Great Red Lake Gold (FRA:G2T) EBIT: € Mil (TTM As of Mar. 2026)

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FRA:G2T Great Red Lake Gold Corp FRA:G2T
15 GF Score
Price €0.26
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What is Great Red Lake Gold EBIT?

Great Red Lake Gold FRA:G2T -25.00% 15 EBIT is € Mil as of Mar. 2026. GuruFocus rates FRA:G2T with a GF Score™ of 15/100.

Great Red Lake Gold's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €-0.22 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Great Red Lake Gold's annualized ROC % for the quarter that ended in Mar. 2026 was -462.27%. Great Red Lake Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Great Red Lake Gold  (FRA:G2T) EBIT Explanation

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

Great Red Lake Gold'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 )
=-0.876 * ( 1 - 0% )/( (0.223 + 0.156)/ 2 )
=-0.876/0.1895
=-462.27 %

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))
=0.283 - 0.004 - ( 0.056 - max(0, 0.004 - 0.283+0.056))
=0.223

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))
=0.286 - 0.075 - ( 0.055 - max(0, 0.075 - 0.286+0.055))
=0.156

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

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

Great Red Lake Gold'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 )
=-0.876/( ( (0 + max(-0.0040000000000001, 0)) + (0 + max(-0.075, 0)) )/ 2 )
=-0.876/( ( 0 + 0 )/ 2 )
=-0.876/0
= %

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 + -5.5511151231258E-17) - (0.004 + 0 + 0)
=-0.0040000000000001

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + -5.5511151231258E-17) - (0.075 + 0 + 0)
=-0.075

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:

Great Red Lake Gold's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=/10.141
= %

* 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.

Great Red Lake Gold EBIT Related Terms

Great Red Lake Gold EBIT Historical Data

* Premium members only.

The historical data trend for Great Red Lake Gold'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.

Great Red Lake Gold EBIT Chart

Great Red Lake Gold Annual Data
Trend
EBIT

Great Red Lake Gold Quarterly Data
Dec25 Mar26
EBIT -0.07 -0.22

FRA:G2T vs HL: EBIT Comparison

For the Other Precious Metals & Mining subindustry, Great Red Lake Gold'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.

Great Red Lake Gold EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Great Red Lake Gold's EV-to-EBIT falls into.


FRA:G2T
15GF Score
Great Red Lake Gold Corp FRA:G2T
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Great Red Lake Gold 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 € 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 € Mil mean?
Great Red Lake Gold (FRA:G2T) has a EBIT of € Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Great Red Lake Gold.
Is Great Red Lake Gold's EBIT too high?
Great Red Lake Gold's current EBIT is € Mil. Overall, Great Red Lake Gold has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Great Red Lake Gold's EBIT compare to HL?
Great Red Lake Gold's EBIT of € 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 Great Red Lake Gold. Great Red Lake Gold's current EBIT is € Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Red Lake Gold stock overvalued right now?
Great Red Lake Gold (FRA:G2T) has a current EBIT of € Mil. The current EBIT is € Mil. Great Red Lake Gold's overall GF Score™ is 15/100. 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 Great Red Lake Gold (FRA:G2T), the current EBIT is € 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.

Great Red Lake Gold Business Description

Other Exchanges RLGC:Canada
Great Red Lake Gold Corp is a Toronto-based exploration and development company focused on the acquisition,exploration and development of properties which are prospective for gold and other metals.
15GF Score

Get the complete analysis for FRA:G2T

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

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