Spod Lithium (XCNQ:SPOD) EBIT : C$-1.35 Mil (TTM As of Jan. 2024)

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What is Spod Lithium EBIT?

Spod Lithium's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was C$-0.15 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was C$-1.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Spod Lithium's annualized ROC % for the quarter that ended in Jan. 2024 was -15.77%. Spod Lithium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -16.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Spod Lithium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -39.45%.

Spod Lithium EBIT Historical Data

The historical data trend for Spod Lithium'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.

Spod Lithium EBIT Chart

Spod Lithium Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Jul23

EBIT

-0.06

-0.32

-0.30

-1.36

Spod Lithium Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial														-0.14	-0.16	-0.92	-0.12	-0.15

Competitive Comparison of Spod Lithium's EBIT

For the Other Industrial Metals & Mining subindustry, Spod Lithium'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.

Spod Lithium's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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

Spod Lithium 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.35 Mil.

Spod Lithium (XCNQ:SPOD) EBIT Explanation

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

Spod Lithium's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

	ROC % (Q: Jan. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	-0.58 * ( 1 - 0% )	/	( (3.46	+	3.898)	/ 2 )
=	-0.58	/	3.679
=	-15.77 %

where

	Invested Capital		(Q: Oct. 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	))
=	3.619	-	0.284	-	( 0.029	-	max(0, 0.284	-	0.159	+	0.029	))
=	3.46

	Invested Capital		(Q: Jan. 2024 )
=	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	))
=	4.687	-	0.056	-	( 0.939	-	max(0, 0.29	-	1.023	+	0.939	))
=	3.898

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

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

Spod Lithium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Oct. 2023		Q: Jan. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.58	/	( ( (3.46 + max(-0.273, 0))	+	(3.665 + max(-0.28, 0)) )	/	2 )
=	-0.58	/	( ( 3.46	+	3.665 )	/	2 )
=	-0.58	/	3.5625
=	-16.28 %

where Working Capital is:

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.011)	-	(0.284	+	0	+	0)
=	-0.273

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.01)	-	(0.056	+	0	+	0.234)
=	-0.28

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

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

Spod Lithium's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	-1.345	/	3.409
	=	-39.45 %

Spod Lithium EBIT Related Terms

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Spod Lithium (XCNQ:SPOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Spod Lithium Corp (XCNQ:SPOD) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

SPODF:USA

Address

1030 West Georgia Street, Suite 1910, Vancouver, BC, CAN, V6C 2Y3

Website

https://www.spodlithiumcorp.com

Spod Lithium Corp. is a mineral exploration company focused on the acquisition and development of mineral properties containing batteries, bases, and precious metals. The Company's primary lithium properties are strategically located in Quebec and Ontario, Canada. The projects of the company include Golden Moon Property, Ferdinand Property, Byron Pegmatite, Lithium Grande 4, Megali Property, and others.

Spod Lithium (XCNQ:SPOD) Headlines

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