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Nexus Minerals (ASX:NXM) EBIT : A$-3.17 Mil (TTM As of Dec. 2023)


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What is Nexus Minerals EBIT?

Nexus Minerals's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-1.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.17 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nexus Minerals's annualized ROC % for the quarter that ended in Dec. 2023 was -201.71%. Nexus Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -236.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nexus Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -13.58%.


Nexus Minerals EBIT Historical Data

The historical data trend for Nexus 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.

Nexus Minerals EBIT Chart

Nexus Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.99 -2.16 -21.09 -8.82 -3.17

Nexus Minerals Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -14.45 -6.37 -2.45 -1.76 -1.41

Competitive Comparison of Nexus Minerals's EBIT

For the Gold subindustry, Nexus 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.


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

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

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



Nexus 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-3.17 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.


Nexus Minerals  (ASX:NXM) EBIT Explanation

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

Nexus Minerals'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 )
=-3.768 * ( 1 - 0% )/( (1.913 + 1.823)/ 2 )
=-3.768/1.868
=-201.71 %

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:

Nexus Minerals'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 )
=-3.516/( ( (1.523 + max(-0.219, 0)) + (1.453 + max(-0.124, 0)) )/ 2 )
=-3.516/( ( 1.523 + 1.453 )/ 2 )
=-3.516/1.488
=-236.29 %

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 + 0.205) - (0.299 + 0 + 0.125)
=-0.219

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.099 + 0 + 0.102) - (0.175 + 0 + 0.15)
=-0.124

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-3.17/23.340
=-13.58 %

* 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.


Nexus Minerals EBIT Related Terms

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Nexus Minerals Business Description

Traded in Other Exchanges
Address
41-47 Colin Street, West Perth, Perth, WA, AUS, 6005
Nexus Minerals Ltd is a gold exploration company operating in Australia. The company is engaged in exploring gold deposits in Eastern Goldfields of Western Australia. The projects of the company include Pinnacles joint venture gold, pinnacles regional gold, Wallbrook gold project, Bethanga Porphyry Copper-Gold Project and Mt Celia gold project.

Nexus Minerals Headlines

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