Kuniko (FRA:912) EBIT : €-1.84 Mil (TTM As of Jun. 2024)

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What is Kuniko EBIT?

Kuniko's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €-0.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-1.84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kuniko's annualized ROC % for the quarter that ended in Jun. 2024 was -22.99%. Kuniko's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -23.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kuniko's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -56.72%.

Kuniko EBIT Historical Data

The historical data trend for Kuniko'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.

Kuniko EBIT Chart

Kuniko Annual Data

Trend

Dec22

Dec23

EBIT

-1.74

-3.15

Kuniko Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial			-0.71	-1.06	-2.10	-1.07	-0.76

Competitive Comparison of Kuniko's EBIT

For the Other Industrial Metals & Mining subindustry, Kuniko'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.

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

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

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

Kuniko 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.84 Mil.

Kuniko (FRA:912) EBIT Explanation

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

Kuniko's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-1.524 * ( 1 - 0% )	/	( (6.043	+	7.217)	/ 2 )
=	-1.524	/	6.63
=	-22.99 %

where

	Invested Capital		(Q: Dec. 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	))
=	10.343	-	0.162	-	( 4.138	-	max(0, 0.374	-	4.791	+	4.138	))
=	6.043

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	9.821	-	0.488	-	( 2.277	-	max(0, 0.624	-	2.74	+	2.277	))
=	7.217

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Kuniko's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.524	/	( ( (5.496 + max(0.207, 0))	+	(7.051 + max(-0.161, 0)) )	/	2 )
=	-1.524	/	( ( 5.703	+	7.051 )	/	2 )
=	-1.524	/	6.377
=	-23.90 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.581)	-	(0.162	+	0	+	0.212)
=	0.207

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.196	+	0	+	0.267)	-	(0.488	+	0	+	0.136)
=	-0.161

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-1.836	/	3.237
	=	-56.72 %

Kuniko EBIT Related Terms

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Kuniko Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kuniko Ltd (FRA:912) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

912:Germany KNI:Australia

Address

125 St Georges Terrace, Level 28, AMP Tower, Perth, WA, AUS, 6000

Website

https://www.kuniko.eu

Kuniko Ltd is a mineral exploration company. It is engaged in the development of non-lithium battery metal projects in Scandinavia for the European market. Its projects include the Feoy Nickel project, the Skuterud Cobalt project, Undal-Nyberget Copper Project. The Company currently functions in two geographic regions: Norway and Canada, and in one industry, being exploration.

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