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Premier Gold Mines (Premier Gold Mines) EBIT : $-31.25 Mil (TTM As of Dec. 2020)


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What is Premier Gold Mines EBIT?

Premier Gold Mines's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2020 was $-8.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2020 was $-31.25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Premier Gold Mines's annualized ROC % for the quarter that ended in Dec. 2020 was -0.32%. Premier Gold Mines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was -11.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Premier Gold Mines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was -5.49%.


Premier Gold Mines EBIT Historical Data

The historical data trend for Premier Gold Mines'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.

Premier Gold Mines EBIT Chart

Premier Gold Mines Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.63 23.45 -18.92 -17.53 -31.25

Premier Gold Mines Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
EBIT 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 -3.09 -11.21 -13.76 2.22 -8.50

Competitive Comparison of Premier Gold Mines's EBIT

For the Gold subindustry, Premier Gold Mines'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.


Premier Gold Mines's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Premier Gold Mines 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-31.25 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.


Premier Gold Mines  (OTCPK:PIRGF) EBIT Explanation

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

Premier Gold Mines's annualized ROC % for the quarter that ended in Dec. 2020 is calculated as:

ROC % (Q: Dec. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2020 ) + Invested Capital (Q: Dec. 2020 ))/ count )
=-1.236 * ( 1 - 9.12% )/( (338.723 + 355.567)/ 2 )
=-1.1232768/347.145
=-0.32 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2020) data.

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

Premier Gold Mines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2020  Q: Dec. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-33.984/( ( (295.651 + max(-7.352, 0)) + (203.846 + max(113.544, 0)) )/ 2 )
=-33.984/( ( 295.651 + 317.39 )/ 2 )
=-33.984/306.5205
=-11.09 %

where Working Capital is:

Working Capital(Q: Sep. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.059 + 20.427 + 3.558) - (20.661 + 4.426 + 6.309)
=-7.352

Working Capital(Q: Dec. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.312 + 16.609 + 136.691) - (17.291 + 4.504 + 31.273)
=113.544

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2020) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2020 )
=-31.246/568.636
=-5.49 %

* 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.


Premier Gold Mines EBIT Related Terms

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Premier Gold Mines (Premier Gold Mines) Business Description

Traded in Other Exchanges
N/A
Address
1100 Russell Street, Suite 200, Thunder Bay, ON, CAN, P7B 5N2
Premier Gold Mines Ltd is a mineral exploration company focused on the exploration and development of gold and silver. The company's projects portfolio includes South Arturo Property, Mercedes mine, Hardrock Gold Project, Rahill-Bonanza Property, McCoy Cove gold Property, Hasaga gold properties, and Rodeo Creek. Its operating segment includes Mercedes; and South Arturo. The company generates maximum revenue from the Mercedes mine segment. It operates in three geographical areas namely Canada, the United States, and Mexico of which Mexico derives a majority of revenue to the company.

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