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Sherritt International (FRA:HRT) EBIT : €-22.2 Mil (TTM As of Dec. 2024)


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What is Sherritt International EBIT?

Sherritt International's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was €-8.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was €-22.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sherritt International's annualized ROC % for the quarter that ended in Dec. 2024 was -1.88%. Sherritt International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -27.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sherritt International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -8.49%.


Sherritt International EBIT Historical Data

The historical data trend for Sherritt International'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.

Sherritt International EBIT Chart

Sherritt International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.32 22.19 76.09 -18.18 -21.85

Sherritt International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -30.08 -21.14 -1.02 7.92 -7.98

Competitive Comparison of Sherritt International's EBIT

For the Other Industrial Metals & Mining subindustry, Sherritt International'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.


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

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

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


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Sherritt International 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-22.2 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.


Sherritt International  (FRA:HRT) EBIT Explanation

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

Sherritt International's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-13.676 * ( 1 - -6.13% )/( (763.915 + 776.495)/ 2 )
=-14.5143388/770.205
=-1.88 %

where

Invested Capital(Q: Sep. 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))
=906.055 - 112.874 - ( 29.266 - max(0, 201.139 - 251.091+29.266))
=763.915

Invested Capital(Q: Dec. 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))
=926.914 - 127.427 - ( 22.992 - max(0, 196.403 - 257.938+22.992))
=776.495

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-31.908/( ( (102.897 + max(0.66400000000003, 0)) + (101.955 + max(22.79, 0)) )/ 2 )
=-31.908/( ( 103.561 + 124.745 )/ 2 )
=-31.908/114.153
=-27.95 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49.486 + 26.872 + 81.147) - (112.874 + 22.615 + 21.352)
=0.66400000000003

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.803 + 29.025 + 81.912) - (127.427 + 7.977 + 14.546)
=22.79

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-22.217/261.601
=-8.49 %

* 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.


Sherritt International EBIT Related Terms

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Sherritt International Business Description

Traded in Other Exchanges
Address
22 Adelaide Street West, Suite 4220, Toronto, ON, CAN, M5H 4E3
Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Europe, Asia, Cuba, North America, and others regions. Its segment includes Metals, Power, Oil and Gas, Technologies and Corporate. The Metals segment which generates the majority of the revenue is composed of mining, processing and refining activities of nickel and cobalt for its interest in Moa JV in Cuba and Canada. The Power segment represents the power operations in Cuba, including its interest in Energas; The Oil and Gas segment is exploring for oil and gas in Cuba and the Technologies segment represents the its technology group which delivers essential technical support for its operations.

Sherritt International Headlines

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