Metalla Royalty & Streaming (Metalla Royalty & Streaming) EBIT : $-3.31 Mil (TTM As of Dec. 2023)

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

What is Metalla Royalty & Streaming EBIT?

Metalla Royalty & Streaming's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-1.39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.31 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Metalla Royalty & Streaming's annualized ROC % for the quarter that ended in Dec. 2023 was -3.27%. Metalla Royalty & Streaming's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Metalla Royalty & Streaming's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.18%.

Metalla Royalty & Streaming EBIT Historical Data

The historical data trend for Metalla Royalty & Streaming'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.

Metalla Royalty & Streaming EBIT Chart

Metalla Royalty & Streaming Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-1.18

-4.00

-9.67

-9.60

-3.31

Metalla Royalty & Streaming Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-4.52	-0.84	0.90	-1.97	-1.39

Competitive Comparison of Metalla Royalty & Streaming's EBIT

For the Other Precious Metals & Mining subindustry, Metalla Royalty & Streaming'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.

Metalla Royalty & Streaming's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Metalla Royalty & Streaming's EV-to-EBIT falls into.

Metalla Royalty & Streaming 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 quarterly data reported by the company within the most recent 12 months, which was $-3.31 Mil.

Metalla Royalty & Streaming (AMEX:MTA) EBIT Explanation

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

Metalla Royalty & Streaming'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: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-6.064 * ( 1 - -5.12% )	/	( (130.422	+	259.977)	/ 2 )
=	-6.3744768	/	195.1995
=	-3.27 %

where

	Invested Capital		(Q: Sep. 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	))
=	137.825	-	1.507	-	( 5.896	-	max(0, 2.185	-	9.74	+	5.896	))
=	130.422

	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	))
=	276.031	-	5.394	-	( 14.107	-	max(0, 6.992	-	17.652	+	14.107	))
=	259.977

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Metalla Royalty & Streaming'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: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-5.564	/	( ( (127.533 + max(2.209, 0))	+	(257.824 + max(-2.178, 0)) )	/	2 )
=	-5.564	/	( ( 129.742	+	257.824 )	/	2 )
=	-5.564	/	193.783
=	-2.87 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.027	+	0	+	1.689)	-	(1.507	+	0	+	0)
=	2.209

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.482	+	0	+	0.734)	-	(5.394	+	0	+	0)
=	-2.178

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Metalla Royalty & Streaming's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-3.306	/	280.002
	=	-1.18 %

Metalla Royalty & Streaming EBIT Related Terms

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

Metalla Royalty & Streaming (Metalla Royalty & Streaming) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metalla Royalty & Streaming Ltd (AMEX:MTA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

X9C:Germany MTA:Canada

Address

543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8

Website

https://www.metallaroyalty.com

Metalla Royalty & Streaming Ltd is a precious metals royalty and streaming company, which engages in the acquisition and management of precious metal royalties, streams, and similar production-based interests. It's a pure-play gold and silver streaming and royalty company. It generates revenue from royalties, streams, and other interests.