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Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) EBIT per Share : $1.84 (TTM As of Mar. 2024)


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What is Labrador Iron Ore Royalty EBIT per Share?

Labrador Iron Ore Royalty's EBIT per Share for the three months ended in Mar. 2024 was $0.50. Its EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $1.84.

During the past 12 months, the average EBIT per Share Growth Rate of Labrador Iron Ore Royalty was -7.40% per year. During the past 3 years, the average EBIT per Share Growth Rate was -0.30% per year. During the past 5 years, the average EBIT per Share Growth Rate was 10.50% per year. During the past 10 years, the average EBIT per Share Growth Rate was 8.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Labrador Iron Ore Royalty's EBIT per Share or its related term are showing as below:

LIFZF' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -14.3   Med: 9   Max: 38.7
Current: -0.3

During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Labrador Iron Ore Royalty was 38.70% per year. The lowest was -14.30% per year. And the median was 9.00% per year.

LIFZF's 3-Year EBIT Growth Rate is ranked worse than
67.9% of 458 companies
in the Steel industry
Industry Median: 14.05 vs LIFZF: -0.30

Labrador Iron Ore Royalty's EBIT for the three months ended in Mar. 2024 was $31.6 Mil.


Labrador Iron Ore Royalty EBIT per Share Historical Data

The historical data trend for Labrador Iron Ore Royalty's EBIT per Share 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.

Labrador Iron Ore Royalty EBIT per Share Chart

Labrador Iron Ore Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 1.86 2.62 2.03 1.76

Labrador Iron Ore Royalty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT per Share 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 0.40 0.46 0.41 0.48 0.50

Labrador Iron Ore Royalty EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Labrador Iron Ore Royalty's EBIT per Share for the fiscal year that ended in Dec. 2023 is calculated as

EBIT per Share(A: Dec. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=112.838/64.000
=1.76

Labrador Iron Ore Royalty's EBIT per Share for the quarter that ended in Mar. 2024 is calculated as

EBIT per Share(Q: Mar. 2024 )
=EBIT/Shares Outstanding (Diluted Average)
=31.592/63.792
=0.50

EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.84

* 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.


Labrador Iron Ore Royalty  (OTCPK:LIFZF) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.


Labrador Iron Ore Royalty EBIT per Share Related Terms

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Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) Business Description

Traded in Other Exchanges
Address
235 Water Street, P.O. Box 610, Suite 1000, Scotia Centre, St. John’s, NL, CAN, A1C 5L3
Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC's sales of iron ore. IOC is a Canadian producer of iron ore pellets and concentrate, serving customers worldwide.

Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) Headlines

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