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Castile Resources (ASX:CST) EBIT : A$-1.64 Mil (TTM As of Dec. 2023)


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What is Castile Resources EBIT?

Castile Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-0.66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.64 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Castile Resources's annualized ROC % for the quarter that ended in Dec. 2023 was -1.00%. Castile Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Castile Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -9.61%.


Castile Resources EBIT Historical Data

The historical data trend for Castile Resources'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.

Castile Resources EBIT Chart

Castile Resources Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
- -0.70 -1.58 -2.85 -1.71

Castile Resources Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial -0.81 -2.04 -0.73 -0.98 -0.66

Competitive Comparison of Castile Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Castile Resources'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.


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

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

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



Castile Resources 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$-1.64 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.


Castile Resources  (ASX:CST) EBIT Explanation

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

Castile Resources'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 )
=-1.328 * ( 1 - 76.73% )/( (30.704 + 31.297)/ 2 )
=-0.3090256/31.0005
=-1.00 %

where

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:

Castile Resources'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 )
=-1.328/( ( (30.26 + max(-0.834, 0)) + (30.856 + max(-0.344, 0)) )/ 2 )
=-1.328/( ( 30.26 + 30.856 )/ 2 )
=-1.328/30.558
=-4.35 %

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 + 0 + 0.126) - (0.843 + 0 + 0.117)
=-0.834

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.065 + 0 + 0.084) - (0.382 + 0 + 0.111)
=-0.344

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:

Castile Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1.641/17.079
=-9.61 %

* 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.


Castile Resources EBIT Related Terms

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Castile Resources (ASX:CST) Business Description

Traded in Other Exchanges
Address
17 Southport Street, Suite 1A, West Leederville, WA, AUS, 6007
Castile Resources Ltd is a mineral exploration and development company. Its projects include the Rover Project and the Warumpi Project. The Company operates predominantly in one business segment the exploration of minerals in one geographic segment, Australia.

Castile Resources (ASX:CST) Headlines

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