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Grounded Lithium (Grounded Lithium) EV-to-EBIT : -0.85 (As of Jun. 09, 2024)


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What is Grounded Lithium EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Grounded Lithium's Enterprise Value is $1.90 Mil. Grounded Lithium's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.24 Mil. Therefore, Grounded Lithium's EV-to-EBIT for today is -0.85.

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

GRDAF' s EV-to-EBIT Range Over the Past 10 Years
Min: -26.08   Med: 0   Max: 0
Current: -0.87

GRDAF's EV-to-EBIT is ranked worse than
100% of 568 companies
in the Metals & Mining industry
Industry Median: 12.855 vs GRDAF: -0.87

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Grounded Lithium's Enterprise Value for the quarter that ended in Mar. 2024 was $2.14 Mil. Grounded Lithium's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.24 Mil. Grounded Lithium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -104.51%.


Grounded Lithium EV-to-EBIT Historical Data

The historical data trend for Grounded Lithium'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.

Grounded Lithium EV-to-EBIT Chart

Grounded Lithium Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
- -2.62 -1.43

Grounded Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.24 -1.33 -1.67 -1.43 -1.13

Competitive Comparison of Grounded Lithium's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Grounded Lithium'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.


Grounded Lithium's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Grounded Lithium EV-to-EBIT Calculation

Grounded Lithium's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1.904/-2.238
=-0.85

Grounded Lithium's current Enterprise Value is $1.90 Mil.
Grounded Lithium's 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 $-2.24 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.


Grounded Lithium  (OTCPK:GRDAF) 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) %.

Grounded Lithium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-2.238/2.14141816
=-104.51 %

Grounded Lithium's Enterprise Value for the quarter that ended in Mar. 2024 was $2.14 Mil.
Grounded Lithium's 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 $-2.24 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.


Grounded Lithium EV-to-EBIT Related Terms

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Grounded Lithium (Grounded Lithium) Business Description

Traded in Other Exchanges
Address
500, 400-5th Avenue SW, Calgary, AB, CAN, T2P 0L6
Grounded Lithium Corp is a lithium resource company focused on supplying lithium to the rapidly developing electricity-powered economy. It controls approximately 2.9 million tonnes of lithium carbonate equivalent over its focused land holdings in Southwest Saskatchewan.