GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Win Metals Ltd (ASX:WIN) » Definitions » EBIT

Win Metals (ASX:WIN) EBIT : A$-2.44 Mil (TTM As of Dec. 2023)


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

What is Win Metals EBIT?

Win Metals's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-1.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.44 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Win Metals's annualized ROC % for the quarter that ended in Dec. 2023 was -6.27%. Win Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Win Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -37.23%.

Win Metals EBIT Historical Data

The historical data trend for Win 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.

Win Metals EBIT Chart

Win Metals Annual Data
Trend Jun23 Jun24
EBIT
-2.26 -2.44

Win Metals Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial -1.25 -1.19 -1.07 -1.09 -1.35

Competitive Comparison of Win Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Win 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.

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

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

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


Win 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-2.44 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.

Win Metals  (ASX:WIN) EBIT Explanation

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

Win Metals'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 )
=-2.396 * ( 1 - 0% )/( (35.085 + 41.322)/ 2 )
=-2.396/38.2035
=-6.27 %

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))
=46.958 - 3.303 - ( 11.845 - max(0, 3.543 - 12.113+11.845))
=35.085

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))
=43.827 - 1.26 - ( 2.585 - max(0, 1.473 - 2.718+2.585))
=41.322

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:

Win Metals'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 )
=-2.184/( ( (34.756 + max(-3.241, 0)) + (41.019 + max(-1.179, 0)) )/ 2 )
=-2.184/( ( 34.756 + 41.019 )/ 2 )
=-2.184/37.8875
=-5.76 %

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)
=(0.004 + 0 + 0.131) - (3.303 + 0 + 0.073)
=-3.241

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.073 + 0 + 0.06) - (1.26 + 0 + 0.052)
=-1.179

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-2.444/6.565
=-37.23 %

* 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.

Win Metals EBIT Related Terms

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

Win Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Win Metals Ltd (ASX:WIN) » Definitions » EBIT
Comparable Companies
ASX:NVA ASX:LPM ASX:AZL ASX:TZN ASX:STM ASX:AMN ASX:CAY ASX:TMT ASX:CY5 ASX:NWC ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL MEX:GMEXICOB MIC:GMKN
Traded in Other Exchanges
WDGNF:USA
Address
220 St Georges Terrace, Level 4, Perth, WA, AUS, 6000
Website
https://www.widgienickel.com.au
Win Metals Ltd is a nickel exploration and development company. It holds a vast 240km package of granted mining leases inside the renowned Eastern Goldfields of Western Australia, with exposure to the critical minerals of lithium and nickel.

Win Metals Headlines

No Headlines