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Yuma Energy (Yuma Energy) Owner Earnings per Share (TTM) : 0.00 (As of Jun. 2020)


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What is Yuma Energy Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Yuma Energy's Owner Earnings per Share (TTM) ended in Jun. 2020 was $0.00. It's Price-to-Owner-Earnings ratio for today is 0.


The historical rank and industry rank for Yuma Energy's Owner Earnings per Share (TTM) or its related term are showing as below:



YUMAQ's Price-to-Owner-Earnings is not ranked *
in the Oil & Gas industry.
Industry Median: 9
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Yuma Energy's Earnings per Share (Diluted) for the three months ended in Sep. 2019 was $-1.54. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2019 was $-16.52. It's PE Ratio ratio for today is At Loss.

Yuma Energy's EPS without NRI for the three months ended in Sep. 2019 was $-1.54. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2019 was $-7.37. It's PE Ratio without NRI ratio for today is At Loss.


Yuma Energy Owner Earnings per Share (TTM) Historical Data

The historical data trend for Yuma Energy's Owner Earnings per Share (TTM) 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.

Yuma Energy Owner Earnings per Share (TTM) Chart

Yuma Energy Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.86 -201.84 -74.92 -10.45 -13.65

Yuma Energy Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Jun20
Owner Earnings per Share (TTM) 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 -13.65 -23.29 -20.94 -17.58 -

Competitive Comparison of Yuma Energy's Owner Earnings per Share (TTM)

For the Oil & Gas E&P subindustry, Yuma Energy's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Yuma Energy's Price-to-Owner-Earnings Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Yuma Energy's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Yuma Energy's Price-to-Owner-Earnings falls into.



Yuma Energy Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Yuma Energy's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income -1.98
Depreciation, Depletion and Amortization 1.22
Change In Deferred Tax 0.00
5Y Average of Maintenance Capital Expenditure 10.88
Change In Working Capital 1.21
Shares Outstanding (Diluted Average) 1.55

1. Start with "Net Income" from income statement. Yuma Energy's Net Income for the trailing twelve months (TTM) ended in Jun. 2020 was $-1.98 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Yuma Energy's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Jun. 2020 was $1.22 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income. Yuma Energy's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2020 was $0.00 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $10.88 Mil

It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.

The following shows how to get maintenance capital expenditure.

First, calculate the revenue change regarding to the previous quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.

Yuma Energy's 5-Year Average Maintenance Capital Expenditure = $10.88 Mil

5. "Change In Working Capital" is from cashflow statement. Yuma Energy's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2020 was $1.21 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.

6. Yuma Energy's Shares Outstanding (Diluted Average) for the months ended in Jun. 2020 was 1.55199 Mil.

Yuma Energy's Onwer Earnings Per Share for Jun. 2020 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( -1.983 +1.222+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-10.881291756277+1.209)/1.55199
=0.00

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=0.0001/0.00
=0

* 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.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Yuma Energy Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Yuma Energy's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Yuma Energy (Yuma Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1177 West Loop South, Suite 1825, Houston, TX, USA, 77027
Yuma Energy Inc is active in the oil and gas domain. It is an oil and gas company focused on the acquisition, development, and exploration of conventional and unconventional oil and natural gas resources in the United States Gulf Coast and California. Its operations are focused on onshore assets located in central and southern Louisiana, where it is targeting the Austin Chalk, Tuscaloosa, Wilcox, Frio, Marg Tex and Hackberry formations. In addition, it has a non-operated position in the Bakken Shale in North Dakota and operated positions in Kern and Santa Barbara Counties in California. It also holds operated and non-operated properties in southeast Texas containing both conventional and unconventional properties located in Jefferson and Madison counties.
Executives
John Christopher Teets director C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Anthony Charles Schnur officer: Chief Restructuring Officer 9 SILVERSTRAND PLACE, THE WOODLANDS TX 77301
James J Jacobs officer: Chief Financial Officer 801 TRAVIS, SUITE 2020, HOUSTON TX 77002
Paul D. Mckinney officer: President and COO 1177 WEST LOOP SOUTH, SUITE 1825, HOUSTON TX 77027
Sam L. Banks director, 10 percent owner, officer: Chief Executive Officer 1177 WEST LOOP SOUTH, SUITE 1825, HOUSTON TX 77027
Frank Alan Lodzinski director 1400 WOODLOCH FOREST DRIVE, SUITE 300, THE WOODLANDS TX 77380
James W Christmas director 1000 LOUISIANA, SUITE 5600, HOUSTON TX 77002
Bain Capital Credit Member, Llc 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Sankaty Davis, Llc 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Neeraj Mital director 1177 WEST LOOP SOUTH, SUITE 1825, HOUSTON TX 77027
Richard K Stoneburner director
Willem Mesdag 10 percent owner C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Red Mountain Capital Partners Llc 10 percent owner 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067
Rmcp Gp Llc 10 percent owner 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067
Red Mountain Capital Management Inc 10 percent owner 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067

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