Rift Valley Resources (XCNQ:RVR) EBIT : C$-0.15 Mil (TTM As of Sep. 2022)

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What is Rift Valley Resources EBIT?

Rift Valley Resources's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was C$-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was C$-0.15 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rift Valley Resources's annualized ROC % for the quarter that ended in Sep. 2022 was -6.73%. Rift Valley Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rift Valley Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -2.80%.

Rift Valley Resources EBIT Historical Data

The historical data trend for Rift Valley 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.

Rift Valley Resources EBIT Chart

Rift Valley Resources Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

EBIT

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-0.32

-0.47

-0.70

-1.29

-0.88

Rift Valley Resources Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial															-0.32	-0.03	-0.05	-0.03	-0.03

Competitive Comparison of Rift Valley Resources's EBIT

For the Telecom Services subindustry, Rift Valley 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.

Rift Valley Resources's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Rift Valley Resources's EV-to-EBIT distribution charts can be found below:

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

Rift Valley 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.15 Mil.

Rift Valley Resources (XCNQ:RVR) EBIT Explanation

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

Rift Valley Resources's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-0.136 * ( 1 - 0% )	/	( (1.967	+	2.077)	/ 2 )
=	-0.136	/	2.022
=	-6.73 %

where

	Invested Capital		(Q: Jun. 2022 )
=	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	))
=	1.989	-	0.22	-	( 0.007	-	max(0, 0.22	-	0.022	+	0.007	))
=	1.967

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	2.094	-	0.268	-	( 0.005	-	max(0, 0.268	-	0.017	+	0.005	))
=	2.077

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Rift Valley Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.136	/	( ( (0 + max(-0.209, 0))	+	(0 + max(-0.262, 0)) )	/	2 )
=	-0.136	/	( ( 0	+	0 )	/	2 )
=	-0.136	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.011)	-	(0.22	+	0	+	0)
=	-0.209

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.006)	-	(0.268	+	0	+	0)
=	-0.262

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-0.146	/	5.210
	=	-2.80 %

Rift Valley Resources EBIT Related Terms

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Rift Valley Resources (XCNQ:RVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Rift Valley Resources Corp (XCNQ:RVR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1681 Chestnut Street, Number 400, Vancouver, BC, CAN, V6J 4M6

Website

https://www.riftvalleyresources.ca

Rift Valley Resources Corp is engaged in the evaluation of a wireless service business and other business opportunities. It provides Fixed and Portable wireless broadband. The company also develops QwikCom portable wireless broadband and surveillance system for remote communications, disaster recovery and facility/border surveillance.

Executives

Griffin Jones

Director