Jindalee Lithium (ASX:JLL) EBIT : A$-4.45 Mil (TTM As of Dec. 2023)

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What is Jindalee Lithium EBIT?

Jindalee Lithium's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-2.85 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.45 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jindalee Lithium's annualized ROC % for the quarter that ended in Dec. 2023 was -21.07%. Jindalee Lithium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -45.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jindalee Lithium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -13.48%.

Jindalee Lithium EBIT Historical Data

The historical data trend for Jindalee Lithium'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.

Jindalee Lithium EBIT Chart

Jindalee Lithium Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

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-0.89

-0.23

-0.49

-1.23

-3.32

Jindalee Lithium 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															0.70	-1.93	-1.72	-1.60	-2.85

Competitive Comparison of Jindalee Lithium's EBIT

For the Other Industrial Metals & Mining subindustry, Jindalee 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.

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

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

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

Jindalee Lithium 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$-4.45 Mil.

Jindalee Lithium (ASX:JLL) EBIT Explanation

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

Jindalee Lithium'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 )
=	-3.482 * ( 1 - 0% )	/	( (16.126	+	16.926)	/ 2 )
=	-3.482	/	16.526
=	-21.07 %

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	))
=	18.388	-	0.511	-	( 2.242	-	max(0, 0.57	-	2.321	+	2.242	))
=	16.126

	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	))
=	20.475	-	0.562	-	( 3.295	-	max(0, 0.593	-	3.58	+	3.295	))
=	16.926

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:

Jindalee Lithium'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 )
=	-5.702	/	( ( (11.714 + max(-0.432, 0))	+	(13.133 + max(-0.278, 0)) )	/	2 )
=	-5.702	/	( ( 11.714	+	13.133 )	/	2 )
=	-5.702	/	12.4235
=	-45.90 %

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)
=	(0.079	+	0	+	0)	-	(0.511	+	0	+	-1.1102230246252E-16)
=	-0.432

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.285	+	0	+	0)	-	(0.562	+	0	+	0.00099999999999989)
=	-0.278

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:

Jindalee Lithium's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-4.451	/	33.030
	=	-13.48 %

Jindalee Lithium EBIT Related Terms

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Jindalee Lithium (ASX:JLL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jindalee Lithium Ltd (ASX:JLL) » Definitions » EBIT

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JNDAF:USA

Address

9 Havelock Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.jindaleelithium.com

Jindalee Lithium Ltd is engaged in the exploration and development of Lithium properties in Australia. It holds interests in various tenements located in Tasmania and Western Australia, including gold, diamonds, nickel, iron ore, copper, magnesite, uranium, and other base metals, as well as rare earth minerals. The project holdings of the company include U.S. Lithium, McDermitt Lithium Project which is the largest lithium deposit contained by lithium in the United States, and The Clayton North project.