Breakthrough Minerals (ASX:BTM) EBIT : A$-2.08 Mil (TTM As of Dec. 2024)

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What is Breakthrough Minerals EBIT?

Breakthrough Minerals's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-1.54 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$-2.08 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Breakthrough Minerals's annualized ROC % for the quarter that ended in Dec. 2024 was -59.71%. Breakthrough Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -71.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Breakthrough Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -80.13%.

Breakthrough Minerals EBIT Historical Data

The historical data trend for Breakthrough 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.

* Premium members only.

Breakthrough Minerals EBIT Chart

Breakthrough Minerals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

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-16.55

-8.19

-2.46

-1.21

-1.13

Breakthrough Minerals 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															-0.85	-0.36	-0.59	-0.53	-1.54

Competitive Comparison of Breakthrough Minerals's EBIT

For the Other Industrial Metals & Mining subindustry, Breakthrough 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.

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

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

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

Breakthrough 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-2.08 Mil.

Breakthrough Minerals (ASX:BTM) EBIT Explanation

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

Breakthrough Minerals'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 )
=	-3.086 * ( 1 - 0% )	/	( (5.415	+	4.922)	/ 2 )
=	-3.086	/	5.1685
=	-59.71 %

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	))
=	5.809	-	0.251	-	( 1.181	-	max(0, 1.125	-	1.268	+	1.181	))
=	5.415

	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	))
=	5.153	-	0.192	-	( 0.998	-	max(0, 1.066	-	1.105	+	0.998	))
=	4.922

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:

Breakthrough Minerals'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 )
=	-3.086	/	( ( (4.541 + max(-1.093, 0))	+	(4.048 + max(-0.959, 0)) )	/	2 )
=	-3.086	/	( ( 4.541	+	4.048 )	/	2 )
=	-3.086	/	4.2945
=	-71.86 %

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	+	0.032)	-	(0.251	+	0	+	0.874)
=	-1.093

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.106	+	0	+	0.00099999999999989)	-	(0.192	+	0	+	0.874)
=	-0.959

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	-2.077	/	2.592
	=	-80.13 %

Breakthrough Minerals EBIT Related Terms

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Breakthrough Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Breakthrough Minerals Ltd (ASX:BTM) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Park Street, Level 40, Sydney, NSW, AUS, 2000

Website

https://breakthroughminerals.com.au

Breakthrough Minerals Ltd is an environmentally responsible, diversified mining and energy group with a core focus on battery, base, and precious metals exploration. Its goal is to support decarbonization and electrification for a clean energy future. The group currently focuses on the development of prospective and underexplored projects in Australia: the Llama Lithium Project and the Yalgarra Project.