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Ardea Resources (Ardea Resources) EV-to-EBIT : -18.22 (As of May. 16, 2024)


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What is Ardea Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ardea Resources's Enterprise Value is $70.29 Mil. Ardea Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.86 Mil. Therefore, Ardea Resources's EV-to-EBIT for today is -18.22.

The historical rank and industry rank for Ardea Resources's EV-to-EBIT or its related term are showing as below:

ARRRF' s EV-to-EBIT Range Over the Past 10 Years
Min: -210.58   Med: 0   Max: 0
Current: -18.22

ARRRF's EV-to-EBIT is ranked worse than
100% of 577 companies
in the Metals & Mining industry
Industry Median: 12.94 vs ARRRF: -18.22

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ardea Resources's Enterprise Value for the quarter that ended in Dec. 2023 was $48.19 Mil. Ardea Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.86 Mil. Ardea Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -8.01%.


Ardea Resources EV-to-EBIT Historical Data

The historical data trend for Ardea Resources's EV-to-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.

Ardea Resources EV-to-EBIT Chart

Ardea Resources Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial -12.40 -5.33 -38.96 -50.08 -12.75

Ardea Resources Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -50.08 - -12.75 -

Competitive Comparison of Ardea Resources's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Ardea 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.


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

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

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



Ardea Resources EV-to-EBIT Calculation

Ardea Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=70.285/-3.858
=-18.22

Ardea Resources's current Enterprise Value is $70.29 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ardea Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.86 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.


Ardea Resources  (OTCPK:ARRRF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Ardea Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-3.858/48.1927785
=-8.01 %

Ardea Resources's Enterprise Value for the quarter that ended in Dec. 2023 was $48.19 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ardea Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.86 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.


Ardea Resources EV-to-EBIT Related Terms

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


Ardea Resources (Ardea Resources) Business Description

Traded in Other Exchanges
Address
45 Ord Street, Suite 2, West Perth, Perth, WA, AUS, 6005
Ardea Resources Ltd is a mineral exploration company. It is focused on cobalt, nickel and scandium project and gold exploration. The company holds interests in the Goongarrie Nickel-Cobalt Project and, Kalgoorlie Nickel Project.

Ardea Resources (Ardea Resources) Headlines