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Antares Metals (ASX:AM5) EBIT : A$-12.35 Mil (TTM As of Dec. 2024)


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What is Antares Metals EBIT?

Antares Metals's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-3.40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$-12.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Antares Metals's annualized ROC % for the quarter that ended in Dec. 2024 was -99.15%. Antares Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -253.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Antares Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -1,004.88%.


Antares Metals EBIT Historical Data

The historical data trend for Antares 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.

Antares Metals EBIT Chart

Antares Metals Annual Data
Trend Jun22 Jun23 Jun24
EBIT
-1.88 -2.11 -15.61

Antares Metals Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
EBIT Get a 7-Day Free Trial -1.08 -1.03 -6.66 -8.95 -3.40

Competitive Comparison of Antares Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Antares 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.


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

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

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



Antares 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-12.35 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.


Antares Metals  (ASX:AM5) EBIT Explanation

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

Antares Metals'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 )
=-2.676 * ( 1 - 0% )/( (3.134 + 2.264)/ 2 )
=-2.676/2.699
=-99.15 %

where

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:

Antares Metals'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 )
=-6.804/( ( (3.109 + max(-0.291, 0)) + (2.253 + max(-0.537, 0)) )/ 2 )
=-6.804/( ( 3.109 + 2.253 )/ 2 )
=-6.804/2.681
=-253.79 %

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)
=(0.045 + 0 + 0.039) - (0.35 + 0 + 0.025)
=-0.291

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.116 + 0 + 0.016) - (0.658 + 0 + 0.011)
=-0.537

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-12.35/1.229
=-1,004.88 %

* 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.


Antares Metals EBIT Related Terms

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Antares Metals Business Description

Traded in Other Exchanges
N/A
Address
43 Ventnor Avenue, Level 1, West Perth, WA, AUS, 6005
Antares Metals Ltd is a multi-commodity, Australian-focused explorer with two district-scale exploration hubs located adjacent to established mine and processing infrastructure. The Company uses modern exploration methods and models to develop cost-effective exploration programs focused on discovery. Its projects include the Mt Isa North Copper-Uranium Project and the Carlingup Lithium-Nickel Project.

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