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Vast Resources (FRA:D9A) EBIT : €-9.11 Mil (TTM As of Oct. 2024)


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What is Vast Resources EBIT?

Vast Resources's earnings before interest and taxes (EBIT) for the six months ended in Oct. 2024 was €-2.49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2024 was €-9.11 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vast Resources's annualized ROC % for the quarter that ended in Oct. 2024 was -20.55%. Vast Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -30.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vast Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -53.21%.


Vast Resources EBIT Historical Data

The historical data trend for Vast 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.

Vast Resources EBIT Chart

Vast Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Apr20 Apr21 Apr22 Apr23 Apr24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.64 -3.52 -12.04 -7.76 -11.32

Vast Resources Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 -5.96 -2.40 -4.77 -6.63 -2.49

Competitive Comparison of Vast Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Vast 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.


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

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

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



Vast 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 Oct. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-9.11 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.


Vast Resources  (FRA:D9A) EBIT Explanation

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

Vast Resources's annualized ROC % for the quarter that ended in Oct. 2024 is calculated as:

ROC % (Q: Oct. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Oct. 2024 ))/ count )
=-5.634 * ( 1 - 0% )/( (27.115 + 27.718)/ 2 )
=-5.634/27.4165
=-20.55 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Oct. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Oct. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.974/( ( (16.099 + max(-3.903, 0)) + (16.274 + max(-4.066, 0)) )/ 2 )
=-4.974/( ( 16.099 + 16.274 )/ 2 )
=-4.974/16.1865
=-30.73 %

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)
=(0.249 + 0.767 + 0.525) - (5.351 + 0 + 0.093000000000002)
=-3.903

Working Capital(Q: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.272 + 1.171 + 0.663) - (6.073 + 0 + 0.099)
=-4.066

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2024 )
=-9.114/17.128
=-53.21 %

* 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.


Vast Resources EBIT Related Terms

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Vast Resources Business Description

Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, Ben Harber, London, GBR, EC3V 0HR
Vast Resources PLC is focused on key mining opportunities in Romania, Zimbabwe and Tajikistan. The Group operates in one business segment, the development and mining of mineral assets. It is a resource development company producing copper concentrate, zinc concentrate and gold and silver concentrate from Manaila Polymetallic Mine based at Romania. It has interest in the underground mine, Baita Plai, which is a skarn deposit comprising veins in calcareous sediments in approximately eight distinct pipes. The geographical segments of the company includes Europe and Central Asia and Southern Africa. It has earned revenue from Europe and Central Asia.

Vast Resources Headlines

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