FGOVF (Freegold Ventures) EBIT: $-7.21 Mil (TTM As of Mar. 2026)


FGOVF Freegold Ventures Ltd FGOVF
32 GF Score
Price $0.65
! 1 Warning Sign
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What is Freegold Ventures EBIT?

Freegold Ventures FGOVF -0.85% 32 EBIT is $-7.21 Mil as of Mar. 2026. GuruFocus rates FGOVF with a GF Score™ of 32/100. The stock has 1 warning sign investors should review.

Freegold Ventures's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-0.21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-7.21 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Freegold Ventures's annualized ROC % for the quarter that ended in Mar. 2026 was -1.67%. Freegold Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Freegold Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.21%.

Freegold Ventures  (OTCPK:FGOVF) EBIT Explanation

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

Freegold Ventures's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-1.896 * ( 1 - 0% )/( (111.644 + 114.862)/ 2 )
=-1.896/113.253
=-1.67 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=130.717 - 0.615 - ( 18.88 - max(0, 0.647 - 19.105+18.88))
=111.644

Invested Capital(Q: Mar. 2026 )
=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))
=167.575 - 1.647 - ( 52.394 - max(0, 1.668 - 52.734+52.394))
=114.862

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

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

Freegold Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.84/( ( (111.612 + max(-0.47, 0)) + (114.841 + max(-1.393, 0)) )/ 2 )
=-0.84/( ( 111.612 + 114.841 )/ 2 )
=-0.84/113.2265
=-0.74 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.145) - (0.615 + 0 + 0)
=-0.47

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.254) - (1.647 + 0 + 0)
=-1.393

When net working capital is negative, 0 is used.

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

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

Freegold Ventures's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-7.208/326.515
=-2.21 %

* 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.

Freegold Ventures EBIT Related Terms

Freegold Ventures EBIT Historical Data

* Premium members only.

The historical data trend for Freegold Ventures'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.

Freegold Ventures EBIT Chart

Freegold Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.20 -0.79 -3.07 -1.07 -7.32

Freegold Ventures Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.33 -0.26 -0.11 -6.63 -0.21

Freegold Ventures EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Freegold Ventures'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.

Freegold Ventures EV-to-EBIT vs Metals & Mining Industry

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

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


FGOVF
32GF Score
Freegold Ventures Ltd FGOVF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Freegold Ventures 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.21 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 $-7.21 Mil mean?
Freegold Ventures (FGOVF) has a EBIT of $-7.21 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Freegold Ventures.
Is Freegold Ventures' EBIT too high?
Freegold Ventures' current EBIT is $-7.21 Mil. Overall, Freegold Ventures has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Freegold Ventures' EBIT compare to competitors?
Freegold Ventures' EBIT of $-7.21 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 Freegold Ventures. Freegold Ventures's current EBIT is $-7.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freegold Ventures stock overvalued right now?
Freegold Ventures (FGOVF) has a current EBIT of $-7.21 Mil. The current EBIT is $-7.21 Mil. Freegold Ventures' overall GF Score™ is 32/100 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 Freegold Ventures (FGOVF), the current EBIT is $-7.21 Mil as of Mar. 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.

Freegold Ventures Business Description

Other Exchanges FR4N:GermanyFVL:Canada
Address 700 West Georgia Street, Suite 888, P.O. Box 10351, Vancouver, BC, CAN, V7Y 1G5
Freegold Ventures Ltd is an exploration-stage company. It is engaged in the process of acquiring, exploring, and developing precious and base metal properties. The company's projects include Golden Summit and Shorty Creek in Alaska. It operates in one segment, which is in the mineral property exploration sector. The company operates in two geographical locations, the USA and Canada.
32GF Score

Get the complete analysis for FGOVF

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

$0.65
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