Koil Energy Solutions (Koil Energy Solutions) EBIT : $-0.95 Mil (TTM As of Mar. 2024)

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What is Koil Energy Solutions EBIT?

Koil Energy Solutions's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $0.57 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.95 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Koil Energy Solutions's annualized ROC % for the quarter that ended in Mar. 2024 was 18.72%. Koil Energy Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 25.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Koil Energy Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -6.93%.

Koil Energy Solutions EBIT Historical Data

The historical data trend for Koil Energy Solutions'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.

Koil Energy Solutions EBIT Chart

Koil Energy Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-2.41

-6.04

2.45

-2.19

-1.61

Koil Energy Solutions 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															-0.10	-0.43	-0.21	-0.89	0.57

Competitive Comparison of Koil Energy Solutions's EBIT

For the Oil & Gas Equipment & Services subindustry, Koil Energy Solutions'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.

Koil Energy Solutions's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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

Koil Energy Solutions 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 $-0.95 Mil.

Koil Energy Solutions (OTCPK:KLNG) EBIT Explanation

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

Koil Energy Solutions'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 )
=	2.28 * ( 1 - 0.52% )	/	( (11.679	+	12.548)	/ 2 )
=	2.268144	/	12.1135
=	18.72 %

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	))
=	17.062	-	3.353	-	( 2.03	-	max(0, 5.284	-	7.849	+	2.03	))
=	11.679

	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	))
=	18.084	-	3.558	-	( 1.978	-	max(0, 5.841	-	9.141	+	1.978	))
=	12.548

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

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

Koil Energy Solutions'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 )
=	2.28	/	( ( (8.927 + max(0.286, 0))	+	(8.672 + max(-0.474, 0)) )	/	2 )
=	2.28	/	( ( 9.213	+	8.672 )	/	2 )
=	2.28	/	8.9425
=	25.50 %

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)
=	(4.228	+	0.43	+	0.358)	-	(3.353	+	1.377	+	0)
=	0.286

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.88	+	0.525	+	0.412)	-	(3.558	+	1.733	+	8.8817841970013E-16)
=	-0.474

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:

Koil Energy Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-0.952	/	13.743
	=	-6.93 %

Koil Energy Solutions EBIT Related Terms

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Koil Energy Solutions (Koil Energy Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Koil Energy Solutions Inc (OTCPK:KLNG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1310 Rankin Road, Houston, TX, USA, 77073

Website

https://www.koilenergy.com

Koil Energy Solutions Inc is an energy services company that provides equipment and support services to the world's energy and offshore industries. Its core services and technological solutions include distribution system installation support and engineering services, umbilical terminations, loose-tube steel flying leads, and related services. Additionally, its team can support subsea engineering, manufacturing, installation, commissioning, and maintenance projects. Its products include Buoyancy Solutions, Flying Leads, Storage, and Transportation, Subsea Fluid and Power Distribution, and Umbilical Termination Solutions.

Executives

Trevor L Ashurst	officer: Vice President of Finance	18511 BEAUMONT HIGHWAY, HOUSTON TX 77049
Ronald Eric Smith	director, 10 percent owner, officer: President, CEO and Director	3020 SOUTH ISLAND DRIVE, SEABROOK TX 77586
Micah Thomas Simmons	officer: Chief Operating Officer	18511 BEAUMONT HIGHWAY, HOUSTON TX 77049
Neal I Goldman	director	170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
David J. Douglas	director, 10 percent owner	3889 MAPLE AVE., 6TH FLOOR, DALLAS TX 75219
Charles K Njuguna	officer: CHIEF FINANCIAL OFFICER	PO BOX 1389, CROSBY TX 77532
Eugene L Butler	director, officer: Chief Financial Officer	PO BOX 12818, HOUSTON TX 77217
Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity Portfolio	10 percent owner	C/O WELLINGTON TRUST COMPANY, NA, 280 CONGRESS STREET, BOSTON MA 02210
Mary Lynne Budrunas	director, 10 percent owner, officer: Secretary & Director	3020 SOUTH ISLAND DRIVE, SEABROOK TX 77586
Mark Carden	director	18511 BEAUMONT HIGHWAY, HOUSTON TX 77049
Randolph W Warner	director	8827 W. SAM HOUSTON PKWY N, #100, HOUSTON TX 77040
Perlus Microcap Fund L.p.	10 percent owner	CRICKET SQUARE, HUTCHINS DRIVE, P.O. BOX 268, GRAND CAYMAN E9 KY1-1111
Ira Selya	officer: Corporate Controller	8827 W SAM HOUSTON PKWY N, STE 100, HOUSTON TX 77040
Gay Stanley Mayeux	officer: VP and CFO	8827 W. SAM HOUSTON PKWY N., STE 100, HOUSTON TX 77040
Mark R Hollinger	director	8827 W. SAM HOUSTON PKWY N, STE 100, HOUSTON TX 77040