GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Superior Drilling Products Inc (STU:SDW) » Definitions » EBIT

Superior Drilling Products (STU:SDW) EBIT : €-1.14 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Superior Drilling Products EBIT?

Superior Drilling Products's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €-1.45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €-1.14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Superior Drilling Products's annualized ROC % for the quarter that ended in Mar. 2024 was 3.14%. Superior Drilling Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -44.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Superior Drilling Products's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.95%.


Superior Drilling Products EBIT Historical Data

The historical data trend for Superior Drilling Products'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.

Superior Drilling Products EBIT Chart

Superior Drilling Products 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 -0.14 -2.25 0.11 1.73 1.90

Superior Drilling Products 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 1.63 0.52 0.27 -0.48 -1.45

Competitive Comparison of Superior Drilling Products's EBIT

For the Oil & Gas Equipment & Services subindustry, Superior Drilling Products'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.


Superior Drilling Products's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Superior Drilling Products 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 €-1.14 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.


Superior Drilling Products  (STU:SDW) EBIT Explanation

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

Superior Drilling Products'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 )
=0.584 * ( 1 - -3.07% )/( (19.706 + 18.621)/ 2 )
=0.6019288/19.1635
=3.14 %

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:

Superior Drilling Products'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 )
=-5.792/( ( (10.722 + max(2.942, 0)) + (10.518 + max(2.024, 0)) )/ 2 )
=-5.792/( ( 13.664 + 12.542 )/ 2 )
=-5.792/13.103
=-44.20 %

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)
=(2.448 + 2.481 + 0.804) - (2.791 + 0 + 0)
=2.942

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.168 + 2.48 + 0.806) - (3.43 + 0 + -8.8817841970013E-16)
=2.024

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:

Superior Drilling Products's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-1.136/38.455
=-2.95 %

* 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.


Superior Drilling Products EBIT Related Terms

Thank you for viewing the detailed overview of Superior Drilling Products's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Superior Drilling Products (STU:SDW) Business Description

Traded in Other Exchanges
Address
1583 South 1700 East, Vernal, UT, USA, 84078
Superior Drilling Products Inc is engaged in providing equipment and services to the oil and gas industry. It specialises in the design and manufacture of drilling tool technologies including the patented Drill-N-Ream wellbore conditioning tool and the patented Strider oscillation system technology. In addition, SDP is a manufacturer and refurbisher of PDC (polycrystalline diamond compact) drill bits for an oilfield services company. The company operates in North America and other international regions, of which key revenue is derived from North America.

Superior Drilling Products (STU:SDW) Headlines

No Headlines