Austral Gold (Austral Gold) EBIT : $-6.98 Mil (TTM As of Dec. 2023)

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What is Austral Gold EBIT?

Austral Gold's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $-5.92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-6.98 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Austral Gold's annualized ROC % for the quarter that ended in Dec. 2023 was -24.41%. Austral Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -14.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Austral Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -27.39%.

Austral Gold EBIT Historical Data

The historical data trend for Austral 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.

Austral Gold EBIT Chart

Austral Gold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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13.30

14.27

-4.49

-9.13

-6.98

Austral Gold Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-5.85	-5.41	-3.72	-1.06	-5.92

Competitive Comparison of Austral Gold's EBIT

For the Other Precious Metals & Mining subindustry, Austral 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.

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

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

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

Austral 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 semi-annually data reported by the company within the most recent 12 months, which was $-6.98 Mil.

Austral Gold (OTCPK:AGLDF) EBIT Explanation

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

Austral 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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-26.876 * ( 1 - 7.97% )	/	( (97.09	+	105.537)	/ 2 )
=	-24.7339828	/	101.3135
=	-24.41 %

where

	Invested Capital		(Q: Jun. 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	))
=	99.211	-	18.512	-	( 3.305	-	max(0, 32.396	-	16.005	+	3.305	))
=	97.09

	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	))
=	104.285	-	23.121	-	( 4.997	-	max(0, 41.508	-	17.135	+	4.997	))
=	105.537

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Austral 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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-11.832	/	( ( (74.987 + max(-9.099, 0))	+	(83.769 + max(-16.349, 0)) )	/	2 )
=	-11.832	/	( ( 74.987	+	83.769 )	/	2 )
=	-11.832	/	79.378
=	-14.91 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.208	+	9.402	+	0.09)	-	(18.512	+	0	+	3.287)
=	-9.099

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.668	+	9.699	+	0.083000000000002)	-	(23.121	+	0	+	3.678)
=	-16.349

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-6.978	/	25.476
	=	-27.39 %

Austral Gold EBIT Related Terms

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Austral Gold (Austral Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Austral Gold Ltd (OTCPK:AGLDF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

AGLD:Canada AGD:Australia

Address

126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.australgold.com

Austral Gold Ltd is a precious metals mining and exploration company. It is engaged in the exploration and evaluation of mineral properties, gold, and silver production. The company's flagship Guanaco project is a gold and silver producing mine located in Chile, South America. Rawhide, Pinguino, and Casposo are some of the other projects of the company. All of its revenue comes from Chile.