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Bastion Minerals (FRA:J57) EBIT : €-2.66 Mil (TTM As of Jun. 2024)


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What is Bastion Minerals EBIT?

Bastion Minerals's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €-1.71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-2.66 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bastion Minerals's annualized ROC % for the quarter that ended in Jun. 2024 was -192.87%. Bastion Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -201.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bastion Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -154.63%.

Bastion Minerals EBIT Historical Data

The historical data trend for Bastion Minerals'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.

Bastion Minerals EBIT Chart

Bastion Minerals Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-1.91 -2.47 -3.84

Bastion Minerals Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial -1.30 -1.22 -2.92 -0.95 -1.71

Competitive Comparison of Bastion Minerals's EBIT

For the Other Precious Metals & Mining subindustry, Bastion Minerals'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.

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

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

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


Bastion Minerals 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 €-2.66 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.

Bastion Minerals  (FRA:J57) EBIT Explanation

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

Bastion Minerals'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 )
=-3.596 * ( 1 - 0% )/( (2.353 + 1.376)/ 2 )
=-3.596/1.8645
=-192.87 %

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))
=2.991 - 0.566 - ( 0.633 - max(0, 0.723 - 0.795+0.633))
=2.353

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))
=1.616 - 0.381 - ( 0.204 - max(0, 0.548 - 0.407+0.204))
=1.376

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:

Bastion Minerals'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 )
=-3.412/( ( (2.183 + max(-0.516, 0)) + (1.205 + max(-0.256, 0)) )/ 2 )
=-3.412/( ( 2.183 + 1.205 )/ 2 )
=-3.412/1.694
=-201.42 %

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 + 0.102) - (0.566 + 0 + 0.052)
=-0.516

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.098 + 0 + 0.105) - (0.381 + 0 + 0.078)
=-0.256

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-2.655/1.717
=-154.63 %

* 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.

Bastion Minerals EBIT Related Terms

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Bastion Minerals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bastion Minerals Ltd (FRA:J57) » Definitions » EBIT
Comparable Companies
ASX:PNT ASX:BPM ASX:ERL ASX:PKO ASX:MHC ASX:FRS ASX:NFL ASX:HAR ASX:OMX ASX:M3M ISX:AMMN JSE:AMS LSE:FRES SZSE:000975 JSE:IMP LIM:BUENAVC1 TSX:TFPM HL ISX:MBMA JSE:SSW
Traded in Other Exchanges
BMO:Australia
Address
22 Pitt Street, Level 6, Sydney, NSW, AUS, 2000
Website
https://www.bastionminerals.com
Bastion Minerals Ltd is an early-stage exploration company focused on Copper, Lithium & Green metals. Its exploration projects includes Cometa Copper Project, Canadian Lithium Project, Gyttorp REE Project, Battery Metals Projects, Western Australia.

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