COMCF (Canada One Mining) EBIT : $-0.50 Mil (TTM As of Oct. 2024)

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What is Canada One Mining EBIT?

Canada One Mining's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2024 was $-0.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2024 was $-0.50 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Canada One Mining's annualized ROC % for the quarter that ended in Oct. 2024 was -20.20%. Canada One Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -37.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Canada One Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -50.97%.

Canada One Mining EBIT Historical Data

The historical data trend for Canada One Mining'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.

Canada One Mining EBIT Chart

Canada One Mining Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

EBIT

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-0.20

-0.24

-0.32

-0.57

Canada One Mining Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
EBIT	Get a 7-Day Free Trial															-0.11	-0.22	-0.17	-0.07	-0.04

Competitive Comparison of Canada One Mining's EBIT

For the Other Industrial Metals & Mining subindustry, Canada One Mining'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.

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

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

* The bar in red indicates where Canada One Mining's EV-to-EBIT falls into.

Canada One Mining 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.50 Mil.

Canada One Mining (OTCPK:COMCF) EBIT Explanation

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

Canada One Mining's annualized ROC % for the quarter that ended in Oct. 2024 is calculated as:

	ROC % (Q: Oct. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jul. 2024 )	+	Invested Capital (Q: Oct. 2024 ))	/ count )
=	-0.172 * ( 1 - 0% )	/	( (0.707	+	0.996)	/ 2 )
=	-0.172	/	0.8515
=	-20.20 %

where

	Invested Capital		(Q: Jul. 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	))
=	0.505	-	0.871	-	( 0.004	-	max(0, 1.115	-	0.042	+	0.004	))
=	0.707

	Invested Capital		(Q: Oct. 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	))
=	0.472	-	0.589	-	( 0	-	max(0, 1.122	-	0.009	+	0	))
=	0.996

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

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

Canada One Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Oct. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jul. 2024		Q: Oct. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.172	/	( ( (0.462 + max(-0.836, 0))	+	(0.46 + max(-0.584, 0)) )	/	2 )
=	-0.172	/	( ( 0.462	+	0.46 )	/	2 )
=	-0.172	/	0.461
=	-37.31 %

where Working Capital is:

	Working Capital		(Q: Jul. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.035)	-	(0.871	+	0	+	0)
=	-0.836

	Working Capital		(Q: Oct. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.005)	-	(0.589	+	0	+	2.2204460492503E-16)
=	-0.584

When net working capital is negative, 0 is used.

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

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

Canada One Mining's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Oct. 2024 )
	=	-0.5	/	0.981
	=	-50.97 %

Canada One Mining EBIT Related Terms

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Canada One Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canada One Mining Corp (OTCPK:COMCF) » Definitions » EBIT

Comparable Companies

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AU31:Germany CONE:Canada

Address

750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7

Website

https://www.canadaonemining.com

Canada One Mining Corp is focused on the exploration of its resource properties in British Columbia and has not yet determined whether its exploration and evaluation assets contain mineral reserves that are economically recoverable.

Canada One Mining Headlines

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