GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kingsgate Consolidated Ltd (ASX:KCN) » Definitions » EBIT

Kingsgate Consolidated (ASX:KCN) EBIT : A$21.59 Mil (TTM As of Dec. 2023)


View and export this data going back to 1988. Start your Free Trial

What is Kingsgate Consolidated EBIT?

Kingsgate Consolidated's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-15.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$21.59 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kingsgate Consolidated's annualized ROC % for the quarter that ended in Dec. 2023 was -29.74%. Kingsgate Consolidated's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -48.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kingsgate Consolidated's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.31%.


Kingsgate Consolidated EBIT Historical Data

The historical data trend for Kingsgate Consolidated'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.

Kingsgate Consolidated EBIT Chart

Kingsgate Consolidated Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.41 -22.72 -7.49 -10.50 11.06

Kingsgate Consolidated Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.02 -7.48 -25.55 36.62 -15.02

Competitive Comparison of Kingsgate Consolidated's EBIT

For the Gold subindustry, Kingsgate Consolidated'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.


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

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

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



Kingsgate Consolidated 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$21.59 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.


Kingsgate Consolidated  (ASX:KCN) EBIT Explanation

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

Kingsgate Consolidated's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-30.156 * ( 1 - 0% )/( (96.788 + 106.007)/ 2 )
=-30.156/101.3975
=-29.74 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Kingsgate Consolidated's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-30.046/( ( (26.556 + max(23.914, 0)) + (39.289 + max(34.285, 0)) )/ 2 )
=-30.046/( ( 50.47 + 73.574 )/ 2 )
=-30.046/62.022
=-48.44 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.28 + 34.8 + 1.159) - (16.889 + 0 + 2.436)
=23.914

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.88 + 40.937 + 10.27) - (26.496 + 0 + 2.306)
=34.285

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Kingsgate Consolidated's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=21.594/501.517
=4.31 %

* 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.


Kingsgate Consolidated EBIT Related Terms

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


Kingsgate Consolidated (ASX:KCN) Business Description

Traded in Other Exchanges
Address
200 George Street, Level 31, Sydney, NSW, AUS, 2000
Kingsgate Consolidated Ltd is engaged in gold and silver mining, development, and exploration company based in Sydney, Australia. Its operating segment includes Chatree Gold Mine, Thailand, and Nueva Esperanza Gold/Silver Project, Chile. The company derives maximum revenue from the Chatree Gold Mine project.

Kingsgate Consolidated (ASX:KCN) Headlines

No Headlines