Kestrel Gold (TSXV:KGC) EBIT : C$-0.19 Mil (TTM As of Mar. 2024)

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What is Kestrel Gold EBIT?

Kestrel Gold's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-0.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.19 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kestrel Gold's annualized ROC % for the quarter that ended in Mar. 2024 was -14.04%. Kestrel Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -14.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kestrel Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -4.64%.

Kestrel Gold EBIT Historical Data

The historical data trend for Kestrel Gold'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.

Kestrel Gold EBIT Chart

Kestrel Gold Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

EBIT

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-0.72

-0.26

-0.29

-0.24

-0.17

Kestrel Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-0.04	-0.05	-0.05	-0.06	-0.04

Competitive Comparison of Kestrel Gold's EBIT

For the Gold subindustry, Kestrel Gold'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.

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

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

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

Kestrel Gold 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.19 Mil.

Kestrel Gold (TSXV:KGC) EBIT Explanation

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

Kestrel Gold's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-0.156 * ( 1 - 0% )	/	( (1.024	+	1.198)	/ 2 )
=	-0.156	/	1.111
=	-14.04 %

where

	Invested Capital		(Q: Dec. 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	))
=	1.28	-	0.04	-	( 0.253	-	max(0, 0.04	-	0.256	+	0.253	))
=	1.024

	Invested Capital		(Q: Mar. 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	))
=	1.316	-	0.039	-	( 0.108	-	max(0, 0.039	-	0.118	+	0.108	))
=	1.198

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

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

Kestrel Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.156	/	( ( (1.024 + max(-0.037, 0))	+	(1.199 + max(-0.029, 0)) )	/	2 )
=	-0.156	/	( ( 1.024	+	1.199 )	/	2 )
=	-0.156	/	1.1115
=	-14.04 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.003	+	0	+	0)	-	(0.04	+	0	+	0)
=	-0.037

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.006	+	0	+	0.004)	-	(0.039	+	0	+	0)
=	-0.029

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-0.19	/	4.096
	=	-4.64 %

Kestrel Gold EBIT Related Terms

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Kestrel Gold (TSXV:KGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kestrel Gold Inc (TSXV:KGC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

KSTBF:USA

Address

110-12 Avenue S.W., Suite 208, Calgary, AB, CAN, T2R 0G7

Website

https://www.kestrelgold.com

Kestrel Gold Inc is principally engaged in the business of acquisition, exploration, and evaluation of mineral properties. Its principal property includes the King Solomon Dome project in the Dawson mining district in the Yukon Territory of Canada. The Company is exploring and evaluating mineral properties in the Yukon Territory and British Columbia, Canada, to bring these properties to production.

Executives

Rob Solinger

Director, Senior Officer