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Nelson Resources (ASX:NES) EBIT : A$-2.02 Mil (TTM As of Dec. 2023)


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What is Nelson Resources EBIT?

Nelson Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-1.71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nelson Resources's annualized ROC % for the quarter that ended in Dec. 2023 was -56.79%. Nelson Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -56.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nelson Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -207.16%.


Nelson Resources EBIT Historical Data

The historical data trend for Nelson Resources'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.

Nelson Resources EBIT Chart

Nelson Resources Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial -1.08 -0.72 -3.10 -2.32 -1.07

Nelson Resources Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.38 -0.94 -0.75 -0.32 -1.71

Competitive Comparison of Nelson Resources's EBIT

For the Gold subindustry, Nelson Resources'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.


Nelson Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Nelson Resources 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-2.02 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.


Nelson Resources  (ASX:NES) EBIT Explanation

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

Nelson Resources's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-3.41 * ( 1 - 0% )/( (6.415 + 5.594)/ 2 )
=-3.41/6.0045
=-56.79 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Nelson Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.41/( ( (6.393 + max(-0.026, 0)) + (5.594 + max(-0.129, 0)) )/ 2 )
=-3.41/( ( 6.393 + 5.594 )/ 2 )
=-3.41/5.9935
=-56.89 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.046) - (0.05 + 0 + 0.022)
=-0.026

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.005 + 0 + 0.033) - (0.167 + 0 + 0)
=-0.129

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Nelson Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-2.024/0.977
=-207.16 %

* 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.


Nelson Resources EBIT Related Terms

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Nelson Resources (ASX:NES) Business Description

Traded in Other Exchanges
N/A
Address
99 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Nelson Resources Ltd is a gold mining company. It has a portfolio of five prospective gold packages within the Western Australian goldfields. The company's projects include Socrates project, Woodline project, Yarri Project, Tempest project and Fortnum project among others.