Lithium Plus Minerals (ASX:LPM) EBIT : A$-2.28 Mil (TTM As of Dec. 2024)

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What is Lithium Plus Minerals EBIT?

Lithium Plus Minerals's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-1.32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$-2.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lithium Plus Minerals's annualized ROC % for the quarter that ended in Dec. 2024 was -16.40%. Lithium Plus Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -15.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lithium Plus Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -46.79%.

Lithium Plus Minerals EBIT Historical Data

The historical data trend for Lithium Plus 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.

Lithium Plus Minerals EBIT Chart

Lithium Plus Minerals Annual Data

Trend

Jun23

Jun24

EBIT

-1.85

-2.08

Lithium Plus Minerals Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
EBIT	-0.93	-0.91	-1.12	-0.96	-1.32

Competitive Comparison of Lithium Plus Minerals's EBIT

For the Other Industrial Metals & Mining subindustry, Lithium Plus 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.

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

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

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

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Lithium Plus 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$-2.28 Mil.

Lithium Plus Minerals (ASX:LPM) EBIT Explanation

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

Lithium Plus 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 )
=	-2.738 * ( 1 - 0% )	/	( (15.752	+	17.63)	/ 2 )
=	-2.738	/	16.691
=	-16.40 %

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	))
=	22.703	-	0.505	-	( 6.701	-	max(0, 0.593	-	7.039	+	6.701	))
=	15.752

	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	))
=	22.067	-	0.263	-	( 4.277	-	max(0, 0.419	-	4.593	+	4.277	))
=	17.63

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:

Lithium Plus 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 )
=	-2.642	/	( ( (15.664 + max(-0.287, 0))	+	(17.474 + max(0.038, 0)) )	/	2 )
=	-2.642	/	( ( 15.664	+	17.512 )	/	2 )
=	-2.642	/	16.588
=	-15.93 %

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)	-	(0.505	+	0	+	0.015)
=	-0.287

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.125	+	0	+	0.191)	-	(0.263	+	0	+	0.015)
=	0.038

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	-2.28	/	4.873
	=	-46.79 %

Lithium Plus Minerals EBIT Related Terms

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Lithium Plus Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Plus Minerals Ltd (ASX:LPM) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

18-22 Pitt Street, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.lithiumplus.com.au

Lithium Plus Minerals Ltd is engaged in the mining and exploration of lithium. The projects of the company include Bynoe Lithium projects, Arunta Lithium projects, the Barrow Creek, Spotted Wonder and Moonlightand Wingate projects.

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