Sniper Resources (TSXV:SIP.H) EBIT : C$-2.93 Mil (TTM As of Jun. 2015)

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What is Sniper Resources EBIT?

Sniper Resources's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2015 was C$-0.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was C$-2.93 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sniper Resources's annualized ROC % for the quarter that ended in Jun. 2015 was -44.96%. Sniper Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 was -49.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sniper Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2015 was -445.81%.

Sniper Resources EBIT Historical Data

The historical data trend for Sniper Resources'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.

Sniper Resources EBIT Chart

Sniper Resources Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

EBIT

Get a 7-Day Free Trial

-0.48

-1.13

-0.61

-0.74

-2.97

Sniper Resources Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
EBIT	Get a 7-Day Free Trial															-0.06	-2.56	-0.13	-0.12	-0.13

Competitive Comparison of Sniper Resources's EBIT

For the Gold subindustry, Sniper Resources'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.

Sniper Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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

Sniper Resources 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 Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.93 Mil.

Sniper Resources (TSXV:SIP.H) EBIT Explanation

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

Sniper Resources's annualized ROC % for the quarter that ended in Jun. 2015 is calculated as:

	ROC % (Q: Jun. 2015 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2015 )	+	Invested Capital (Q: Jun. 2015 ))	/ count )
=	-0.5 * ( 1 - 0% )	/	( (1.109	+	1.115)	/ 2 )
=	-0.5	/	1.112
=	-44.96 %

where

	Invested Capital		(Q: Mar. 2015 )
=	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	))
=	1.189	-	1.157	-	( 0.12	-	max(0, 1.199	-	0.122	+	0.12	))
=	1.109

	Invested Capital		(Q: Jun. 2015 )
=	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	))
=	1.146	-	1.295	-	( 0.078	-	max(0, 1.343	-	0.079	+	0.078	))
=	1.115

Note: The Operating Income data used here is four times the quarterly (Jun. 2015) data.

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

Sniper Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2015 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2015		Q: Jun. 2015
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.5	/	( ( (1.019 + max(-1.157, 0))	+	(1.019 + max(-1.294, 0)) )	/	2 )
=	-0.5	/	( ( 1.019	+	1.019 )	/	2 )
=	-0.5	/	1.019
=	-49.07 %

where Working Capital is:

	Working Capital		(Q: Mar. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(1.157	+	0	+	0)
=	-1.157

	Working Capital		(Q: Jun. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.001)	-	(1.295	+	0	+	0)
=	-1.294

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2015) EBIT data.

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

Sniper Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2015 )
	=	-2.929	/	0.657
	=	-445.81 %

Sniper Resources EBIT Related Terms

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Sniper Resources (TSXV:SIP.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sniper Resources Ltd (TSXV:SIP.H) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.sniperresources.com

Sniper Resources Ltd is a Canada based mineral exploration company. It is engaged in acquisition, exploration, and evaluation of precious mineral properties located in Nevada, USA. The Company's projects include Weepah gold property and Laura Property in Nevada.

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