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Topaz Energy (TSX:TPZ) EBIT : C$96.2 Mil (TTM As of Mar. 2024)


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What is Topaz Energy EBIT?

Topaz Energy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$16.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$96.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Topaz Energy's annualized ROC % for the quarter that ended in Mar. 2024 was 3.29%. Topaz Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Topaz Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.70%.


Topaz Energy EBIT Historical Data

The historical data trend for Topaz Energy'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.

Topaz Energy EBIT Chart

Topaz Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
0.58 2.72 37.22 141.42 98.03

Topaz Energy 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 18.38 20.13 22.11 37.42 16.52

Competitive Comparison of Topaz Energy's EBIT

For the Oil & Gas Midstream subindustry, Topaz Energy'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.


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

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

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



Topaz Energy 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 C$96.2 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.


Topaz Energy  (TSX:TPZ) EBIT Explanation

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

Topaz Energy'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 )
=82.572 * ( 1 - 35.87% )/( (1637.357 + 1579.054)/ 2 )
=52.9534236/1608.2055
=3.29 %

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:

Topaz Energy'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 )
=66.084/( ( (1581.228 + max(49.834, 0)) + (1545.848 + max(28.737, 0)) )/ 2 )
=66.084/( ( 1631.062 + 1574.585 )/ 2 )
=66.084/1602.8235
=4.12 %

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)
=(47.341 + 0 + 9.577) - (6.329 + 0 + 0.755)
=49.834

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.384 + 0 + 5.787) - (18.504 + 0 + 2.93)
=28.737

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=96.177/3566.492
=2.70 %

* 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.


Topaz Energy EBIT Related Terms

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Topaz Energy (TSX:TPZ) Business Description

Traded in Other Exchanges
Address
250 - 6th Avenue SW, Suite 3100, Calgary, AB, CAN, T2P 3H7
Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. It generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.
Executives
Stephen Phillip Larke Director