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Andes Gold (Andes Gold) EBIT : $-0.91 Mil (TTM As of Dec. 2003)


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What is Andes Gold EBIT?

Andes Gold's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2003 was $1.82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2003 was $-0.91 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Andes Gold's annualized ROC % for the quarter that ended in Dec. 2003 was 116.84%. Andes Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2003 was 340.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Andes Gold EBIT Historical Data

The historical data trend for Andes 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.

Andes Gold EBIT Chart

Andes Gold Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.76 -0.46 -0.18 -0.18 -0.91

Andes Gold Quarterly Data
Mar98 Jun98 Sep98 Dec98 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
EBIT 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 1.74 -0.73 -0.85 -1.16 1.82

Competitive Comparison of Andes Gold's EBIT

For the Gold subindustry, Andes 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.


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

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

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



Andes 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. 2003 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.91 Mil.

* 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.


Andes Gold  (OTCPK:AGCZ) EBIT Explanation

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

Andes Gold's annualized ROC % for the quarter that ended in Dec. 2003 is calculated as:

ROC % (Q: Dec. 2003 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2003 ) + Invested Capital (Q: Dec. 2003 ))/ count )
=7.284 * ( 1 - 0% )/( (6.748 + 5.72)/ 2 )
=7.284/6.234
=116.84 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2003) data.

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

Andes Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2003 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2003 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2003  Q: Dec. 2003
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7.284/( ( (2.832 + max(-0.147, 0)) + (1.452 + max(-0.766, 0)) )/ 2 )
=7.284/( ( 2.832 + 1.452 )/ 2 )
=7.284/2.142
=340.06 %

where Working Capital is:

Working Capital(Q: Sep. 2003 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.919 + 0.423 + 0.348) - (1.791 + 0.029 + 0.017)
=-0.147

Working Capital(Q: Dec. 2003 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.226 + 0.335 + 1.427) - (0.51 + 0 + 2.244)
=-0.766

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2003) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2003 )
=-0.912/0.000
= %

* 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.


Andes Gold EBIT Related Terms

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Andes Gold (Andes Gold) Business Description

Traded in Other Exchanges
N/A
Address
1200 N. Federal Highway, Suite 200, Boca Raton, FL, USA, 33432
Andes Gold Corp is the operator of leased properties which it mines for mineral resources, specifically, gold. The company develops and produces gold assets in Ecuador and South America.

Andes Gold (Andes Gold) Headlines