Carawine Resources (ASX:CWX) EBIT: A$-1.91 Mil (TTM As of Dec. 2024)

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ASX:CWX Carawine Resources Ltd ASX:CWX
9 GF Score
Price A$0.11
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What is Carawine Resources EBIT?

Carawine Resources ASX:CWX 9 EBIT is A$-1.91 Mil as of Dec. 2024. GuruFocus rates ASX:CWX with a GF Score™ of 9/100.

Carawine Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-1.34 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$-1.91 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Carawine Resources's annualized ROC % for the quarter that ended in Dec. 2024 was -12.03%. Carawine Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -12.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Carawine Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -7.71%.

Carawine Resources  (ASX:CWX) EBIT Explanation

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

Carawine Resources'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 )
=-2.686 * ( 1 - 0% )/( (22.071 + 22.575)/ 2 )
=-2.686/22.323
=-12.03 %

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))
=25.687 - 0.615 - ( 3.714 - max(0, 0.893 - 3.894+3.714))
=22.071

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))
=23.952 - 0.225 - ( 1.508 - max(0, 0.507 - 1.659+1.508))
=22.575

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:

Carawine Resources'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 )
=-2.686/( ( (21.765 + max(-0.652, 0)) + (22.269 + max(-0.3, 0)) )/ 2 )
=-2.686/( ( 21.765 + 22.269 )/ 2 )
=-2.686/22.017
=-12.20 %

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 + 0.18) - (0.615 + 0 + 0.217)
=-0.652

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.151) - (0.225 + 0 + 0.226)
=-0.3

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-1.91/24.760
=-7.71 %

* 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.

Carawine Resources EBIT Related Terms

Carawine Resources EBIT Historical Data

* Premium members only.

The historical data trend for Carawine 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.

Carawine Resources EBIT Chart

Carawine Resources Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial -1.30 -1.66 -1.04 -1.12 -1.91

Carawine Resources Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 -0.55 -0.61 -0.51 -1.34 -0.57

Carawine Resources EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Carawine 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.

Carawine Resources EV-to-EBIT vs Metals & Mining Industry

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

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


ASX:CWX
9GF Score
Carawine Resources Ltd ASX:CWX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Carawine 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-1.91 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 A$-1.91 Mil mean?
Carawine Resources (ASX:CWX) has a EBIT of A$-1.91 Mil as of Dec. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Carawine Resources.
Is Carawine Resources' EBIT too high?
Carawine Resources' current EBIT is A$-1.91 Mil. Overall, Carawine Resources has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Carawine Resources' EBIT compare to competitors?
Carawine Resources' EBIT of A$-1.91 Mil can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good EBIT depends on the Metals & Mining 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 Carawine Resources. Carawine Resources's current EBIT is A$-1.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carawine Resources stock overvalued right now?
Carawine Resources (ASX:CWX) has a current EBIT of A$-1.91 Mil. The current EBIT is A$-1.91 Mil. Carawine Resources' overall GF Score™ is 9/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Carawine Resources (ASX:CWX), the current EBIT is A$-1.91 Mil as of Dec. 2024. 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.

Carawine Resources Business Description

Address 18 Kings Park Road, Level 1, West Perth, WA, AUS, 6005
Carawine Resources Ltd is a mineral exploration company. It focuses on the exploration and development of gold, copper, cobalt, and base metal within Western Australia and Victoria. The company has five exploration projects: the Jamieson project, Tropicana North Project, Oakover project, Paterson project, and Fraser Range project.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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