Quebec Precious Metals (Quebec Precious Metals) EBIT : $-0.58 Mil (TTM As of Oct. 2023)

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What is Quebec Precious Metals EBIT?

Quebec Precious Metals's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2023 was $-1.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2023 was $-0.58 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Quebec Precious Metals's annualized ROC % for the quarter that ended in Oct. 2023 was -686.35%. Quebec Precious Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was -295,733.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Quebec Precious Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was -16.80%.

Quebec Precious Metals EBIT Historical Data

The historical data trend for Quebec Precious Metals'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.

Quebec Precious Metals EBIT Chart

Quebec Precious Metals Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

EBIT

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-6.36

-2.59

-3.57

-3.11

-0.04

Quebec Precious Metals Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
EBIT	Get a 7-Day Free Trial															0.47	0.74	-0.06	-0.15	-1.11

Competitive Comparison of Quebec Precious Metals's EBIT

For the Gold subindustry, Quebec Precious Metals'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.

Quebec Precious Metals's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Quebec Precious Metals's EV-to-EBIT falls into.

Quebec Precious Metals 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.58 Mil.

Quebec Precious Metals (OTCPK:CJCFF) EBIT Explanation

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

Quebec Precious Metals's annualized ROC % for the quarter that ended in Oct. 2023 is calculated as:

	ROC % (Q: Oct. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jul. 2023 )	+	Invested Capital (Q: Oct. 2023 ))	/ count )
=	-2.644 * ( 1 - 5.77% )	/	( (0.398	+	0.328)	/ 2 )
=	-2.4914412	/	0.363
=	-686.35 %

where

	Invested Capital		(Q: Jul. 2023 )
=	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	))
=	2.721	-	0.181	-	( 2.142	-	max(0, 0.563	-	2.72	+	2.142	))
=	0.398

	Invested Capital		(Q: Oct. 2023 )
=	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	))
=	1.729	-	0.29	-	( 1.111	-	max(0, 0.594	-	1.727	+	1.111	))
=	0.328

Note: The Operating Income data used here is four times the quarterly (Oct. 2023) data.

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

Quebec Precious Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Oct. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jul. 2023		Q: Oct. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-4.436	/	( ( (0.002 + max(-0.486, 0))	+	(0.001 + max(-0.523, 0)) )	/	2 )
=	-4.436	/	( ( 0.002	+	0.001 )	/	2 )
=	-4.436	/	0.0015
=	-295,733.33 %

where Working Capital is:

	Working Capital		(Q: Jul. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.047)	-	(0.181	+	0	+	0.352)
=	-0.486

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.042)	-	(0.29	+	0	+	0.275)
=	-0.523

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2023) EBIT data.

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

Quebec Precious Metals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Oct. 2023 )
	=	-0.578	/	3.440
	=	-16.80 %

Quebec Precious Metals EBIT Related Terms

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Quebec Precious Metals (Quebec Precious Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quebec Precious Metals Corp (OTCPK:CJCFF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

YXEP:Germany QPM:Canada

Address

1080, Cote du Beaver Hall, Bureau 2101, Montreal, QC, CAN, H2Z 1S8

Website

https://www.qpmcorp.ca

Quebec Precious Metals Corp is engaged in the acquisition, exploration, and development of mining projects in Canada. The company is focused on advancing its Sakami gold project, located in Eeyou Istchee James Bay territory in Quebec, near Newmont Corporation's Eleonore gold mine. In addition, the Company holds a 68% interest in the Kipawa/Zeus rare earths project located near Temiscaming, Quebec. The Company's operations consist of a single operating segment being the sector of exploration and evaluation of mineral resources and all operations are located in Canada.