Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was A$-14.90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was A$-42.94 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tamboran Resources's annualized ROC % for the quarter that ended in Dec. 2022 was -18.65%. Tamboran Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -19.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tamboran Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -11.57%.

Tamboran Resources EBIT Historical Data

The historical data trend for Tamboran Resources'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.

Tamboran Resources EBIT Chart

Tamboran Resources Annual Data

Trend

Jun22

Jun23

EBIT

-11.34

-42.94

Tamboran Resources Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
EBIT	-	-4.81	-6.53	-14.90	-28.04

Competitive Comparison of Tamboran Resources's EBIT

For the Oil & Gas E&P subindustry, Tamboran 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.

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

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

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

Tamboran Resources 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 Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-42.94 Mil.

Tamboran Resources (ASX:TBN) EBIT Explanation

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

Tamboran Resources's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	-29.804 * ( 1 - 0% )	/	( (104.133	+	215.41)	/ 2 )
=	-29.804	/	159.7715
=	-18.65 %

where

	Invested Capital		(Q: Jun. 2022 )
=	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	))
=	134.071	-	3.854	-	( 26.81	-	max(0, 4.609	-	30.693	+	26.81	))
=	104.133

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	298.343	-	21.165	-	( 61.768	-	max(0, 31.05	-	101.683	+	61.768	))
=	215.41

Note: The Operating Income data used here is two times the semi-annual (Dec. 2022) data.

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

Tamboran Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-29.804	/	( ( (102.352 + max(-3.231, 0))	+	(194.841 + max(9.272, 0)) )	/	2 )
=	-29.804	/	( ( 102.352	+	204.113 )	/	2 )
=	-29.804	/	153.2325
=	-19.45 %

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.987)	-	(3.854	+	0	+	0.364)
=	-3.231

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.103	+	0	+	35.812)	-	(21.165	+	0	+	9.478)
=	9.272

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

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

Tamboran Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	-42.944	/	371.234
	=	-11.57 %

Tamboran Resources EBIT Related Terms

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Tamboran Resources (ASX:TBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tamboran Resources Corp (ASX:TBN) » Definitions » EBIT

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TBNRF:USA

Address

110-112 The Corso, Manly, Sydney, NSW, AUS, 2095

Website

https://www.tamboran.com

Tamboran Resources Corp is a gas company focused on supporting the Net Zero CO2 energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Australian Northern Territory.

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