GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Strata Minerals Ltd (ASX:SMX) » Definitions » EBIT

Strata Minerals (ASX:SMX) EBIT : A$-2.87 Mil (TTM As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Strata Minerals EBIT?

Strata Minerals's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-1.70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$-2.87 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Strata Minerals's annualized ROC % for the quarter that ended in Dec. 2024 was -232.33%. Strata Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -239.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Strata Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -82.22%.

Strata Minerals EBIT Historical Data

The historical data trend for Strata 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.

Strata Minerals EBIT Chart

Strata Minerals Annual Data
Trend Jun21 Jun22 Jun23 Jun24
EBIT
-2.05 -3.05 -2.77 -2.11

Strata Minerals Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only -1.34 -1.44 -0.95 -1.17 -1.70

Competitive Comparison of Strata Minerals's EBIT

For the Other Precious Metals & Mining subindustry, Strata 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.

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

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

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


;
;

Strata 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$-2.87 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.

Strata Minerals  (ASX:SMX) EBIT Explanation

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

Strata 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 )
=-3.428 * ( 1 - 0% )/( (1.814 + 1.137)/ 2 )
=-3.428/1.4755
=-232.33 %

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))
=2.831 - 0.315 - ( 0.841 - max(0, 0.317 - 1.019+0.841))
=1.814

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))
=3.231 - 0.374 - ( 1.973 - max(0, 0.378 - 2.098+1.973))
=1.137

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:

Strata 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 )
=-3.408/( ( (1.758 + max(-0.257, 0)) + (1.088 + max(-0.253, 0)) )/ 2 )
=-3.408/( ( 1.758 + 1.088 )/ 2 )
=-3.408/1.423
=-239.49 %

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 + 0.06) - (0.315 + 0 + 0.002)
=-0.257

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.05 + 0 + 0.075) - (0.374 + 0 + 0.004)
=-0.253

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-2.872/3.493
=-82.22 %

* 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.

Strata Minerals EBIT Related Terms

Thank you for viewing the detailed overview of Strata Minerals's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Strata Minerals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Strata Minerals Ltd (ASX:SMX) » Definitions » EBIT
Comparable Companies
ASX:RON ASX:LMS ASX:FME ASX:MHM ASX:SLA ASX:ALV ASX:T88 ASX:FRS ASX:PKO ASX:HAR ISX:AMMN JSE:AMS LSE:FRES SZSE:000975 JSE:IMP OICT TSX:TFPM LIM:BUENAVC1 HL JSE:SSW
Traded in Other Exchanges
N/A
Address
191 St Georges Terrace, Level 5, Perth, WA, AUS, 6000
Website
https://www.stratamineralslimited.com
Strata Minerals Ltd is an exploration company with a strategic focus on acquiring, exploring and developing mineral projects in world-class jurisdictions. The Company's focus is the Penny South Gold Project in Western Australia, while advancing the Elliot Lake Uranium Project which is prospective for uranium and rare earths, and the Biranup Project which is prospective for gold.