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Military Metals (FRA:QN90) EBIT : €-0.16 Mil (TTM As of May. 2024)


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What is Military Metals EBIT?

Military Metals's earnings before interest and taxes (EBIT) for the three months ended in May. 2024 was €-0.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2024 was €-0.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Military Metals's annualized ROC % for the quarter that ended in May. 2024 was -88.20%. Military Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Military Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2024 was -2.03%.

Military Metals EBIT Historical Data

The historical data trend for Military Metals'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.

Military Metals EBIT Chart

Military Metals Annual Data
Trend Aug22 Aug23
EBIT
-1.09 -1.59

Military Metals Quarterly Data
May21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.22 0.13 -0.09 -0.11 -0.09

Competitive Comparison of Military Metals's EBIT

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

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

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

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


Military Metals 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.16 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.

Military Metals  (FRA:QN90) EBIT Explanation

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

Military Metals's annualized ROC % for the quarter that ended in May. 2024 is calculated as:

ROC % (Q: May. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2024 ) + Invested Capital (Q: May. 2024 ))/ count )
=-0.34 * ( 1 - 0% )/( (0.365 + 0.406)/ 2 )
=-0.34/0.3855
=-88.20 %

where

Invested Capital(Q: Feb. 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))
=0.338 - 0.201 - ( 0.262 - max(0, 0.521 - 0.293+0.262))
=0.365

Invested Capital(Q: May. 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))
=0.357 - 0.287 - ( 0.263 - max(0, 0.616 - 0.28+0.263))
=0.406

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

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

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

ROC (Joel Greenblatt) %(Q: May. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2024  Q: May. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.34/( ( (0 + max(-0.17, 0)) + (0 + max(-0.27, 0)) )/ 2 )
=-0.34/( ( 0 + 0 )/ 2 )
=-0.34/0
= %

where Working Capital is:

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.012 + 0 + 0.019) - (0.201 + 0 + 0)
=-0.17

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0 + 0.014) - (0.287 + 0 + 0)
=-0.27

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2024 )
=-0.16/7.898
=-2.03 %

* 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.

Military Metals EBIT Related Terms

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Military Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Military Metals Corp (FRA:QN90) » Definitions » EBIT
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Traded in Other Exchanges
XOEEF:USA XONE:Canada
Address
615-800 West Pender Street, Vancouver, BC, CAN, V6C 2V6
Website
https://www.x1ent.com
X1 Entertainment Group Inc is an esports portfolio company that owns and operates an esports franchise, RixGG. The business of the company is the competitive playing of video games by teams for cash prizes, and operations ancillary to such competition, such as merchandising and the hosting of tournaments. It engages in the acquisition and development of esports teams and digital content creation which is considered one business segment.

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