Big River Gold (ASX:BRV) EBIT : A$-2.81 Mil (TTM As of Jun. 2021)

View and export this data going back to 2004. Start your Free Trial

What is Big River Gold EBIT?

Big River Gold's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2021 was A$-1.33 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2021 was A$-2.81 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Big River Gold's annualized ROC % for the quarter that ended in Jun. 2021 was -15.35%. Big River Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -14.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Big River Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -4.54%.

Big River Gold EBIT Historical Data

The historical data trend for Big River Gold'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.

Big River Gold EBIT Chart

Big River Gold Annual Data

Trend

Jun12

Jun13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

EBIT

Get a 7-Day Free Trial

-3.90

-5.65

-1.22

-2.92

-2.81

Big River Gold Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
EBIT	Get a 7-Day Free Trial															-0.46	-0.77	-2.14	-1.33	-1.49

Competitive Comparison of Big River Gold's EBIT

For the Gold subindustry, Big River Gold'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.

Big River Gold's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Big River Gold's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Big River Gold's EV-to-EBIT falls into.

Big River Gold 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 Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-2.81 Mil.

Big River Gold (ASX:BRV) EBIT Explanation

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

Big River Gold's annualized ROC % for the quarter that ended in Jun. 2021 is calculated as:

	ROC % (Q: Jun. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2020 )	+	Invested Capital (Q: Jun. 2021 ))	/ count )
=	-2.894 * ( 1 - 0% )	/	( (17.943	+	19.756)	/ 2 )
=	-2.894	/	18.8495
=	-15.35 %

where

	Invested Capital		(Q: Dec. 2020 )
=	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	))
=	28.004	-	0.516	-	( 9.885	-	max(0, 0.523	-	10.068	+	9.885	))
=	17.943

	Invested Capital		(Q: Jun. 2021 )
=	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	))
=	39.231	-	0.639	-	( 19.27	-	max(0, 0.686	-	19.522	+	19.27	))
=	19.756

Note: The Operating Income data used here is two times the semi-annual (Jun. 2021) data.

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

Big River Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2020		Q: Jun. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.656	/	( ( (17.935 + max(-0.24, 0))	+	(19.709 + max(-0.224, 0)) )	/	2 )
=	-2.656	/	( ( 17.935	+	19.709 )	/	2 )
=	-2.656	/	18.822
=	-14.11 %

where Working Capital is:

	Working Capital		(Q: Dec. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.151	+	0	+	0.125)	-	(0.516	+	0	+	0)
=	-0.24

	Working Capital		(Q: Jun. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.21	+	0	+	0.205)	-	(0.639	+	0	+	0)
=	-0.224

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2021) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Big River Gold's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2021 )
	=	-2.814	/	61.927
	=	-4.54 %

Big River Gold EBIT Related Terms

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

Big River Gold (ASX:BRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Big River Gold Ltd (ASX:BRV) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Richardson Street, Ground Floor, Perth, WA, AUS, 6005

Website

https://www.bigrivergold.com.au

Big River Gold Ltd is a specialized minerals exploration company focused on advancing its wholly-owned core projects in Brazil across the project exploration and development curve. It operates in two geographical areas being Australia and Brazil. The company projects include the Borborema Gold project is located in the Serido area of the Borborema province, within the State of Rio Grande do Norte in northeastern Brazil.

Big River Gold (ASX:BRV) Headlines

No Headlines