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Enservco (Enservco) EBIT : $-4.70 Mil (TTM As of Mar. 2024)


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What is Enservco EBIT?

Enservco's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $1.32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Enservco's annualized ROC % for the quarter that ended in Mar. 2024 was 34.78%. Enservco's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 59.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Enservco's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -30.48%.


Enservco EBIT Historical Data

The historical data trend for Enservco'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.

Enservco EBIT Chart

Enservco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.48 -0.70 -7.71 -4.19 -6.45

Enservco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.43 -2.04 -2.54 -1.44 1.32

Competitive Comparison of Enservco's EBIT

For the Oil & Gas Equipment & Services subindustry, Enservco'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.


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

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

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



Enservco 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.70 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.


Enservco  (AMEX:ENSV) EBIT Explanation

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

Enservco's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=5.048 * ( 1 - 0% )/( (13.893 + 15.137)/ 2 )
=5.048/14.515
=34.78 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Enservco's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5.272/( ( (7.823 + max(0.963, 0)) + (7 + max(2.033, 0)) )/ 2 )
=5.272/( ( 8.786 + 9.033 )/ 2 )
=5.272/8.9095
=59.17 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.19 + 0.209 + 1.047) - (4.285 + 0 + 0.198)
=0.963

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.248 + 0.219 + 0.87) - (3.104 + 0 + 0.2)
=2.033

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-4.699/15.417
=-30.48 %

* 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.


Enservco EBIT Related Terms

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Enservco (Enservco) Business Description

Traded in Other Exchanges
Address
14133 County Road 9 1/2, Longmont, CO, USA, 80504
Enservco Corp operates in the oil and gas industry. It offers well enhancement and fluid management services to the domestic onshore oil and natural gas industry. The services include frac water heating, hot oiling, pressure testing, acidizing, bacteria and scale treatment, freshwater and saltwater hauling, fluid disposal, frac tank rental, well site construction, and other general oil field services. The company's reportable business segments are Production Services and Completion and Other Services. It operates in geographically diverse regions of the United States.
Executives
Steve A Weyel director 1021 MAIN, SUITE 2626, HOUSTON TX 77002
Kevin Chesser director 14133 COUNTY ROAD 9 1/2, LONGMONT CO 80504
Mark Patterson officer: Chief Financial Officer 14133 COUNTY ROAD 9 1/2, LONGMONT CO 80504
Donovan Kelly officer: Principal Accounting Officer 14133 COUNTY ROAD 9 1/2, LONGMONT CO 80504
Marjorie Anne Hargrave officer: Chief Financial Officer 999 18TH STREET, SUITE 1925N, DENVER CO 80202
Ian Dickinson director, officer: President and CEO 501 SOUTH CHERRY STREET, SUITE 1000, DENVER CO 80246
William A Jolly director 163 PINEWOOD TRAIL, TRUMBULL CT 06611
Kevin Kersting officer: Chief Operating Officer 501 SOUTH CHERRY STREET, SUITE 1000, DENVER CO 80246
Dustin Riley Bradford officer: Chief Accounting Officer 1837 S WASHINGTON ST, DENVER CO 80210
Cross River Capital Management Llc 10 percent owner 31 BAILEY AVENUE, UNIT D, RIDGEFIELD CT 06877
Tucker L Franciscus officer: Chief Financial Officer C/O PYR ENERGY CORP, 1675 BROADWAY - SUITE 2450, DENVER CO 80202
Austin Peitz officer: V-P Field Operations 501 S. CHERRY STREET, SUITE 320, DENVER CO 80246
Christopher D. Haymons director 210 UNIVERSITY BOULEVARD, SUITE 650, DENVER CO 80206
Rick D Kasch officer: President & CFO 830 TENDERFOOT HILL ROAD, P.O. BOX 60460, COLORADO SPRINGS CO 80960
Steven P Oppenheim director

Enservco (Enservco) Headlines

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