GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Refined Energy Corp (XCNQ:RUU) » Definitions » EBIT

Refined Energy (XCNQ:RUU) EBIT : C$-0.84 Mil (TTM As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Refined Energy EBIT?

Refined Energy's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Refined Energy's annualized ROC % for the quarter that ended in Dec. 2023 was -64.13%. Refined Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -83.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Refined Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -18.92%.


Refined Energy EBIT Historical Data

The historical data trend for Refined Energy'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.

Refined Energy EBIT Chart

Refined Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial -38.97 -33.48 -9.21 -0.28 -0.90

Refined Energy 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 -0.06 -0.18 -0.27 -0.30 -0.10

Competitive Comparison of Refined Energy's EBIT

For the Other Industrial Metals & Mining subindustry, Refined Energy'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.


Refined Energy's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Refined Energy 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$-0.84 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.


Refined Energy  (XCNQ:RUU) EBIT Explanation

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

Refined Energy'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 )
=-0.396 * ( 1 - 0% )/( (0.617 + 0.618)/ 2 )
=-0.396/0.6175
=-64.13 %

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:

Refined Energy'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 )
=-0.4/( ( (0.477 + max(-0.49, 0)) + (0.477 + max(-0.578, 0)) )/ 2 )
=-0.4/( ( 0.477 + 0.477 )/ 2 )
=-0.4/0.477
=-83.86 %

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)
=(0.148 + 0 + 0) - (0.637 + 0 + 0.001)
=-0.49

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.15 + 0 + -0.001) - (0.727 + 0 + 0)
=-0.578

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:

Refined Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.838/4.429
=-18.92 %

* 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.


Refined Energy EBIT Related Terms

Thank you for viewing the detailed overview of Refined Energy's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Refined Energy (XCNQ:RUU) Business Description

Traded in Other Exchanges
Address
1177 West Hastings Street, Suite 1930, Vancouver, BC, CAN, V6E 2K3
Refined Metals Corp is a junior mining company dedicated to identifying, evaluating, and acquiring interests in mineral properties in North America. It has three properties, the Lac Simard Lithium Property in the Lac Simard Region of Quebec; the Rose Property located near Kamloops, British Columbia which is an exploration stage silver-gold-copper-zinc property and the Horizon South Property located in the endowed Big Smoky Valley basins in Esmeralda County, Nevada.

Refined Energy (XCNQ:RUU) Headlines

No Headlines