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

Firebird Metals (ASX:FRB) EBIT : A$-2.60 Mil (TTM As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Firebird Metals EBIT?

Firebird Metals's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-1.15 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$-2.60 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Firebird Metals's annualized ROC % for the quarter that ended in Dec. 2024 was -28.45%. Firebird Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -34.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Firebird Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -24.59%.

Firebird Metals EBIT Historical Data

The historical data trend for Firebird 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.

Firebird Metals EBIT Chart

Firebird Metals Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
- -3.39 -1.17 -0.95 -5.09

Firebird Metals Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
EBIT Get a 7-Day Free Trial -0.66 -0.29 -3.64 -1.45 -1.15

Competitive Comparison of Firebird Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Firebird 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.

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

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

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


Firebird 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$-2.60 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.

Firebird Metals  (ASX:FRB) EBIT Explanation

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

Firebird 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 )
=-2.302 * ( 1 - 0% )/( (7.571 + 8.614)/ 2 )
=-2.302/8.0925
=-28.45 %

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))
=12.884 - 0.246 - ( 5.067 - max(0, 0.246 - 5.422+5.067))
=7.571

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))
=11.973 - 0.283 - ( 3.076 - max(0, 0.283 - 3.373+3.076))
=8.614

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:

Firebird 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 )
=-2.302/( ( (6.155 + max(-0.013, 0)) + (7.231 + max(0.014, 0)) )/ 2 )
=-2.302/( ( 6.155 + 7.245 )/ 2 )
=-2.302/6.7
=-34.36 %

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 + 0.233) - (0.246 + 0 + 0)
=-0.013

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.297 + 0 + 0) - (0.283 + 0 + 0)
=0.014

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-2.604/10.591
=-24.59 %

* 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.

Firebird Metals EBIT Related Terms

Thank you for viewing the detailed overview of Firebird Metals's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Firebird Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Firebird Metals Ltd (ASX:FRB) » Definitions » EBIT
Comparable Companies
ASX:DYM ASX:AUZ ASX:AR3 ASX:RWD ASX:JLL ASX:DKM ASX:HLX ASX:KNI ASX:EG1 ASX:VR8 ASX:BHP ASX:RIO LSE:RIO SAU:1211 LSE:GLEN BSP:VALE3 MEX:GMEXICOB LSE:AAL ASX:FMG MIC:GMKN
Traded in Other Exchanges
FRBMF:USA 7Y2:Germany
Address
460 Stirling Highway, Unit 38, Peppermint Grove, Perth, WA, AUS, 6011
Website
https://www.firebirdmetals.com.au
Firebird Metals Ltd is engaged in the exploration and development of mineral properties in Australia. Its project includes Oakover Project, Hill 616 Project, Wandanya Project and Other Manganese Projects.

Firebird Metals Headlines

No Headlines