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GCXXF (Granite Creek Copper) EBIT : $-0.61 Mil (TTM As of Aug. 2024)


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What is Granite Creek Copper EBIT?

Granite Creek Copper's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2024 was $-0.16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was $-0.61 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Granite Creek Copper's annualized ROC % for the quarter that ended in Aug. 2024 was -9.89%. Granite Creek Copper's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -10.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Granite Creek Copper's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -35.27%.


Granite Creek Copper EBIT Historical Data

The historical data trend for Granite Creek Copper'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.

Granite Creek Copper EBIT Chart

Granite Creek Copper Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 May21 May22 May23 May24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.83 -1.73 -3.54 -1.53 -0.57

Granite Creek Copper Quarterly Data
Jul19 Oct19 Jan20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -0.12 -0.13 -0.20 -0.16

Competitive Comparison of Granite Creek Copper's EBIT

For the Other Industrial Metals & Mining subindustry, Granite Creek Copper'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.


Granite Creek Copper's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Granite Creek Copper's EV-to-EBIT falls into.



Granite Creek Copper 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.61 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.


Granite Creek Copper  (OTCPK:GCXXF) EBIT Explanation

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

Granite Creek Copper's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=-0.676 * ( 1 - 0% )/( (6.547 + 7.121)/ 2 )
=-0.676/6.834
=-9.89 %

where

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

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

Granite Creek Copper's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.656/( ( (6.35 + max(-0.233, 0)) + (6.356 + max(-0.81, 0)) )/ 2 )
=-0.656/( ( 6.35 + 6.356 )/ 2 )
=-0.656/6.353
=-10.33 %

where Working Capital is:

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.051 + 0 + 0.023) - (0.242 + 0 + 0.065)
=-0.233

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.021 + 0 + 0.016) - (0.189 + 0 + 0.658)
=-0.81

When net working capital is negative, 0 is used.

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

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

Granite Creek Copper's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2024 )
=-0.612/1.735
=-35.27 %

* 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.


Granite Creek Copper EBIT Related Terms

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Granite Creek Copper Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
Granite Creek Copper Ltd is a Vancouver-based, public exploration company. It is in the business of acquiring and carrying out exploration on mineral properties, especially those with precious metals potential, to establish a mineable mineral resource. The company primarily explores gold and other mineral deposits. The company projects include the Carmacks North Project, Carmacks Project, Star Property, and LS Molybdenum Property.