Americas Gold And Silver (TSX:USA) EBIT : C$-41.6 Mil (TTM As of Sep. 2023)

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What is Americas Gold And Silver EBIT?

Americas Gold And Silver's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was C$-10.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was C$-41.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Americas Gold And Silver's annualized ROC % for the quarter that ended in Sep. 2023 was -19.17%. Americas Gold And Silver's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -19.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Americas Gold And Silver's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -35.75%.

Americas Gold And Silver EBIT Historical Data

The historical data trend for Americas Gold And Silver'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.

Americas Gold And Silver EBIT Chart

Americas Gold And Silver Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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-11.56

-40.16

-39.47

-201.36

-53.89

Americas Gold And Silver Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															-30.29	-15.64	-10.95	-4.25	-10.76

Competitive Comparison of Americas Gold And Silver's EBIT

For the Other Industrial Metals & Mining subindustry, Americas Gold And Silver'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.

Americas Gold And Silver's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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

Americas Gold And Silver 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-41.6 Mil.

Americas Gold And Silver (TSX:USA) EBIT Explanation

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

Americas Gold And Silver's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-47.012 * ( 1 - 0.11% )	/	( (243.458	+	246.519)	/ 2 )
=	-46.9602868	/	244.9885
=	-19.17 %

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	))
=	256.638	-	37.282	-	( 2.162	-	max(0, 59.666	-	35.564	+	2.162	))
=	243.458

	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	))
=	248.026	-	35.677	-	( 1.204	-	max(0, 59.396	-	25.226	+	1.204	))
=	246.519

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

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

Americas Gold And Silver's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-43.044	/	( ( (215.431 + max(-25.549, 0))	+	(216.991 + max(-32.021, 0)) )	/	2 )
=	-43.044	/	( ( 215.431	+	216.991 )	/	2 )
=	-43.044	/	216.211
=	-19.91 %

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)
=	(12.933	+	11.801	+	4.272)	-	(37.282	+	15.519	+	1.754)
=	-25.549

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.969	+	12.518	+	4.867)	-	(35.677	+	18.307	+	1.391)
=	-32.021

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-41.597	/	116.360
	=	-35.75 %

Americas Gold And Silver EBIT Related Terms

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Americas Gold And Silver (TSX:USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Americas Gold And Silver Corp (TSX:USA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

USAS:USA SZ71:Germany

Address

145 King Street West, Suite 2870, Toronto, ON, CAN, M5H 1J8

Website

https://www.americas-gold.com

Americas Gold And Silver Corp is a mining company is engaged in the acquisition, exploration, development, and production of precious metals mineral properties in Mexico and the United States. The company's primary operating assets are The Cosala operations, The Galena Complex, and Relief Canyon. The company also holds interests in the San Felipe Development Project located in Sonora, Mexico.