Yari Minerals (ASX:YAR) EBIT : A$-3.80 Mil (TTM As of Jun. 2024)

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What is Yari Minerals EBIT?

Yari Minerals's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was A$-0.35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was A$-3.80 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yari Minerals's annualized ROC % for the quarter that ended in Jun. 2024 was -19,460.00%. Yari Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -6,940.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yari Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 114.20%.

Yari Minerals EBIT Historical Data

The historical data trend for Yari 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.

Yari Minerals EBIT Chart

Yari Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-1.19

-2.19

-2.63

-2.46

-6.48

Yari 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															-1.92	-0.54	-3.03	-3.45	-0.35

Competitive Comparison of Yari Minerals's EBIT

For the Other Industrial Metals & Mining subindustry, Yari 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.

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

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

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

Yari 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-3.80 Mil.

Yari Minerals (ASX:YAR) EBIT Explanation

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

Yari Minerals's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-1.946 * ( 1 - 0% )	/	( (0.012	+	0.008)	/ 2 )
=	-1.946	/	0.0099999999999998
=	-19,460.00 %

where

	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	))
=	5.244	-	0.382	-	( 5.143	-	max(0, 0.382	-	5.232	+	5.143	))
=	0.012

	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	))
=	3.193	-	0.221	-	( 3.139	-	max(0, 0.221	-	3.185	+	3.139	))
=	0.008

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Yari Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.694	/	( ( (0.012 + max(-0.315, 0))	+	(0.008 + max(-0.175, 0)) )	/	2 )
=	-0.694	/	( ( 0.012	+	0.008 )	/	2 )
=	-0.694	/	0.01
=	-6,940.00 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.067)	-	(0.382	+	0	+	0)
=	-0.315

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.046	+	0	+	4.4408920985006E-16)	-	(0.221	+	0	+	0)
=	-0.175

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-3.795	/	-3.323
	=	114.20 %

Yari Minerals EBIT Related Terms

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Yari Minerals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

WEST PERTH, P.O. Box 839, Perth, WA, AUS, 6872

Website

https://www.yariminerals.com.au

Yari Minerals Ltd owns 100% interests in the Pilbara Lithium and Wandagee Projects, which comprise approximately 1,400km2 in 6 granted exploration licenses located in the Pilbara and Gascoyne regions of Western Australia. The principal activity of the Company during the course of the reporting period was the mining of zinc and lead ores at its Plomosas Project. The Company considers that it has only operated in one reportable segment, being minerals exploration, development and production in Mexico.

Yari Minerals Headlines

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