GRDV (Golden Royal Development) EBIT: $-0.03 Mil (TTM As of Sep. 2024)


GRDV Golden Royal Development Inc GRDV
18 GF Score
Price $0.20
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What is Golden Royal Development EBIT?

Golden Royal Development GRDV 18 EBIT is $-0.03 Mil as of Sep. 2024. GuruFocus rates GRDV with a GF Score™ of 18/100.

Golden Royal Development's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Golden Royal Development's annualized ROC % for the quarter that ended in Sep. 2024 was %. Golden Royal Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Golden Royal Development's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.98%.

Golden Royal Development  (OTCPK:GRDV) EBIT Explanation

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

Golden Royal Development'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 )
=-0.012 * ( 1 - 0% )/( (0 + 0)/ 1 )
=-0.012/0
= %

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))
=0 - 0.286 - ( 0 - max(0, 0.286 - 0+0))
=0

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))
=0 - 0.29 - ( 0 - max(0, 0.29 - 0+0))
=0

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

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

Golden Royal Development'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 )
=-0.012/( ( (0 + max(-0.286, 0)) + (0 + max(-0.29, 0)) )/ 1 )
=-0.012/( ( 0 + 0 )/ 1 )
=-0.012/0
= %

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) - (0.286 + 0 + 0)
=-0.286

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.29 + 0 + 0)
=-0.29

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:

Golden Royal Development's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.031/1.569
=-1.98 %

* 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.

Golden Royal Development EBIT Related Terms

Golden Royal Development EBIT Historical Data

* Premium members only.

The historical data trend for Golden Royal Development'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.

Golden Royal Development EBIT Chart

Golden Royal Development Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
EBIT
-0.04 -0.03 -0.06 -0.06 -0.03

Golden Royal Development Quarterly Data
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 -0.01 -0.00 -0.02 -0.01 -0.00

GRDV vs LBRMF, ATAO, NWIFF: EBIT Comparison

For the Other Industrial Metals & Mining subindustry, Golden Royal Development'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.

Golden Royal Development EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Golden Royal Development's EV-to-EBIT falls into.


GRDV
18GF Score
Golden Royal Development Inc GRDV
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Royal Development 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 $-0.03 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-0.03 Mil mean?
Golden Royal Development (GRDV) has a EBIT of $-0.03 Mil as of Sep. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Golden Royal Development.
Is Golden Royal Development's EBIT too high?
Golden Royal Development's current EBIT is $-0.03 Mil. Overall, Golden Royal Development has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Golden Royal Development's EBIT compare to LBRMF and ATAO?
Golden Royal Development's EBIT of $-0.03 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Golden Royal Development. Golden Royal Development's current EBIT is $-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Royal Development stock overvalued right now?
Golden Royal Development (GRDV) has a current EBIT of $-0.03 Mil. The current EBIT is $-0.03 Mil. Golden Royal Development's overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Golden Royal Development (GRDV), the current EBIT is $-0.03 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Golden Royal Development Business Description

Address 543 Bedford Avenue, Suite 176, New York, NY, USA, 11211
Golden Royal Development Inc United States-based company. The company engages in the business of purchasing and selling mineral leases and other interests in mineral rights.
18GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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