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Desert Gold Ventures (TSXV:DAU) EBIT : C$-1.28 Mil (TTM As of Dec. 2023)


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What is Desert Gold Ventures EBIT?

Desert Gold Ventures's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Desert Gold Ventures's annualized ROC % for the quarter that ended in Dec. 2023 was -92,400.00%. Desert Gold Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -38,800.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Desert Gold Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -8.81%.


Desert Gold Ventures EBIT Historical Data

The historical data trend for Desert Gold Ventures'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.

Desert Gold Ventures EBIT Chart

Desert Gold Ventures Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.77 -3.53 -5.35 -3.78 -1.32

Desert Gold Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.63 -0.51 -0.33 -0.34 -0.10

Competitive Comparison of Desert Gold Ventures's EBIT

For the Other Industrial Metals & Mining subindustry, Desert Gold Ventures'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.


Desert Gold Ventures's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Desert Gold Ventures 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 quarterly data reported by the company within the most recent 12 months, which was C$-1.28 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.


Desert Gold Ventures  (TSXV:DAU) EBIT Explanation

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

Desert Gold Ventures'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.924 * ( 1 - 0% )/( (0.001 + 0.001)/ 2 )
=-0.924/0.001
=-92,400.00 %

where

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

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

Desert Gold Ventures'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.388/( ( (0.001 + max(-0.258, 0)) + (0.001 + max(-0.157, 0)) )/ 2 )
=-0.388/( ( 0.001 + 0.001 )/ 2 )
=-0.388/0.001
=-38,800.00 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.021) - (0.279 + 0 + 0)
=-0.258

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.009) - (0.166 + 0 + 0)
=-0.157

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1.282/14.552
=-8.81 %

* 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.


Desert Gold Ventures EBIT Related Terms

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Desert Gold Ventures (TSXV:DAU) Business Description

Traded in Other Exchanges
Address
9648-128th Street, Suite 210, Surrey, BC, CAN, V3T 2X9
Desert Gold Ventures Inc is an exploration stage company. It is principally engaged in the business of acquisition, exploration, and development of mineral resource properties. The company conducts mineral property exploration in Mali and Rwanda. It holds an interest in Farabantourou exploration, Djimbala, and SMSZ project.
Executives
Don Dudek Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Desert Gold Ventures (TSXV:DAU) Headlines

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