Geospace Technologies (Geospace Technologies) EBIT : $16.6 Mil (TTM As of Mar. 2024)

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What is Geospace Technologies EBIT?

Geospace Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-4.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $16.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Geospace Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was -15.80%. Geospace Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -22.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Geospace Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 20.28%.

Geospace Technologies EBIT Historical Data

The historical data trend for Geospace Technologies'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.

Geospace Technologies EBIT Chart

Geospace Technologies Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

EBIT

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2.37

-16.56

-13.48

-22.62

12.70

Geospace Technologies 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															4.70	3.47	4.57	12.84	-4.27

Competitive Comparison of Geospace Technologies's EBIT

For the Oil & Gas Equipment & Services subindustry, Geospace Technologies'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.

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

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

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

Geospace Technologies 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 $16.6 Mil.

Geospace Technologies (NAS:GEOS) EBIT Explanation

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

Geospace Technologies'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 )
=	-18.024 * ( 1 - -0.25% )	/	( (127.235	+	101.533)	/ 2 )
=	-18.06906	/	114.384
=	-15.80 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	167.383	-	6.19	-	( 33.958	-	max(0, 20.612	-	99.993	+	33.958	))
=	127.235

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	157.698	-	4.955	-	( 51.21	-	max(0, 15.075	-	92.083	+	51.21	))
=	101.533

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

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

Geospace Technologies'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 )
=	-17.088	/	( ( (39.978 + max(45.684, 0))	+	(40.219 + max(26.055, 0)) )	/	2 )
=	-17.088	/	( ( 85.662	+	66.274 )	/	2 )
=	-17.088	/	75.968
=	-22.49 %

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)
=	(41.969	+	21.839	+	2.227)	-	(6.19	+	0	+	14.161)
=	45.684

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(15.33	+	23.932	+	1.611)	-	(4.955	+	0	+	9.863)
=	26.055

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	16.599	/	81.862
	=	20.28 %

Geospace Technologies EBIT Related Terms

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Geospace Technologies (Geospace Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Geospace Technologies Corp (NAS:GEOS) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

7007 Pinemont Drive, Houston, TX, USA, 77040-6601

Website

https://www.geospace.com

Geospace Technologies Corp is engaged in designing and manufacturing of seismic instruments and non-seismic equipment used in the oil and gas industry. The company has three different segments: oil and gas markets, adjacent markets, and emerging markets. The oil and gas markets segment, which accounts for the majority of the company's revenue, includes traditional exploration products, wireless exploration products, and reservoir characterization products and services. The adjacent markets business is closely tied to the oil and gas markets and includes imaging products and industrial products. The company operates globally across Asia, Canada, Europe, South America and others with more than half of revenue generated within the United States.

Executives

Gary D Owens	director, officer: President & CEO	7007 PINEMONT DRIVE, HOUSTON TX 77040
Walter R. Wheeler	officer: Executive Vice President	7007 PINEMONT DRIVE, HOUSTON TX 77040
Robbin B. Adams	officer: Executive Vice President	7007 PINEMONT DRIVE, HOUSTON TX 77040
Margaret Ashworth	director	6212 PARKHILL DRIVE, ALEXANDRIA VA 22312
Kenneth Asbury	director	1100 N. GLEBE ROAD, ARLINGTON VA 22201
Tina M Langtry	director	3211 CANYON LINKS DRIVE, KATY TX 77450
Thomas L Davis	director	COLORADO SCHOOL OF MINES-DEPT. OF GEOPHY, 1500 ILLINOISE STREET, GOLDEN CO 80401-1887
William H Moody	director	2309 BIRKDALE LANE, KERRVILLE TX 78028
Richard F Miles	director	7007 PINEMONT DRIVE, HOUSTON TX 77040
Robert L. Curda	officer: Chief Financial Officer	7007 PINEMONT, HOUSTON TX 77040
Giesinger Edgar R. Jr.	director	1915 SANDGATE FALLS, HOUSTON TX 77062
Lacey Rice	officer: Vice President	2527 BUFFALO TRAIL, SUGAR LAND TX 77479
Thomas T Mcentire	officer: Chief Financial Officer	7334 N GESSNER ROAD, HOUSTON TX 77040
Michael J Sheen	director, officer: SVP & Chief Technical Officer	7007 PINEMONT DRIVE, HOUSTON TX 77040
Takashi Kanemori	director, 10 percent owner	OYO CORPORATION, 2-6 KUDAN-KITA 4-CHOME, CHIYODA-KU, TOKYO M0 102-0073