Searchlight Resources (TSXV:SCLT) EBIT

: C$-1.58 Mil (TTM As of Dec. 2023)

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Searchlight Resources's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-0.74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.58 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Searchlight Resources's annualized ROC % for the quarter that ended in Dec. 2023 was -352.55%. Searchlight Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -380.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Searchlight Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -93.32%.

Searchlight Resources EBIT Historical Data

The historical data trend for Searchlight Resources'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.

Searchlight Resources Annual Data

Trend

Jun13

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

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-0.55

-0.86

-1.30

-1.24

-1.46

Searchlight Resources 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															-0.53	-0.30	-0.30	-0.23	-0.74

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Searchlight Resources'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.

Searchlight Resources EV-to-EBIT Distribution

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

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

Searchlight Resources 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$-1.58 Mil.

Searchlight Resources (TSXV:SCLT) EBIT Explanation

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

Searchlight Resources'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 )
=	-2.972 * ( 1 - 0% )	/	( (0.86	+	0.826)	/ 2 )
=	-2.972	/	0.843
=	-352.55 %

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	))
=	1.944	-	0.07	-	( 1.014	-	max(0, 0.126	-	1.187	+	1.014	))
=	0.86

	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	))
=	1.429	-	0.108	-	( 0.5	-	max(0, 0.176	-	0.671	+	0.5	))
=	0.826

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

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

Searchlight Resources'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 )
=	-2.972	/	( ( (0.758 + max(0.047, 0))	+	(0.758 + max(-0.0049999999999999, 0)) )	/	2 )
=	-2.972	/	( ( 0.805	+	0.758 )	/	2 )
=	-2.972	/	0.7815
=	-380.29 %

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)
=	(0.019	+	0	+	0.154)	-	(0.07	+	0	+	0.056)
=	0.047

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.112	+	0	+	0.059)	-	(0.108	+	0	+	0.068)
=	-0.0049999999999999

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:

Searchlight Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-1.578	/	1.691
	=	-93.32 %

Searchlight Resources EBIT Related Terms

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Searchlight Resources (TSXV:SCLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Searchlight Resources Inc (TSXV:SCLT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

SCLTF:USA 2CC2:Germany

Address

1199 West Pender Street, Suite 408, Vancouver, BC, CAN, V6E 2R1

Website

https://www.searchlightresources.com

Searchlight Resources Inc is a Canadian mineral exploration and development company focused in Saskatchewan, Canada. Its exploration focus is on gold, uranium and battery minerals throughout the Province. It also holds an interest in Kulyk Lake South; Bootleg Lake Gold Property, Robinson Creek; Wapawekka Lake Greenstone Belt, Munro Warden Copper Nickel Cobalt Property, Cameron Cobalt Property, Duddridge Lake Property, Flin Flon North Project, and English Bay Property in Canada.

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