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True North Gems (TSXV:TGX) EV-to-EBIT : -54.96 (As of May. 15, 2024)


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What is True North Gems EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, True North Gems's Enterprise Value is C$8.02 Mil. True North Gems's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.15 Mil. Therefore, True North Gems's EV-to-EBIT for today is -54.96.

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

TSXV:TGX' s EV-to-EBIT Range Over the Past 10 Years
Min: -67.62   Med: 0   Max: 0
Current: -54.96

TSXV:TGX's EV-to-EBIT is ranked worse than
100% of 578 companies
in the Metals & Mining industry
Industry Median: 12.95 vs TSXV:TGX: -54.96

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. True North Gems's Enterprise Value for the quarter that ended in Dec. 2023 was C$7.47 Mil. True North Gems's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.15 Mil. True North Gems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.95%.


True North Gems EV-to-EBIT Historical Data

The historical data trend for True North Gems'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.

True North Gems EV-to-EBIT Chart

True North Gems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.96 -34.12 49.92 -10.32 -51.17

True North Gems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.32 -10.29 -11.01 -10.54 -51.17

Competitive Comparison of True North Gems's EV-to-EBIT

For the Other Precious Metals & Mining subindustry, True North Gems'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.


True North Gems's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where True North Gems's EV-to-EBIT falls into.



True North Gems EV-to-EBIT Calculation

True North Gems's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8.024/-0.146
=-54.96

True North Gems's current Enterprise Value is C$8.02 Mil.
True North Gems's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.15 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.


True North Gems  (TSXV:TGX) 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) %.

True North Gems'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 )
=-0.146/7.470435
=-1.95 %

True North Gems's Enterprise Value for the quarter that ended in Dec. 2023 was C$7.47 Mil.
True North Gems's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.15 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.


True North Gems EV-to-EBIT Related Terms

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True North Gems (TSXV:TGX) Business Description

Traded in Other Exchanges
Address
1027 Davie Street, Suite 515, Vancouver, BC, CAN, V6E 4L2
True North Gems Inc is engaged in the exploration and development of coloured gemstone deposits in Greenland and Canada. The company operates through the acquisition, exploration, and development of mineral properties segment.

True North Gems (TSXV:TGX) Headlines

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