FANCF (First Atlantic Nickelbalt) EBIT: $-2.16 Mil (TTM As of Jan. 2026)


FANCF First Atlantic Nickel & Cobalt Corp FANCF
34 GF Score
Price $0.65
! 1 Warning Sign
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What is First Atlantic Nickelbalt EBIT?

First Atlantic Nickelbalt FANCF -4.10% 34 EBIT is $-2.16 Mil as of Jan. 2026. GuruFocus rates FANCF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review.

First Atlantic Nickelbalt's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2026 was $-0.51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2026 was $-2.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. First Atlantic Nickelbalt's annualized ROC % for the quarter that ended in Jan. 2026 was -18.79%. First Atlantic Nickelbalt's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was -26.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. First Atlantic Nickelbalt's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was -2.22%.


First Atlantic Nickelbalt  (OTCPK:FANCF) EBIT Explanation

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

First Atlantic Nickelbalt's annualized ROC % for the quarter that ended in Jan. 2026 is calculated as:

ROC % (Q: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Jan. 2026 ))/ count )
=-1.456 * ( 1 - 0% )/( (7.064 + 8.435)/ 2 )
=-1.456/7.7495
=-18.79 %

where

Note: The Operating Income data used here is four times the quarterly (Jan. 2026) data.

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

First Atlantic Nickelbalt's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Jan. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.044/( ( (6.969 + max(-0.015, 0)) + (8.247 + max(-0.519, 0)) )/ 2 )
=-2.044/( ( 6.969 + 8.247 )/ 2 )
=-2.044/7.608
=-26.87 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.128) - (0.143 + 0 + 2.7755575615629E-17)
=-0.015

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.058) - (0.419 + 0 + 0.158)
=-0.519

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2026) EBIT data.

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

First Atlantic Nickelbalt's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2026 )
=-2.164/97.305
=-2.22 %

* 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.


First Atlantic Nickelbalt EBIT Related Terms


First Atlantic Nickelbalt EBIT Historical Data

* Premium members only.

The historical data trend for First Atlantic Nickelbalt'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.

First Atlantic Nickelbalt EBIT Chart

First Atlantic Nickelbalt Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.27 -1.80 -0.68 -1.28 -1.54

First Atlantic Nickelbalt Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -0.50 -0.75 -0.25 -0.66 -0.51

First Atlantic Nickelbalt EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, First Atlantic Nickelbalt'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.


First Atlantic Nickelbalt EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where First Atlantic Nickelbalt's EV-to-EBIT falls into.


FANCF
34GF Score
First Atlantic Nickel & Cobalt Corp FANCF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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First Atlantic Nickelbalt 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 Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.16 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-2.16 Mil mean?
First Atlantic Nickelbalt (FANCF) has a EBIT of $-2.16 Mil as of Jan. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on First Atlantic Nickelbalt.
Is First Atlantic Nickelbalt's EBIT too high?
First Atlantic Nickelbalt's current EBIT is $-2.16 Mil. Overall, First Atlantic Nickelbalt has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does First Atlantic Nickelbalt's EBIT compare to competitors?
First Atlantic Nickelbalt's EBIT of $-2.16 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on First Atlantic Nickelbalt. First Atlantic Nickelbalt's current EBIT is $-2.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Atlantic Nickelbalt stock overvalued right now?
First Atlantic Nickelbalt (FANCF) has a current EBIT of $-2.16 Mil. The current EBIT is $-2.16 Mil. First Atlantic Nickelbalt's overall GF Score™ is 34/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For First Atlantic Nickelbalt (FANCF), the current EBIT is $-2.16 Mil as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Atlantic Nickelbalt Business Description

Other Exchanges P210:GermanyFAN:Canada
Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
First Atlantic Nickel & Cobalt Corp is engaged in the identification, evaluation and acquisition of mineral properties in Canada. The Company owned a 100% interest in, or held options to acquire the Voisey's West Property, Rey Lake Property, Lucky Mike Mineral Property, Pipestone XL, Atlantis Project and the Ophiolite X Project.
34GF Score

Get the complete analysis for FANCF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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