Barton Gold Holdings (ASX:BGD) EBIT : A$-7.02 Mil (TTM As of Dec. 2023)

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What is Barton Gold Holdings EBIT?

Barton Gold Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-5.59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-7.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Barton Gold Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -68.76%. Barton Gold Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -112.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Barton Gold Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -11.11%.

Barton Gold Holdings EBIT Historical Data

The historical data trend for Barton Gold Holdings'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.

Barton Gold Holdings EBIT Chart

Barton Gold Holdings Annual Data

Trend

Jun21

Jun22

Jun23

EBIT

-6.97

-3.91

-5.12

Barton Gold Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial			-4.31	0.40	-3.69	-1.43	-5.59

Competitive Comparison of Barton Gold Holdings's EBIT

For the Gold subindustry, Barton Gold Holdings'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.

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

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

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

Barton Gold Holdings 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 A$-7.02 Mil.

Barton Gold Holdings (ASX:BGD) EBIT Explanation

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

Barton Gold Holdings'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 )
=	-10.072 * ( 1 - 0% )	/	( (14.58	+	14.714)	/ 2 )
=	-10.072	/	14.647
=	-68.76 %

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	))
=	25.093	-	0.636	-	( 10.451	-	max(0, 0.842	-	10.719	+	10.451	))
=	14.58

	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	))
=	19.9	-	1.058	-	( 4.617	-	max(0, 1.278	-	5.406	+	4.617	))
=	14.714

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:

Barton Gold Holdings'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 )
=	-11.184	/	( ( (9.854 + max(-0.521, 0))	+	(9.943 + max(-0.467, 0)) )	/	2 )
=	-11.184	/	( ( 9.854	+	9.943 )	/	2 )
=	-11.184	/	9.8985
=	-112.99 %

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)
=	(0.068	+	0	+	0.2)	-	(0.636	+	0	+	0.153)
=	-0.521

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.391	+	0	+	0.398)	-	(1.058	+	0	+	0.198)
=	-0.467

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-7.024	/	63.249
	=	-11.11 %

Barton Gold Holdings EBIT Related Terms

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Barton Gold Holdings (ASX:BGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Barton Gold Holdings Ltd (ASX:BGD) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

BGDFF:USA BGD3:Germany

Address

12 Gilles Street, Level 4, Adelaide, SA, AUS, 5000

Website

https://www.bartongold.com.au

Barton Gold Holdings Ltd is a mineral exploration company. Its projects comprise Tarcoola, Tunkillia, and Challenger, among others. The company operates in one operating segment, being exploration in Australia.

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