GDQMF (GoldQuest Mining) EBIT : $-2.21 Mil (TTM As of Sep. 2024)

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What is GoldQuest Mining EBIT?

GoldQuest Mining's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.63 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-2.21 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GoldQuest Mining's annualized ROC % for the quarter that ended in Sep. 2024 was -5,690.91%. GoldQuest Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -6,955.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GoldQuest Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2.77%.

GoldQuest Mining EBIT Historical Data

The historical data trend for GoldQuest Mining'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.

GoldQuest Mining EBIT Chart

GoldQuest Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-1.61

-1.29

-1.85

-2.10

-2.26

GoldQuest Mining 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															-0.47	-0.54	-0.50	-0.54	-0.63

Competitive Comparison of GoldQuest Mining's EBIT

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

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

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

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

GoldQuest Mining 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 $-2.21 Mil.

GoldQuest Mining (OTCPK:GDQMF) EBIT Explanation

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

GoldQuest Mining'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 )
=	-2.504 * ( 1 - 0% )	/	( (0.052	+	0.036)	/ 2 )
=	-2.504	/	0.044
=	-5,690.91 %

where

	Invested Capital		(Q: Jun. 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	))
=	6.288	-	0.228	-	( 6.067	-	max(0, 0.228	-	6.236	+	6.067	))
=	0.052

	Invested Capital		(Q: Sep. 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	))
=	5.878	-	0.202	-	( 5.644	-	max(0, 0.202	-	5.842	+	5.644	))
=	0.036

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

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

GoldQuest Mining'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 )
=	-2.504	/	( ( (0.037 + max(-0.059, 0))	+	(0.035 + max(-0.0040000000000001, 0)) )	/	2 )
=	-2.504	/	( ( 0.037	+	0.035 )	/	2 )
=	-2.504	/	0.036
=	-6,955.56 %

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)
=	(0.055	+	0	+	0.114)	-	(0.228	+	0	+	0)
=	-0.059

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.06	+	0	+	0.138)	-	(0.202	+	0	+	0)
=	-0.0040000000000001

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:

GoldQuest Mining's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	-2.208	/	79.678
	=	-2.77 %

GoldQuest Mining EBIT Related Terms

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GoldQuest Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GoldQuest Mining Corp (OTCPK:GDQMF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

M1W:Germany GQC:Canada

Address

595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5

Website

https://www.goldquestcorp.com

GoldQuest Mining Corp is a Canadian-based mineral exploration and development company with projects in the Dominican Republic. Its projects include Romero Project, Tireo Project, and Others. The company along with its subsidiaries is engaged in the identification, acquisition and exploration of mineral properties. It has one reportable segment, being the evaluation and exploration of mineral exploration properties.