Lida Resources (FRA:1CCA) EBIT : €-0.25 Mil (TTM As of May. 2023)

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What is Lida Resources EBIT?

Lida Resources's earnings before interest and taxes (EBIT) for the three months ended in May. 2023 was €-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2023 was €-0.25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lida Resources's annualized ROC % for the quarter that ended in May. 2023 was -50.20%. Lida Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lida Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2023 was -26.04%.

Lida Resources EBIT Historical Data

The historical data trend for Lida 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.

Lida Resources EBIT Chart

Lida Resources Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

EBIT

-0.28

-0.59

-0.26

Lida Resources Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
EBIT	Get a 7-Day Free Trial														-0.04	-0.06	-0.05	-0.11	-0.03

Competitive Comparison of Lida Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Lida 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.

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

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

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

Lida 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 May. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.25 Mil.

Lida Resources (FRA:1CCA) EBIT Explanation

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

Lida Resources's annualized ROC % for the quarter that ended in May. 2023 is calculated as:

	ROC % (Q: May. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Feb. 2023 )	+	Invested Capital (Q: May. 2023 ))	/ count )
=	-0.128 * ( 1 - 0% )	/	( (0.254	+	0.256)	/ 2 )
=	-0.128	/	0.255
=	-50.20 %

where

	Invested Capital		(Q: Feb. 2023 )
=	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	))
=	0.041	-	0.61	-	( 0.001	-	max(0, 0.864	-	0.041	+	0.001	))
=	0.254

	Invested Capital		(Q: May. 2023 )
=	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	))
=	0.042	-	0.636	-	( 0.001	-	max(0, 0.892	-	0.042	+	0.001	))
=	0.256

Note: The Operating Income data used here is four times the quarterly (May. 2023) data.

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

Lida Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: May. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Feb. 2023		Q: May. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.128	/	( ( (0 + max(-0.61, 0))	+	(0 + max(-0.635, 0)) )	/	2 )
=	-0.128	/	( ( 0	+	0 )	/	2 )
=	-0.128	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Feb. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.61	+	0	+	0)
=	-0.61

	Working Capital		(Q: May. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.636	+	0	+	-0.001)
=	-0.635

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (May. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: May. 2023 )
	=	-0.251	/	0.964
	=	-26.04 %

Lida Resources EBIT Related Terms

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Lida Resources (FRA:1CCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lida Resources Inc (FRA:1CCA) » Definitions » EBIT

Comparable Companies

XCNQ:SNR TSXV:ANE TSXV:AMMO TSXV:NMG.H TSXV:AFR XCNQ:BLNT TSXV:IBC.H TSXV:RUN.H TSXV:MCA.H BOM:531867

Traded in Other Exchanges

N/A

Address

1055 West Georgia Street, 1500, Vancouver, BC, CAN, V6E 4N7

Website

https://lidaresources.minelife.org

Lida Resources Inc is a Canadian mineral exploration and development company focused on advancing the San Vincent deposit located a short drive from Trujillo, Peru. The Company also owns the Fruta del Sur deposit, with the potential to be one of Peru's most prolific mines.

Lida Resources (FRA:1CCA) Headlines

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