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Dinero Ventures (TSXV:DNO) EBIT : C$-0.10 Mil (TTM As of Feb. 2024)


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What is Dinero Ventures EBIT?

Dinero Ventures's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was C$-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was C$-0.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dinero Ventures's annualized ROC % for the quarter that ended in Feb. 2024 was -14.18%. Dinero Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -14.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dinero Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -3.84%.


Dinero Ventures EBIT Historical Data

The historical data trend for Dinero 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.

Dinero Ventures EBIT Chart

Dinero Ventures Annual Data
Trend Nov21 Nov22 Nov23
EBIT
- -0.29 -0.11

Dinero Ventures Quarterly Data
May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.03 -0.03 -0.02 -0.03 -0.03

Competitive Comparison of Dinero Ventures's EBIT

For the Gold subindustry, Dinero 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.


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

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

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



Dinero 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.10 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.


Dinero Ventures  (TSXV:DNO) EBIT Explanation

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

Dinero Ventures's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=-0.104 * ( 1 - 0% )/( (0.689 + 0.778)/ 2 )
=-0.104/0.7335
=-14.18 %

where

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

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

Dinero Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.104/( ( (0.67 + max(-0.072, 0)) + (0.72 + max(-0.009, 0)) )/ 2 )
=-0.104/( ( 0.67 + 0.72 )/ 2 )
=-0.104/0.695
=-14.96 %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.002) - (0.074 + 0 + 0)
=-0.072

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.014) - (0.023 + 0 + 0)
=-0.009

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=-0.104/2.707
=-3.84 %

* 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.


Dinero Ventures EBIT Related Terms

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Dinero Ventures (TSXV:DNO) Business Description

Traded in Other Exchanges
N/A
Address
905 Columbia Street, Box 224, Stewart, BC, CAN, V0T 1W0
Website
Dinero Ventures Ltd is engaged in the business of exploration of mineral properties. The company owns a 100% interest in the Raven Project located in the Lillooet Mining Division of British Columbia, Canada.

Dinero Ventures (TSXV:DNO) Headlines

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