Sheffield Resources (ASX:SFX) EBIT : A$-31.92 Mil (TTM As of Dec. 2024)

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What is Sheffield Resources EBIT?

Sheffield Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-1.82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$-31.92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sheffield Resources's annualized ROC % for the quarter that ended in Dec. 2024 was -3.12%. Sheffield Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -95.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sheffield Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -42.83%.

Sheffield Resources EBIT Historical Data

The historical data trend for Sheffield Resources'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.

Sheffield Resources EBIT Chart

Sheffield Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

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-8.64

32.54

24.99

-8.61

-32.19

Sheffield Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
EBIT	Get a 7-Day Free Trial															-1.99	-6.62	-2.09	-30.10	-1.82

Competitive Comparison of Sheffield Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Sheffield Resources'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.

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

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

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

Sheffield Resources 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$-31.92 Mil.

Sheffield Resources (ASX:SFX) EBIT Explanation

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

Sheffield Resources'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 )
=	-3.64 * ( 1 - 0% )	/	( (128.789	+	104.875)	/ 2 )
=	-3.64	/	116.832
=	-3.12 %

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	))
=	138.577	-	0.304	-	( 9.878	-	max(0, 0.447	-	9.931	+	9.878	))
=	128.789

	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	))
=	113.247	-	0	-	( 8.372	-	max(0, 0	-	8.425	+	8.372	))
=	104.875

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:

Sheffield Resources'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 )
=	-3.64	/	( ( (3.774 + max(-0.424, 0))	+	(3.774 + max(0.053, 0)) )	/	2 )
=	-3.64	/	( ( 3.774	+	3.827 )	/	2 )
=	-3.64	/	3.8005
=	-95.78 %

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)
=	(0.023	+	0	+	-1.7763568394003E-15)	-	(0.304	+	0	+	0.143)
=	-0.424

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.053	+	0	+	0)	-	(0	+	0	+	0)
=	0.053

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:

Sheffield Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	-31.921	/	74.537
	=	-42.83 %

Sheffield Resources EBIT Related Terms

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Sheffield Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sheffield Resources Ltd (ASX:SFX) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

41 - 47 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.sheffieldresources.com.au/site/content

Sheffield Resources Ltd is an Australia-based company. Its principal activities are mineral sands development, exploration for mineral sands and base metals within the state of Western Australia. Its mineral sands projects comprise of the flagship high-grade, zircon-rich Thunderbird Mineral Sands Project; the Eneabba project; the McCalls chloride ilmenite project; the Central Canning project; and the Barton project. Its operating segments include South Atlantic project, Thunderbird project and Others.

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