Cyclone Metals (ASX:CLE) EBIT : A$-8.87 Mil (TTM As of Dec. 2024)

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What is Cyclone Metals EBIT?

Cyclone Metals's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-4.95 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$-8.87 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cyclone Metals's annualized ROC % for the quarter that ended in Dec. 2024 was -69.03%. Cyclone Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -138.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cyclone Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -17.90%.

Cyclone Metals EBIT Historical Data

The historical data trend for Cyclone 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.

* Premium members only.

Cyclone Metals EBIT Chart

Cyclone Metals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

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0.14

-4.74

-5.61

-8.19

-4.72

Cyclone Metals Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
EBIT	Get a 7-Day Free Trial															-0.09	-8.10	-0.80	-3.92	-4.95

Competitive Comparison of Cyclone Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Cyclone 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.

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

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

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

Cyclone 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-8.87 Mil.

Cyclone Metals (ASX:CLE) EBIT Explanation

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

Cyclone Metals'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 )
=	-6.632 * ( 1 - 0% )	/	( (11.257	+	7.957)	/ 2 )
=	-6.632	/	9.607
=	-69.03 %

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	))
=	12.112	-	1.392	-	( 5.401	-	max(0, 6.075	-	5.538	+	5.401	))
=	11.257

	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	))
=	14.688	-	0.853	-	( 6.614	-	max(0, 0.998	-	6.876	+	6.614	))
=	7.957

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:

Cyclone Metals'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 )
=	-9.9	/	( ( (6.52 + max(-3.739, 0))	+	(7.811 + max(-0.736, 0)) )	/	2 )
=	-9.9	/	( ( 6.52	+	7.811 )	/	2 )
=	-9.9	/	7.1655
=	-138.16 %

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)
=	(0.03	+	0	+	0.032)	-	(1.392	+	0	+	2.409)
=	-3.739

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.263	+	0	+	-0.00099999999999945)	-	(0.853	+	0	+	0.145)
=	-0.736

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	-8.865	/	49.526
	=	-17.90 %

Cyclone Metals EBIT Related Terms

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Cyclone Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cyclone Metals Ltd (ASX:CLE) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

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Address

32 Harrogate Street, West Leederville, Perth, WA, AUS, 6007

Website

https://www.cyclonemetals.com

Cyclone Metals Ltd is an Australian-based exploration and development company. It is focused on developing its flagship iron ore project, Iron Bear located in the Labrador Trough in Canada. The company also has interests in several exploration and mining projects and companies, providing exposure to lithium, iron ore, copper, and gold, assets globally. Along with its flagship project, the company's project portfolio includes the Nickol River Gold Project, the Wee MacGregor Project, the Kukuna Iron Ore Project, and others. Geographically, the company operates in Australia which accounts for a majority of its revenue, West Africa, Canada, and New Zealand.

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