ATXRF (ATEX Resources) EBIT: $-37.30 Mil (TTM As of Mar. 2026)

What is ATEX Resources EBIT?

ATEX Resources ATXRF 34 EBIT is $-37.30 Mil as of Mar. 2026. GuruFocus rates ATXRF with a GF Score™ of 34/100. The stock has 2 warning signs investors should review.

ATEX Resources's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-19.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-37.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ATEX Resources's annualized ROC % for the quarter that ended in Mar. 2026 was -325.09%. ATEX Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -327.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ATEX Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.86%.

ATEX Resources (OTCPK:ATXRF) EBIT Explanation

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

ATEX Resources's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-79.248 * ( 1 - 0% )	/	( (24.562	+	24.193)	/ 2 )
=	-79.248	/	24.3775
=	-325.09 %

where

	Invested Capital		(Q: Sep. 2025 )
=	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	))
=	37.657	-	4.046	-	( 11.582	-	max(0, 4.102	-	13.151	+	11.582	))
=	24.562

	Invested Capital		(Q: Mar. 2026 )
=	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	))
=	141.533	-	8.782	-	( 117.121	-	max(0, 9.321	-	117.879	+	117.121	))
=	24.193

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

ATEX Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-76.804	/	( ( (23.331 + max(-2.477, 0))	+	(23.536 + max(-8.86, 0)) )	/	2 )
=	-76.804	/	( ( 23.331	+	23.536 )	/	2 )
=	-76.804	/	23.4335
=	-327.75 %

where Working Capital is:

	Working Capital		(Q: Sep. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.445	+	0	+	1.124)	-	(4.046	+	0	+	0)
=	-2.477

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.40300000000001)	-	(8.782	+	0	+	0.481)
=	-8.86

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	-37.298	/	543.892
	=	-6.86 %

* 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.

ATEX Resources EBIT Related Terms

ATEX Resources EBIT Historical Data

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The historical data trend for ATEX Resources's EBIT can be seen below:

ATEX Resources EBIT Chart

ATEX Resources Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

EBIT

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-0.89

-0.69

-7.53

-21.70

-19.01

ATEX Resources Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Mar26
EBIT	Get a 7-Day Free Trial															-17.44	-13.80	-10.49	-7.61	-19.20

ATXRF vs NEM, AU: EBIT Comparison

For the Gold subindustry, ATEX 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.

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

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

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

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34GF Score

ATEX Resources Inc ATXRF

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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ATEX 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-37.30 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-37.30 Mil mean?

ATEX Resources (ATXRF) has a EBIT of $-37.30 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ATEX Resources.

Is ATEX Resources' EBIT too high?

ATEX Resources' current EBIT is $-37.30 Mil. Overall, ATEX Resources has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.

How does ATEX Resources' EBIT compare to NEM and AU?

ATEX Resources' EBIT of $-37.30 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 ATEX Resources. ATEX Resources's current EBIT is $-37.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is ATEX Resources stock overvalued right now?

ATEX Resources (ATXRF) has a current EBIT of $-37.30 Mil. The current EBIT is $-37.30 Mil. ATEX Resources' overall GF Score™ is 34/100 with 2 warning signs to review. 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 ATEX Resources (ATXRF), the current EBIT is $-37.30 Mil as of Mar. 2026. 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.

ATEX Resources Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSXV:NFG TSXV:MKO TSX:ITH TSXV:GRZ TSXV:ODV TSXV:ASE TSX:LGD TSXV:THX TSXV:AUXX TSX:GAU SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM AU TSX:FNV HKSE:02259 TSX:K JSE:GFI

Other Exchanges ATX:Canada

Address 360 Bay Street, Suite 1001, Toronto, ON, CAN, M5H 2V6

Website https://www.atexresources.com

ATEX Resources Inc is a minerals exploration company engaged in the acquisition and development of properties located in Chile. In addition, the firm also holds an interest in Valeriano Property and other Exploration Projects. The company is focused on delineating and growing the copper-gold porphyry resource underlying a surface oxide gold deposit.

34GF Score

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