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AXEL REE (ASX:AXL) EBIT : A$ Mil (TTM As of Dec. 2024)


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What is AXEL REE EBIT?

AXEL REE's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-1.55 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AXEL REE's annualized ROC % for the quarter that ended in Dec. 2024 was -61.35%. AXEL REE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -2,275.46%.

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

AXEL REE EBIT Historical Data

The historical data trend for AXEL REE'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.

AXEL REE EBIT Chart

AXEL REE Annual Data
Trend Jun24
EBIT
-2.24

AXEL REE Semi-Annual Data
Dec23 Jun24 Dec24
EBIT -0.98 -1.26 -1.55

Competitive Comparison of AXEL REE's EBIT

For the Other Industrial Metals & Mining subindustry, AXEL REE'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.

AXEL REE's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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


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AXEL REE 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$ 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.

AXEL REE  (ASX:AXL) EBIT Explanation

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

AXEL REE's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-3.106 * ( 1 - 0% )/( (9.853 + 0.273)/ 2 )
=-3.106/5.063
=-61.35 %

where

Invested Capital(Q: Jun. 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))
=10.023 - 0.601 - ( 9.807 - max(0, 10.27 - 9.839+9.807))
=9.853

Invested Capital(Q: Dec. 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))
=11.07 - 0.114 - ( 10.683 - max(0, 0.114 - 10.924+10.683))
=0.273

Note: The Operating Income data used here is two times the semi-annual (Dec. 2024) data.

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

AXEL REE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.106/( ( (0 + max(-10.271, 0)) + (0.146 + max(0.127, 0)) )/ 2 )
=-3.106/( ( 0 + 0.273 )/ 2 )
=-3.106/0.1365
=-2,275.46 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + -0.00099999999999945) - (0.601 + 0 + 9.669)
=-10.271

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.19 + 0 + 0.051) - (0.114 + 0 + 0)
=0.127

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

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

AXEL REE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=/-1.611
= %

* 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.

AXEL REE EBIT Related Terms

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AXEL REE Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AXEL REE Ltd (ASX:AXL) » Definitions » EBIT
Comparable Companies
ASX:PR2 ASX:CMD ASX:ZMI ASX:SRK ASX:IG6 ASX:MRQ ASX:DES ASX:RAG ASX:BUS ASX:CUF ASX:BHP ASX:RIO LSE:RIO SAU:1211 LSE:GLEN BSP:VALE3 MEX:GMEXICOB LSE:AAL ASX:FMG BOM:500188
Traded in Other Exchanges
N/A
Address
832 High Street, Kew East, VIC, AUS, 3102
Website
https://www.axelreelimited.com.au
AXEL REE Ltd is a Company engaged in the exploration and development of mineral resource opportunities, and specifically the exploration and development of Projects. The Company holds hundred percent interest in four projects situated in Brazil which includes the Caladao Project in northern Minas Gerais State, the Caldas Project bordering Sao Paulo State in southern Minas Gerais State, the Itiquira Project in Mato Grosso State, and the Corrente Project in Piaui State.