Volt Carbon Technologies (Volt Carbon Technologies) EBIT : $-1.08 Mil (TTM As of Jan. 2024)

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What is Volt Carbon Technologies EBIT?

Volt Carbon Technologies's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-0.29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-1.08 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Volt Carbon Technologies's annualized ROC % for the quarter that ended in Jan. 2024 was -36.75%. Volt Carbon Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -59.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Volt Carbon Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -12.04%.

Volt Carbon Technologies EBIT Historical Data

The historical data trend for Volt Carbon Technologies'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.

Volt Carbon Technologies EBIT Chart

Volt Carbon Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

EBIT

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-0.63

-3.06

-1.53

-1.77

-1.11

Volt Carbon Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial															-0.34	-0.41	-0.12	-0.27	-0.29

Competitive Comparison of Volt Carbon Technologies's EBIT

For the Other Industrial Metals & Mining subindustry, Volt Carbon Technologies'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.

Volt Carbon Technologies's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Volt Carbon Technologies's EV-to-EBIT falls into.

Volt Carbon Technologies 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.08 Mil.

Volt Carbon Technologies (OTCPK:TORVF) EBIT Explanation

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

Volt Carbon Technologies's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

	ROC % (Q: Jan. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	-1.256 * ( 1 - 0% )	/	( (3.408	+	3.427)	/ 2 )
=	-1.256	/	3.4175
=	-36.75 %

where

	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	))
=	3.162	-	0.525	-	( 0.053	-	max(0, 0.84	-	0.069	+	0.053	))
=	3.408

	Invested Capital		(Q: Jan. 2024 )
=	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	))
=	3.561	-	0.518	-	( 0.44	-	max(0, 0.84	-	0.456	+	0.44	))
=	3.427

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

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

Volt Carbon Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Oct. 2023		Q: Jan. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.176	/	( ( (1.999 + max(-0.576, 0))	+	(1.987 + max(-0.601, 0)) )	/	2 )
=	-1.176	/	( ( 1.999	+	1.987 )	/	2 )
=	-1.176	/	1.993
=	-59.01 %

where Working Capital is:

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.004)	-	(0.525	+	0.055	+	-1.1102230246252E-16)
=	-0.576

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.004)	-	(0.518	+	0	+	0.087)
=	-0.601

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

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

Volt Carbon Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	-1.081	/	8.979
	=	-12.04 %

Volt Carbon Technologies EBIT Related Terms

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Volt Carbon Technologies (Volt Carbon Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volt Carbon Technologies Inc (OTCPK:TORVF) » Definitions » EBIT

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VCT:Canada

Address

70 Country Hills Landing NW, Suite 117, Calgary, AB, CAN, T3K 2L2

Website

https://www.voltcarbontech.com

Volt Carbon Technologies Inc is engaged in the exploration of mineral properties. The company has two operating segments. The mineral exploration and development segment focus on the acquisition and exploration of property interests that are considered potential sites of economic mineralization. The research and development segment focuses on the scientific study and technology applications for air classifier and battery development.