Sterling Plc EBITDA
What is the EBITDA of Sterling Plc?
The EBITDA of Sterling Energy Plc is -$2.42
What is the definition of EBITDA?
EBITDA is a company’s earnings before interest, taxes, depreciation, and amortization and is an accounting measure calculated using a company’s net earnings, before interest expenses, taxes, depreciation and amortization are subtracted, as a proxy for a company’s current operating profitability.
ttm (trailing twelve months)
Although EBITDA is not a financial measure recognized in generally accepted accounting principles, it is widely used in many areas of finance when assessing the performance of a company, such as securities analysis. It is intended to allow a comparison of profitability between different companies, by discounting the effects of interest payments from different forms of financing (by ignoring interest payments), political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill). EBITDA is a financial measurement of cash flow from operations that is widely used in mergers and acquisitions of small businesses and businesses in the middle market. It is not unusual for adjustments to be made to EBITDA to normalize the measurement allowing buyers to compare the performance of one business to another.
EBITDA of companies in the Energy sector on LSE compared to Sterling Plc
What does Sterling Plc do?
Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa and the Middle East. It is involved in the appraisal, exploration, development, and production of oil and gas. The company holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland. The company was incorporated in 1983 and is headquartered in London, the United Kingdom.
Companies with ebitda similar to Sterling Plc
- Panthera Resources PLC has EBITDA of -$2.43
- Galleon Gold has EBITDA of -CAD$2.43
- First Tin PLC has EBITDA of -£2.43
- Surefire Resources NL has EBITDA of -AUD$2.43
- Kaya has EBITDA of -$2.42
- Nexus Gold has EBITDA of -CAD$2.42
- Sterling Plc has EBITDA of -$2.42
- Camino Minerals has EBITDA of -CAD$2.42
- Roots Sustainable Agricultural Technologies has EBITDA of -$2.42
- Proseed India has EBITDA of -₨2.42
- GobiMin has EBITDA of -$2.41
- Pressure Technologies plc has EBITDA of -£2.41
- In Technical Productions has EBITDA of -HKD$2.41