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Iconic Minerals (FRA:YQG) EBIT : €11.60 Mil (TTM As of Feb. 2024)


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What is Iconic Minerals EBIT?

Iconic Minerals's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was €-0.80 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was €11.60 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Iconic Minerals's annualized ROC % for the quarter that ended in Feb. 2024 was -73.98%. Iconic Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -368.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Iconic Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 454.23%.


Iconic Minerals EBIT Historical Data

The historical data trend for Iconic 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.

Iconic Minerals EBIT Chart

Iconic Minerals Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.00 0.41 -0.73 -0.74 11.98

Iconic Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.13 -0.66 13.31 -0.25 -0.80

Competitive Comparison of Iconic Minerals's EBIT

For the Gold subindustry, Iconic 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.


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

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

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



Iconic 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €11.60 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.


Iconic Minerals  (FRA:YQG) EBIT Explanation

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

Iconic Minerals's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=-0.644 * ( 1 - 0% )/( (0.859 + 0.882)/ 2 )
=-0.644/0.8705
=-73.98 %

where

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

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

Iconic Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.204/( ( (0.859 + max(-0.719, 0)) + (0.882 + max(-0.801, 0)) )/ 2 )
=-3.204/( ( 0.859 + 0.882 )/ 2 )
=-3.204/0.8705
=-368.06 %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.134) - (0.853 + 0 + 0)
=-0.719

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.077) - (0.878 + 0 + 0)
=-0.801

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=11.601/2.554
=454.23 %

* 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.


Iconic Minerals EBIT Related Terms

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Iconic Minerals (FRA:YQG) Business Description

Traded in Other Exchanges
Address
303 - 595 Howe Street, P.O. Box 4, Vancouver, BC, CAN, V6C 2T5
Iconic Minerals Ltd is a mineral exploration company. It mainly focuses on acquiring and exploring gold and lithium properties in Nevada. The exploration assets of the company include New Pass property located in Churchill County; Midas South property located in Elko County; Bonnie Claire Lithium Project located in Nye County; Smith Creek Lithium Project and others.

Iconic Minerals (FRA:YQG) Headlines

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