Gold Road Resources (ASX:GOR) EBIT : A$209.0 Mil (TTM As of Dec. 2024)

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What is Gold Road Resources EBIT?

Gold Road Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$145.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$209.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gold Road Resources's annualized ROC % for the quarter that ended in Dec. 2024 was 17.20%. Gold Road Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 52.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gold Road Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 8.24%.

Gold Road Resources EBIT Historical Data

The historical data trend for Gold Road 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.

Gold Road Resources EBIT Chart

Gold Road Resources Annual Data

Trend

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

EBIT

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121.05

55.04

94.52

170.41

209.05

Gold Road Resources 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															36.99	82.41	88.00	63.40	145.65

Competitive Comparison of Gold Road Resources's EBIT

For the Gold subindustry, Gold Road 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.

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

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

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

Gold Road 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$209.0 Mil.

Gold Road Resources (ASX:GOR) EBIT Explanation

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

Gold Road 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 )
=	291.536 * ( 1 - 29.83% )	/	( (1038.443	+	1340.647)	/ 2 )
=	204.5708112	/	1189.545
=	17.20 %

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	))
=	1155.772	-	41.583	-	( 79.412	-	max(0, 59.996	-	135.742	+	79.412	))
=	1038.443

	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	))
=	1536.065	-	52.654	-	( 166.276	-	max(0, 74.933	-	217.697	+	166.276	))
=	1340.647

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:

Gold Road 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 )
=	291.298	/	( ( (538.979 + max(9.392, 0))	+	(562.804 + max(-15.269, 0)) )	/	2 )
=	291.298	/	( ( 548.371	+	562.804 )	/	2 )
=	291.298	/	555.5875
=	52.43 %

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)
=	(6.957	+	47.723	+	1.65)	-	(41.583	+	0	+	5.355)
=	9.392

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	41.163	+	4.715)	-	(52.654	+	2.817	+	5.676)
=	-15.269

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	209.045	/	2535.891
	=	8.24 %

Gold Road Resources EBIT Related Terms

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Gold Road Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Road Resources Ltd (ASX:GOR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

ELKMF:USA E6Q:Germany

Address

26 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.goldroad.com.au

Gold Road Resources Ltd together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company has four segments: Operations (Gruyere joint operation), Exploration (mineral exploration activities), Investment (equity securities investments), and Unallocated (corporate expenditures and non-attributable items). Exploration activities on Gruyere JV tenements fall under the Exploration segment out of which the majority of the revenue is generated from the Operations segment.

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