Chalice Mining (ASX:CHN) EBIT : A$-60.12 Mil (TTM As of Dec. 2023)

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What is Chalice Mining EBIT?

Chalice Mining's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-28.52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-60.12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chalice Mining's annualized ROC % for the quarter that ended in Dec. 2023 was -116.07%. Chalice Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -112.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chalice Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -17.97%.

Chalice Mining EBIT Historical Data

The historical data trend for Chalice Mining'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.

Chalice Mining EBIT Chart

Chalice Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

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-8.63

-13.32

-46.95

-65.83

-66.60

Chalice Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-30.48	-35.35	-35.00	-31.59	-28.52

Competitive Comparison of Chalice Mining's EBIT

For the Other Industrial Metals & Mining subindustry, Chalice Mining'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.

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

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

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

Chalice Mining 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 semi-annually data reported by the company within the most recent 12 months, which was A$-60.12 Mil.

Chalice Mining (ASX:CHN) EBIT Explanation

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

Chalice Mining'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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-64.214 * ( 1 - 2.69% )	/	( (49.952	+	57.718)	/ 2 )
=	-62.4866434	/	53.835
=	-116.07 %

where

	Invested Capital		(Q: Jun. 2023 )
=	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	))
=	199.064	-	7.951	-	( 148.179	-	max(0, 10.359	-	151.52	+	148.179	))
=	49.952

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	172.98	-	3.192	-	( 114.357	-	max(0, 5.822	-	117.892	+	114.357	))
=	57.718

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Chalice Mining'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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-57.046	/	( ( (46.948 + max(-8.254, 0))	+	(54.588 + max(-1.882, 0)) )	/	2 )
=	-57.046	/	( ( 46.948	+	54.588 )	/	2 )
=	-57.046	/	50.768
=	-112.37 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.269	+	0	+	1.473)	-	(7.951	+	0	+	2.045)
=	-8.254

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.893	+	0	+	1.642)	-	(3.192	+	0	+	2.225)
=	-1.882

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Chalice Mining's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-60.117	/	334.556
	=	-17.97 %

Chalice Mining EBIT Related Terms

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Chalice Mining (ASX:CHN) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CGMLF:USA C8U:Germany

Address

46 Colin Street, Level 3, West Perth, Perth, WA, AUS, 6005

Website

https://www.chalicemining.com

Chalice Mining Ltd is engaged in the exploration of precious and base metal properties. The project portfolio includes Julimar Nickel-Copper-PGE Project, Pyramid Hill Gold Project, Hawkstone Nickel-Copper-Cobalt Project, South West Nickel-Copper-PGE Project, Barrabarra Nickel-Copper-PGE Project, Auralia Nickel-Copper-Gold Project, Warrego North Project, Mt Jackson Gold Project, Nulla South & Gibb Rock Gold Project, and Viking Gold Project. It operates in one reportable segment, mineral exploration and evaluation.