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Tasman Metals (FRA:T61) EBIT : €-0.57 Mil (TTM As of May. 2016)


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What is Tasman Metals EBIT?

Tasman Metals's earnings before interest and taxes (EBIT) for the three months ended in May. 2016 was €-0.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was €-0.57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tasman Metals's annualized ROC % for the quarter that ended in May. 2016 was -6.71%. Tasman Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2016 was -6.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tasman Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2016 was -5.08%.


Tasman Metals EBIT Historical Data

The historical data trend for Tasman 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.

Tasman Metals EBIT Chart

Tasman Metals Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
EBIT
Get a 7-Day Free Trial -4.37 -5.06 -2.23 -1.67 -1.01

Tasman Metals Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 May16
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 -0.28 -0.23 -0.21 -0.22 -0.14

Competitive Comparison of Tasman Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Tasman 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.


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

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

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



Tasman 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.57 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.


Tasman Metals  (FRA:T61) EBIT Explanation

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

Tasman Metals's annualized ROC % for the quarter that ended in May. 2016 is calculated as:

ROC % (Q: May. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2015 ) + Invested Capital (Q: May. 2016 ))/ count )
=-0.572 * ( 1 - 0% )/( (8.9 + 8.154)/ 2 )
=-0.572/8.527
=-6.71 %

where

Note: The Operating Income data used here is four times the quarterly (May. 2016) data.

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

Tasman Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2015  Q: May. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.572/( ( (8.853 + max(-0.138, 0)) + (8.109 + max(-0.261, 0)) )/ 2 )
=-0.572/( ( 8.853 + 8.109 )/ 2 )
=-0.572/8.481
=-6.74 %

where Working Capital is:

Working Capital(Q: Nov. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.004 + 0 + 0.018) - (0.16 + 0 + 0)
=-0.138

Working Capital(Q: May. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0 + 0.0069999999999999) - (0.271 + 0 + 0)
=-0.261

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (May. 2016) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2016 )
=-0.571/11.244
=-5.08 %

* 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.


Tasman Metals EBIT Related Terms

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Tasman Metals (FRA:T61) Business Description

Traded in Other Exchanges
N/A
Address
Tasman Metals Ltd was incorporated under the laws of the Province of British Columbia on August 27, 2007. The Company is a junior resource company engaged in the acquisition and exploration of unproven mineral interests in Scandinavia. Its projects include Rare Earth Element Properties, Iron ore properties and Tungsten properties.

Tasman Metals (FRA:T61) Headlines

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