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CMTNF (Cullinan Metals) EBIT : $-0.28 Mil (TTM As of Dec. 2024)


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What is Cullinan Metals EBIT?

Cullinan Metals's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was $-0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was $-0.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cullinan Metals's annualized ROC % for the quarter that ended in Dec. 2024 was -167.01%. Cullinan Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -171.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cullinan Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -61.95%.


Cullinan Metals EBIT Historical Data

The historical data trend for Cullinan 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.

Cullinan Metals EBIT Chart

Cullinan Metals Annual Data
Trend Jun21 Jun22 Jun23 Jun24
EBIT
-0.02 -0.27 -0.77 -0.95

Cullinan Metals Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.50 -0.06 -0.10 -0.03 -0.08

Competitive Comparison of Cullinan Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Cullinan 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.


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

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

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



Cullinan 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.28 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.


Cullinan Metals  (OTCPK:CMTNF) EBIT Explanation

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

Cullinan Metals's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-0.324 * ( 1 - 0% )/( (0.204 + 0.184)/ 2 )
=-0.324/0.194
=-167.01 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

Cullinan Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.324/( ( (0.193 + max(-0.068, 0)) + (0.184 + max(-0.122, 0)) )/ 2 )
=-0.324/( ( 0.193 + 0.184 )/ 2 )
=-0.324/0.1885
=-171.88 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.041 + 0 + 0.025) - (0.124 + 0 + 0.01)
=-0.068

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.055 + 0 + 0.008) - (0.185 + 0 + 0)
=-0.122

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-0.28/0.452
=-61.95 %

* 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.


Cullinan Metals EBIT Related Terms

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Cullinan Metals Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 900, Vancouver, BC, CAN, V6C 1G8
Cullinan Metals Corp is engaged in the exploration of the company's principal mineral property located in Quebec which is in the exploration stage. The company's project includes Smiley Lithium Project, Lac Chavigny, Lac-Des-Iles West Graphite Project, and the Wakeman Lake Lithium Project.