Bacanora Lithium (Bacanora Lithium) EBIT : $29.15 Mil (TTM As of Jun. 2021)

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What is Bacanora Lithium EBIT?

Bacanora Lithium's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2021 was $35.96 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2021 was $29.15 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bacanora Lithium's annualized ROC % for the quarter that ended in Jun. 2021 was -8.65%. Bacanora Lithium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was 428.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bacanora Lithium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was 11.36%.

Bacanora Lithium EBIT Historical Data

The historical data trend for Bacanora Lithium'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.

Bacanora Lithium EBIT Chart

Bacanora Lithium Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Dec20

EBIT

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-5.87

-6.17

-12.85

-8.29

-9.01

Bacanora Lithium Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
EBIT	Get a 7-Day Free Trial															-5.32	-3.40	-2.20	-6.81	35.96

Competitive Comparison of Bacanora Lithium's EBIT

For the Other Industrial Metals & Mining subindustry, Bacanora Lithium'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.

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

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

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

Bacanora Lithium 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $29.15 Mil.

Bacanora Lithium (OTCPK:BCLMF) EBIT Explanation

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

Bacanora Lithium's annualized ROC % for the quarter that ended in Jun. 2021 is calculated as:

	ROC % (Q: Jun. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2020 )	+	Invested Capital (Q: Jun. 2021 ))	/ count )
=	-4.766 * ( 1 - 0.01% )	/	( (42.13	+	68.053)	/ 2 )
=	-4.7655234	/	55.0915
=	-8.65 %

where

	Invested Capital		(Q: Dec. 2020 )
=	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	))
=	81.938	-	0.57	-	( 39.238	-	max(0, 1.329	-	41.283	+	39.238	))
=	42.13

	Invested Capital		(Q: Jun. 2021 )
=	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	))
=	195.953	-	0.328	-	( 130.75	-	max(0, 3.58	-	131.152	+	130.75	))
=	68.053

Note: The Operating Income data used here is two times the semi-annual (Jun. 2021) data.

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

Bacanora Lithium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2020		Q: Jun. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	71.914	/	( ( (32.789 + max(0.716, 0))	+	(0 + max(0.072999999999986, 0)) )	/	2 )
=	71.914	/	( ( 33.505	+	0.072999999999986 )	/	2 )
=	71.914	/	16.789
=	428.34 %

where Working Capital is:

	Working Capital		(Q: Dec. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	2.045)	-	(0.57	+	0	+	0.759)
=	0.716

	Working Capital		(Q: Jun. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.40199999999999)	-	(0.328	+	0	+	0.0010000000000003)
=	0.072999999999986

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2021) EBIT data.

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

Bacanora Lithium's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2021 )
	=	29.151	/	256.603
	=	11.36 %

Bacanora Lithium EBIT Related Terms

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Bacanora Lithium (Bacanora Lithium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bacanora Lithium PLC (OTCPK:BCLMF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Clubhouse, 8 St. James's Square, London, GBR, SW1Y 4JU

Website

https://www.bacanoralithium.com

Bacanora Lithium PLC is a United Kingdom based mining exploration company. The company operates in three operating segments which include the exploration and development of mineral properties in Mexico through the development of the Sonora mining concessions and the investment in Zinnwald Lithium Plc.