Heavy Minerals (ASX:HVY) EBIT: A$-1.64 Mil (TTM As of Dec. 2025)


ASX:HVY Heavy Minerals Ltd ASX:HVY
29 GF Score
Price A$0.40
! 3 Warning Signs
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What is Heavy Minerals EBIT?

Heavy Minerals ASX:HVY -4.82% 29 EBIT is A$-1.64 Mil as of Dec. 2025. GuruFocus rates ASX:HVY with a GF Score™ of 29/100. The stock has 3 warning signs investors should review.

Heavy Minerals's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$-0.66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.64 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Heavy Minerals's annualized ROC % for the quarter that ended in Dec. 2025 was -21.40%. Heavy Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -24.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Heavy Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -5.28%.

Heavy Minerals  (ASX:HVY) EBIT Explanation

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

Heavy Minerals's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-1.36 * ( 1 - 0% )/( (5.1 + 7.612)/ 2 )
=-1.36/6.356
=-21.40 %

where

Invested Capital(Q: Jun. 2025 )
=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))
=5.305 - 0.568 - ( 0.033 - max(0, 0.635 - 0.272+0.033))
=5.1

Invested Capital(Q: Dec. 2025 )
=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))
=5.896 - 0.701 - ( 0.038 - max(0, 2.633 - 0.216+0.038))
=7.612

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Heavy Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.322/( ( (5.034 + max(-0.576, 0)) + (5.679 + max(-0.523, 0)) )/ 2 )
=-1.322/( ( 5.034 + 5.679 )/ 2 )
=-1.322/5.3565
=-24.68 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.035) - (0.568 + 0 + 0.043)
=-0.576

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.032 + 0 + 0.146) - (0.701 + 0 + 0)
=-0.523

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Heavy Minerals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-1.643/31.099
=-5.28 %

* 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.

Heavy Minerals EBIT Related Terms

Heavy Minerals EBIT Historical Data

* Premium members only.

The historical data trend for Heavy Minerals'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.

Heavy Minerals EBIT Chart

Heavy Minerals Annual Data
Trend Jun22 Jun23 Jun24 Jun25
EBIT
-1.03 -1.17 -1.14 -1.47

Heavy Minerals Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.65 -0.48 -0.49 -0.98 -0.66

Heavy Minerals EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Heavy Minerals'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.

Heavy Minerals EV-to-EBIT vs Metals & Mining Industry

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

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


ASX:HVY
29GF Score
Heavy Minerals Ltd ASX:HVY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Heavy Minerals 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. 2025 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$-1.64 Mil mean?
Heavy Minerals (ASX:HVY) has a EBIT of A$-1.64 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Heavy Minerals.
Is Heavy Minerals' EBIT too high?
Heavy Minerals' current EBIT is A$-1.64 Mil. Overall, Heavy Minerals has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Heavy Minerals' EBIT compare to competitors?
Heavy Minerals' EBIT of A$-1.64 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 Heavy Minerals. Heavy Minerals's current EBIT is A$-1.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heavy Minerals stock overvalued right now?
Heavy Minerals (ASX:HVY) has a current EBIT of A$-1.64 Mil. The current EBIT is A$-1.64 Mil. Heavy Minerals' overall GF Score™ is 29/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Heavy Minerals (ASX:HVY), the current EBIT is A$-1.64 Mil as of Dec. 2025. 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.

Heavy Minerals Business Description

Address 216 St Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000
Heavy Minerals Ltd is a mineral exploration and development company focused on discovering mineral resources. The company operates mainly in mineral exploration through key projects, including the Port Gregory Project, Red Hill Project, and the Inhambane Heavy Mineral Project in Mozambique, which contains a substantial ilmenite-dominated inferred mineral resource. the company Operating within a single business segment of exploration for minerals, the company's activities are spread across three geographic regions: Australia, Mauritius, and Mozambique.
29GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.40
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