GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Diamcor Mining Inc (OTCPK:DMIFF) » Definitions » EBIT

DMIFF (Diamcor Mining) EBIT : $-2.40 Mil (TTM As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Diamcor Mining EBIT?

Diamcor Mining's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-2.40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Diamcor Mining's annualized ROC % for the quarter that ended in Sep. 2024 was -21.21%. Diamcor Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -76.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Diamcor Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -25.52%.


Diamcor Mining EBIT Historical Data

The historical data trend for Diamcor 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.

Diamcor Mining EBIT Chart

Diamcor Mining Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.05 -2.06 -0.97 0.61 -3.60

Diamcor Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 -1.02 -0.54 -1.40 -0.47

Competitive Comparison of Diamcor Mining's EBIT

For the Other Precious Metals & Mining subindustry, Diamcor 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.


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

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

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



Diamcor 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.40 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.


Diamcor Mining  (OTCPK:DMIFF) EBIT Explanation

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

Diamcor Mining'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: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-1.912 * ( 1 - 0% )/( (8.996 + 9.034)/ 2 )
=-1.912/9.015
=-21.21 %

where

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

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

Diamcor Mining'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: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.88/( ( (2.356 + max(-0.954, 0)) + (2.573 + max(-0.916, 0)) )/ 2 )
=-1.88/( ( 2.356 + 2.573 )/ 2 )
=-1.88/2.4645
=-76.28 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.029 + 0.15 + 0.009) - (1.141 + 0 + 0.00099999999999945)
=-0.954

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.007 + 0.165 + 0.035) - (1.123 + 0 + 0)
=-0.916

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-2.401/9.407
=-25.52 %

* 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.


Diamcor Mining EBIT Related Terms

Thank you for viewing the detailed overview of Diamcor Mining's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Diamcor Mining Business Description

Traded in Other Exchanges
Address
1620 Dickson Avenue, Suite 630, Kelowna, BC, CAN, V1Y 9Y2
Diamcor Mining Inc is a mining and exploration company. It is engaged in the identification, acquisition, exploration, evaluation, operation, and advancement of diamond-based resource properties with a specific focus on the mining segment of the diamond industry through its subsidiaries. Some of its projects include the Krone-Endora at Venetia project. Geographically, it operates in Canada and South Africa.