Thomson Resources (ASX:TMZO) EBIT: A$-0.87 Mil (TTM As of Dec. 2023)


What is Thomson Resources EBIT?

Thomson Resources ASX:TMZO EBIT is A$-0.87 Mil as of Dec. 2023. The stock has 4 warning signs investors should review.

Thomson Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-0.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.87 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thomson Resources's annualized ROC % for the quarter that ended in Dec. 2023 was -6.13%. Thomson Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -8.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Thomson Resources  (ASX:TMZO) EBIT Explanation

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

Thomson Resources'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 )
=-1.522 * ( 1 - 0% )/( (24.763 + 24.874)/ 2 )
=-1.522/24.8185
=-6.13 %

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))
=24.696 - 5.338 - ( 0.1 - max(0, 5.541 - 0.136+0.1))
=24.763

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))
=24.584 - 5.659 - ( 0.048 - max(0, 6.026 - 0.077+0.048))
=24.874

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:

Thomson Resources'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 )
=-1.522/( ( (18.238 + max(-5.534, 0)) + (18.196 + max(-5.767, 0)) )/ 2 )
=-1.522/( ( 18.238 + 18.196 )/ 2 )
=-1.522/18.217
=-8.35 %

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)
=(0.007 + 0 + 0) - (5.338 + 0 + 0.203)
=-5.534

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.029 + 0 + 0) - (5.659 + 0 + 0.137)
=-5.767

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.865/0.000
= %

* 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.

Thomson Resources EBIT Related Terms

Thomson Resources EBIT Historical Data

* Premium members only.

The historical data trend for Thomson 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.

Thomson Resources EBIT Chart

Thomson Resources 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 -0.46 -3.49 -3.18 -20.33 -0.87

Thomson Resources 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 -1.72 -3.17 -17.17 -0.76 -0.10

ASX:TMZO vs BHPBF: EBIT Comparison

For the Other Industrial Metals & Mining subindustry, Thomson 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.

Thomson Resources EV-to-EBIT vs Metals & Mining Industry

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

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


Thomson 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.87 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$-0.87 Mil mean?
Thomson Resources (ASX:TMZO) has a EBIT of A$-0.87 Mil as of Dec. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Thomson Resources.
Is Thomson Resources' EBIT too high?
Thomson Resources' current EBIT is A$-0.87 Mil.
How does Thomson Resources' EBIT compare to BHPBF?
Thomson Resources' EBIT of A$-0.87 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Thomson Resources. Thomson Resources's current EBIT is A$-0.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thomson Resources stock overvalued right now?
Thomson Resources (ASX:TMZO) has a current EBIT of A$-0.87 Mil. The current EBIT is A$-0.87 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Thomson Resources (ASX:TMZO), the current EBIT is A$-0.87 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Thomson Resources Business Description

Address 63 Sinclair Street, Wollstonecraft, NSW, AUS, 2065
Silver Metal Group Ltd, formerly Thomson Resources Ltd is an Australian-based exploration company, which is focused on the discovery and development of mineral deposits within the New England Fold Belt of Northern NSW. The company explores gold, silver, tin, copper, and base metals. The company focuses on the Texas Silver Project, Mt Carrington Silver & Gold Project, Conrad Silver Project, Webbs Silver Project, Harry Smith Gold Project, Yalgogrin Gold Project, Bygoo Tin Project, Chillagoe Gold Project, and Other Projects.