Lexington Gold (FRA:XX40) EBIT

: €-0.84 Mil (TTM As of Jun. 2023)

View and export this data going back to 2020. Start your Free Trial

Lexington Gold's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was €-0.37 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lexington Gold's annualized ROC % for the quarter that ended in Jun. 2023 was -15.96%. Lexington Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -16.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lexington Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -3.59%.

Lexington Gold EBIT Historical Data

The historical data trend for Lexington Gold'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.

Lexington Gold Annual Data

Trend

Jun18

Jun19

Dec20

Dec21

Dec22

EBIT

-0.22

-0.58

-0.90

-0.81

Lexington Gold Semi-Annual Data
	Dec18	Jun19	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT					-0.39	-0.49	-0.34	-0.47	-0.37

Competitive Comparison

For the Gold subindustry, Lexington Gold'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.

Lexington Gold EV-to-EBIT Distribution

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

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

Lexington Gold 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.84 Mil.

Lexington Gold (FRA:XX40) EBIT Explanation

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

Lexington Gold's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-0.738 * ( 1 - 0% )	/	( (4.301	+	4.946)	/ 2 )
=	-0.738	/	4.6235
=	-15.96 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	4.771	-	0.09	-	( 0.4	-	max(0, 0.09	-	0.47	+	0.4	))
=	4.301

	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	))
=	4.827	-	0.132	-	( 0.262	-	max(0, 0.627	-	0.376	+	0.262	))
=	4.946

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

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

Lexington Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.732	/	( ( (4.301 + max(-0.02, 0))	+	(4.452 + max(-0.023, 0)) )	/	2 )
=	-0.732	/	( ( 4.301	+	4.452 )	/	2 )
=	-0.732	/	4.3765
=	-16.73 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.07	+	0	+	-5.5511151231258E-17)	-	(0.09	+	0	+	0)
=	-0.02

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.114	+	0	+	0)	-	(0.132	+	0	+	0.005)
=	-0.023

When net working capital is negative, 0 is used.

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

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

Lexington Gold's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-0.838	/	23.316
	=	-3.59 %

Lexington Gold EBIT Related Terms

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

Lexington Gold (FRA:XX40) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lexington Gold Ltd (FRA:XX40) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

LEX:UK

Address

Clarendon House, 2 Church Street, Hamilton, BMU, HM 11

Website

https://www.lexingtongold.co.uk

Lexington Gold Ltd is engaged in the gold exploration and development of its four gold projects in North and South Carolina, USA. The Company comprises the following reportable segments such as Corporate and Exploration activities. The projects are situated in the Carolina Super Terrane and are host to a number of multi-million-ounce mines operated. Its projects include Jennings-Pioneer Project, Argo Project, Carolina Belle Project, And Jones Keystone & Loflin Project (JKL).

Lexington Gold (FRA:XX40) Headlines

No Headlines