Reunion Gold (TSXV:RGD) EBIT : C$-59.08 Mil (TTM As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Reunion Gold EBIT?

Reunion Gold's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-15.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-59.08 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Reunion Gold's annualized ROC % for the quarter that ended in Dec. 2023 was -2,328.51%. Reunion Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2,344.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Reunion Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -8.47%.

Reunion Gold EBIT Historical Data

The historical data trend for Reunion 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.

Reunion Gold EBIT Chart

Reunion Gold Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-17.42

-8.33

-8.73

-26.64

-59.08

Reunion Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-11.85	-13.79	-14.68	-14.99	-15.62

Competitive Comparison of Reunion Gold's EBIT

For the Gold subindustry, Reunion 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.

Reunion Gold's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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

Reunion 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-59.08 Mil.

Reunion Gold (TSXV:RGD) EBIT Explanation

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

Reunion Gold'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 )
=	-66.444 * ( 1 - 0% )	/	( (2.781	+	2.926)	/ 2 )
=	-66.444	/	2.8535
=	-2,328.51 %

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	))
=	85.841	-	5.894	-	( 82.263	-	max(0, 6.069	-	83.235	+	82.263	))
=	2.781

	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	))
=	76.781	-	6.001	-	( 72.312	-	max(0, 6.203	-	74.057	+	72.312	))
=	2.926

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

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

Reunion Gold'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 )
=	-62.492	/	( ( (2.606 + max(-5.117, 0))	+	(2.724 + max(-5.033, 0)) )	/	2 )
=	-62.492	/	( ( 2.606	+	2.724 )	/	2 )
=	-62.492	/	2.665
=	-2,344.92 %

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)
=	(0	+	0	+	0.777)	-	(5.894	+	0	+	0)
=	-5.117

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.968)	-	(6.001	+	0	+	0)
=	-5.033

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-59.081	/	697.671
	=	-8.47 %

Reunion Gold EBIT Related Terms

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

Reunion Gold (TSXV:RGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Reunion Gold Corp (TSXV:RGD) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

RGDFF:USA RG7:Germany

Address

181 Bay Street, Suite 4400, Brookfield Place, Toronto, ON, CAN, M5J 2T3

Website

http://www.reuniongold.com

Reunion Gold Corp is a Canadian gold exploration and development company. It is focused on the acquisition, exploration, and development of gold mineral properties in the Guiana Shield region in South America. The main projects of the company are Boulanger and Dorlin in French Guiana, Oko West in Guyana and NW Extension in Suriname.

Reunion Gold (TSXV:RGD) Headlines

No Headlines