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ESVNF (Serra Energy Metals) EBIT : $-0.72 Mil (TTM As of Jul. 2024)


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What is Serra Energy Metals EBIT?

Serra Energy Metals's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2024 was $-0.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2024 was $-0.72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Serra Energy Metals's annualized ROC % for the quarter that ended in Jul. 2024 was -1,162.67%. Serra Energy Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -1,147.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Serra Energy Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was 118.94%.


Serra Energy Metals EBIT Historical Data

The historical data trend for Serra Energy 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.

Serra Energy Metals EBIT Chart

Serra Energy Metals Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
EBIT
Get a 7-Day Free Trial -0.05 -1.89 -2.56 -1.87 -0.86

Serra Energy Metals Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.31 -0.21 -0.26 -0.15 -0.11

Competitive Comparison of Serra Energy Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Serra Energy 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.


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

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

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



Serra Energy 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.72 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.


Serra Energy Metals  (OTCPK:ESVNF) EBIT Explanation

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

Serra Energy Metals's annualized ROC % for the quarter that ended in Jul. 2024 is calculated as:

ROC % (Q: Jul. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Jul. 2024 ))/ count )
=-0.436 * ( 1 - 0% )/( (0.024 + 0.051)/ 2 )
=-0.436/0.0375
=-1,162.67 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.436/( ( (0.023 + max(-0.02, 0)) + (0.023 + max(0.03, 0)) )/ 2 )
=-0.436/( ( 0.023 + 0.053 )/ 2 )
=-0.436/0.038
=-1,147.37 %

where Working Capital is:

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0 + 0.047) - (0.07 + 0 + 0)
=-0.02

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.006 + 0 + 0.04) - (0.016 + 0 + 0)
=0.03

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2024 )
=-0.716/-0.602
=118.94 %

* 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.


Serra Energy Metals EBIT Related Terms

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Serra Energy Metals Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 907, Vancouver, BC, CAN, V6E 2Y3
Serra Energy Metals Corp is a resource exploration company that is acquiring and exploring mineral properties. The company's main interest lies in the exploration of nickel, copper, cobalt, and lithium, with an emphasis on identifying and investigating exploration targets that are drill-ready and are situated near the infrastructure. Some of its projects include Beaufort Property and Myrtleford Property located in Australia, and Santa Luz Property located in Brazil.

Serra Energy Metals Headlines

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