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GBLEF (Global Energy Metals) EBIT : $-0.63 Mil (TTM As of Sep. 2024)


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What is Global Energy Metals EBIT?

Global Energy Metals's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.63 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Global Energy Metals's annualized ROC % for the quarter that ended in Sep. 2024 was -14.86%. Global Energy Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -14.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Global Energy Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -192.31%.


Global Energy Metals EBIT Historical Data

The historical data trend for Global Energy 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.

Global Energy Metals EBIT Chart

Global Energy Metals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only -0.44 -0.87 -0.96 -3.71 -0.69

Global Energy Metals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.16 -0.10 -0.09 -0.34 -0.09

Competitive Comparison of Global Energy Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Global Energy 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.


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

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

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



Global Energy 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.63 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.


Global Energy Metals  (OTCPK:GBLEF) EBIT Explanation

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

Global Energy Metals's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-0.368 * ( 1 - 0% )/( (2.439 + 2.515)/ 2 )
=-0.368/2.477
=-14.86 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.368/( ( (2.433 + max(-0.388, 0)) + (2.509 + max(-0.118, 0)) )/ 2 )
=-0.368/( ( 2.433 + 2.509 )/ 2 )
=-0.368/2.471
=-14.89 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.388 + 0 + 0)
=-0.388

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.001) - (0.119 + 0 + 0)
=-0.118

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.625/0.325
=-192.31 %

* 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.


Global Energy Metals EBIT Related Terms

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Global Energy Metals Business Description

Traded in Other Exchanges
Address
128 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6B 1R8
Global Energy Metals Corp offers investment exposure to the growing rechargeable battery and electric vehicle market by building a diversified portfolio of exploration and growth-stage cobalt assets. The company is a cobalt explorer and developer in the famed Mount Is a mining district in Queensland, Australia through the advancement of the Millennium Cobalt Project. Its other projects include Werner Lake Cobalt Project and Lovelock Mine, Rana Project, Monument PK, & Treasure Box Projects.