Ubuntu Mining and Metals (AQSE:UNTU) EBIT: £-0.16 Mil (TTM As of Jun. 2023)


What is Ubuntu Mining and Metals EBIT?

Ubuntu Mining and Metals AQSE:UNTU EBIT is £-0.16 Mil as of Jun. 2023.

Ubuntu Mining and Metals's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was £-0.07 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was £-0.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ubuntu Mining and Metals's annualized ROC % for the quarter that ended in Jun. 2023 was -925.00%. Ubuntu Mining and Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ubuntu Mining and Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 112.14%.

Ubuntu Mining and Metals  (AQSE:UNTU) EBIT Explanation

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

Ubuntu Mining and Metals's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-0.148 * ( 1 - 0% )/( (0.019 + 0.013)/ 2 )
=-0.148/0.016
=-925.00 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=0.501 - 0 - ( 0.498 - max(0, 0.019 - 0.501+0.498))
=0.019

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))
=0.431 - 0.012 - ( 0.431 - max(0, 0.025 - 0.431+0.431))
=0.013

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

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

Ubuntu Mining and Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.148/( ( (0 + max(-0.016, 0)) + (0 + max(-0.025, 0)) )/ 2 )
=-0.148/( ( 0 + 0 )/ 2 )
=-0.148/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.003) - (0 + 0 + 0.019)
=-0.016

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.012 + 0 + 0.013)
=-0.025

When net working capital is negative, 0 is used.

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

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

Ubuntu Mining and Metals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-0.157/-0.140
=112.14 %

* 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.

Ubuntu Mining and Metals EBIT Related Terms

Ubuntu Mining and Metals EBIT Historical Data

* Premium members only.

The historical data trend for Ubuntu Mining and Metals'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.

Ubuntu Mining and Metals EBIT Chart

Ubuntu Mining and Metals Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.79 -4.74 -0.03 -0.18 -0.14

Ubuntu Mining and Metals Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -0.10 -0.08 -0.06 -0.08 -0.07

AQSE:UNTU vs : EBIT Comparison

For the Asset Management subindustry, Ubuntu Mining and Metals'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.

Ubuntu Mining and Metals EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Ubuntu Mining and Metals's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ubuntu Mining and Metals's EV-to-EBIT falls into.


Ubuntu Mining and Metals 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.16 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of £-0.16 Mil mean?
Ubuntu Mining and Metals (AQSE:UNTU) has a EBIT of £-0.16 Mil as of Jun. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ubuntu Mining and Metals.
Is Ubuntu Mining and Metals' EBIT too high?
Ubuntu Mining and Metals' current EBIT is £-0.16 Mil.
How does Ubuntu Mining and Metals' EBIT compare to ?
Ubuntu Mining and Metals' EBIT of £-0.16 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Asset Management company?
A good EBIT depends on the Asset Management industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ubuntu Mining and Metals. Ubuntu Mining and Metals's current EBIT is £-0.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ubuntu Mining and Metals stock overvalued right now?
Ubuntu Mining and Metals (AQSE:UNTU) has a current EBIT of £-0.16 Mil. The current EBIT is £-0.16 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Ubuntu Mining and Metals (AQSE:UNTU), the current EBIT is £-0.16 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ubuntu Mining and Metals Business Description

Comparable Companies
Address Craigmuir Chambers, P.O. Box 71, Tortola, Road Town, VGB, VG1110
Ubuntu Mining and Metals Inc is an early-stage exploration and development mining company committed to unlocking world-wide mineral wealth through sustainable and responsible mining practices. Its project includes The Dilotiko Project.