COSAF (Cosa Resources) EBIT : $-5.28 Mil (TTM As of Sep. 2024)

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What is Cosa Resources EBIT?

Cosa Resources's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-1.22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-5.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cosa Resources's annualized ROC % for the quarter that ended in Sep. 2024 was -210.12%. Cosa Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -351.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cosa Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -46.59%.

Cosa Resources EBIT Historical Data

The historical data trend for Cosa Resources'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.

Cosa Resources EBIT Chart

Cosa Resources Annual Data

Trend

Oct21

Oct22

Dec23

EBIT

-0.14

-0.88

-2.45

Cosa Resources Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial										-0.72	-	-2.46	-1.60	-1.22

Competitive Comparison of Cosa Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Cosa 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.

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

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

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

Cosa 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.28 Mil.

Cosa Resources (OTCPK:COSAF) EBIT Explanation

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

Cosa Resources's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	-4.88 * ( 1 - 0% )	/	( (2.539	+	2.106)	/ 2 )
=	-4.88	/	2.3225
=	-210.12 %

where

	Invested Capital		(Q: Jun. 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	))
=	5.239	-	0.146	-	( 3.375	-	max(0, 1.143	-	3.697	+	3.375	))
=	2.539

	Invested Capital		(Q: Sep. 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	))
=	4.643	-	0.595	-	( 2.689	-	max(0, 1.28	-	3.222	+	2.689	))
=	2.106

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

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

Cosa Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-4.88	/	( ( (1.356 + max(-0.993, 0))	+	(1.42 + max(-0.96, 0)) )	/	2 )
=	-4.88	/	( ( 1.356	+	1.42 )	/	2 )
=	-4.88	/	1.388
=	-351.59 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.15)	-	(0.146	+	0	+	0.997)
=	-0.993

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.32)	-	(0.595	+	0	+	0.685)
=	-0.96

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	-5.278	/	11.328
	=	-46.59 %

Cosa Resources EBIT Related Terms

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Cosa Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cosa Resources Corp (OTCPK:COSAF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

SSKU:Germany COSA:Canada

Address

595 Burrard Street, Suite 1723, Vancouver, BC, CAN, V7X1L4

Website

https://www.cosaresources.ca

Cosa Resources Corp is a natural resource company engaged in the acquisition and exploration of mining properties. The company is focused on the Athabasca Uranium and Heron Copper projects.