ATLDF (Atlanta Gold) EBIT: $-0.40 Mil (TTM As of Sep. 2018)


What is Atlanta Gold EBIT?

Atlanta Gold ATLDF -99.92% EBIT is $-0.40 Mil as of Sep. 2018.

Atlanta Gold's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2018 was $-0.90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2018 was $-0.40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Atlanta Gold's annualized ROC % for the quarter that ended in Sep. 2018 was -0.40%. Atlanta Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2018 was -7.28%.

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

Atlanta Gold  (OTCPK:ATLDF) EBIT Explanation

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

Atlanta Gold's annualized ROC % for the quarter that ended in Sep. 2018 is calculated as:

ROC % (Q: Sep. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2018 ) + Invested Capital (Q: Sep. 2018 ))/ count )
=-0.248 * ( 1 - 0% )/( (61.459 + 61.792)/ 2 )
=-0.248/61.6255
=-0.40 %

where

Invested Capital(Q: Jun. 2018 )
=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))
=49.252 - 5.289 - ( 0.018 - max(0, 17.535 - 0.039+0.018))
=61.459

Invested Capital(Q: Sep. 2018 )
=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))
=49.39 - 5.626 - ( 0.002 - max(0, 18.042 - 0.014+0.002))
=61.792

Note: The Operating Income data used here is four times the quarterly (Sep. 2018) data.

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

Atlanta Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2018  Q: Sep. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.58/( ( (49.096 + max(-5.477, 0)) + (49.26 + max(-5.815, 0)) )/ 2 )
=-3.58/( ( 49.096 + 49.26 )/ 2 )
=-3.58/49.178
=-7.28 %

where Working Capital is:

Working Capital(Q: Jun. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.008) - (5.289 + 0 + 0.196)
=-5.477

Working Capital(Q: Sep. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.007) - (5.626 + 0 + 0.196)
=-5.815

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2018) EBIT data.

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

Atlanta Gold's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2018 )
=-0.396/0.000
= %

* 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.

Atlanta Gold EBIT Related Terms

Atlanta Gold EBIT Historical Data

* Premium members only.

The historical data trend for Atlanta Gold'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.

Atlanta Gold EBIT Chart

Atlanta Gold Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 2.87 7.43 -2.05 -6.25

Atlanta Gold Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -2.41 -1.95 1.13 1.33 -0.90

ATLDF vs OSTO, LKAI, GRMC: EBIT Comparison

For the Gold subindustry, Atlanta Gold'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.

Atlanta Gold EV-to-EBIT vs Metals & Mining Industry

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

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


Atlanta Gold 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 Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.40 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 $-0.40 Mil mean?
Atlanta Gold (ATLDF) has a EBIT of $-0.40 Mil as of Sep. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Atlanta Gold.
Is Atlanta Gold's EBIT too high?
Atlanta Gold's current EBIT is $-0.40 Mil.
How does Atlanta Gold's EBIT compare to OSTO and LKAI?
Atlanta Gold's EBIT of $-0.40 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 Atlanta Gold. Atlanta Gold's current EBIT is $-0.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlanta Gold stock overvalued right now?
Atlanta Gold (ATLDF) has a current EBIT of $-0.40 Mil. The current EBIT is $-0.40 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 Atlanta Gold (ATLDF), the current EBIT is $-0.40 Mil as of Sep. 2018. 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.

Atlanta Gold Business Description

Address 100 King Street West, Suite 5600 - First Canadian Place, Toronto, ON, CAN, M5X 1C9
Atlanta Gold Inc is a Canada-based junior gold exploration and development company. The company's segment is its operation in the United States. It is engaged in the exploration, environmental permitting, engineering and development of the Atlanta Gold project (Atlanta Project). The Atlanta Project is a gold exploration property, which is located near Atlanta, Idaho, the United States. The company also holds a leasehold interest on over five patented lode claims known as the Neal Property.