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Mountain Province Diamonds (TSX:MPVD) EBIT : C$102.8 Mil (TTM As of Mar. 2023)


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What is Mountain Province Diamonds EBIT?

Mountain Province Diamonds's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was C$39.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was C$102.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mountain Province Diamonds's annualized ROC % for the quarter that ended in Mar. 2023 was 17.81%. Mountain Province Diamonds's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 19.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mountain Province Diamonds's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 34.89%.


Mountain Province Diamonds EBIT Historical Data

The historical data trend for Mountain Province Diamonds'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.

Mountain Province Diamonds EBIT Chart

Mountain Province Diamonds Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.81 -98.89 -229.32 329.42 102.09

Mountain Province Diamonds Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 36.16 36.17 7.49 19.93 39.20

Competitive Comparison of Mountain Province Diamonds's EBIT

For the Other Precious Metals & Mining subindustry, Mountain Province Diamonds'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.


Mountain Province Diamonds's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Mountain Province Diamonds's EV-to-EBIT falls into.



Mountain Province Diamonds 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$102.8 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.


Mountain Province Diamonds  (TSX:MPVD) EBIT Explanation

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

Mountain Province Diamonds's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=161.676 * ( 1 - 8.35% )/( (837.671 + 826)/ 2 )
=148.176054/831.8355
=17.81 %

where

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

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

Mountain Province Diamonds's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=156.784/( ( (686.062 + max(111.421, 0)) + (690.387 + max(96.572, 0)) )/ 2 )
=156.784/( ( 797.483 + 786.959 )/ 2 )
=156.784/792.221
=19.79 %

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 + 160.789 + 2.559) - (43.623 + 0 + 8.304)
=111.421

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.783 + 182.453 + 18.24) - (99.209 + 0 + 7.695)
=96.572

When net working capital is negative, 0 is used.

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

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

Mountain Province Diamonds's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=102.784/294.603
=34.89 %

* 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.


Mountain Province Diamonds EBIT Related Terms

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Mountain Province Diamonds (TSX:MPVD) Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 1410, P.O. Box 216, Toronto, ON, CAN, M5J 2S1
Mountain Province Diamonds Inc is engaged in the mining and marketing of rough diamonds. The Company supplies rough diamonds from its 49% ownership interest in the Gahcho Kue diamond mine (the GK Diamond Mine). The GK Diamond Mine is located in Canada's Northwest Territories. The Company also owns 100% of the mineral rights of the Kennady North Project (KNP) in Canada's Northwest Territories.

Mountain Province Diamonds (TSX:MPVD) Headlines

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