Lykos Metals (ASX:LYK) EBIT : A$-3.77 Mil (TTM As of Dec. 2023)

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What is Lykos Metals EBIT?

Lykos Metals's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-0.95 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.77 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lykos Metals's annualized ROC % for the quarter that ended in Dec. 2023 was -37.58%. Lykos Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -37.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lykos Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -78.04%.

Lykos Metals EBIT Historical Data

The historical data trend for Lykos Metals'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.

Lykos Metals EBIT Chart

Lykos Metals Annual Data

Trend

Jun22

Jun23

EBIT

-2.18

-4.80

Lykos Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	-1.02	-1.15	-1.98	-2.82	-0.95

Competitive Comparison of Lykos Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Lykos Metals'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.

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

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

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

Lykos Metals 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$-3.77 Mil.

Lykos Metals (ASX:LYK) EBIT Explanation

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

Lykos Metals'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 )
=	-1.894 * ( 1 - 0% )	/	( (5.019	+	5.061)	/ 2 )
=	-1.894	/	5.04
=	-37.58 %

where

	Invested Capital		(Q: Jun. 2023 )
=	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	))
=	6.982	-	0.07	-	( 1.893	-	max(0, 0.131	-	2.522	+	1.893	))
=	5.019

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	5.963	-	0.078	-	( 0.824	-	max(0, 0.099	-	1.406	+	0.824	))
=	5.061

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:

Lykos Metals'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 )
=	-1.894	/	( ( (4.46 + max(0.498, 0))	+	(4.557 + max(0.483, 0)) )	/	2 )
=	-1.894	/	( ( 4.958	+	5.04 )	/	2 )
=	-1.894	/	4.999
=	-37.89 %

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)
=	(0	+	0	+	0.629)	-	(0.07	+	0	+	0.061)
=	0.498

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.582)	-	(0.078	+	0	+	0.021)
=	0.483

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:

Lykos Metals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-3.767	/	4.827
	=	-78.04 %

Lykos Metals EBIT Related Terms

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Lykos Metals (ASX:LYK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lykos Metals Ltd (ASX:LYK) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

152 -158 Saint Georges Terrace, Level 48, Central Park, Perth, WA, AUS, 6000

Website

https://www.lykosmetals.com

Lykos Metals Ltd is a mineral exploration company. It has acquired three battery metals projects in Bosnia-Herzegovina. Its projects include Sinjakovo Project; Cajnice Project, Jezero Project and Sockovac Project. The projects have a history of high-grade minerals discovery and extraction and are prospective for nickel, copper, cobalt, precious metals, and potentially also lithium and REE.

Lykos Metals (ASX:LYK) Headlines

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