Argentina Lithium & Energy (HAM:OAY3) EBIT : €-9.70 Mil (TTM As of Mar. 2024)

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What is Argentina Lithium & Energy EBIT?

Argentina Lithium & Energy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €-1.59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €-9.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Argentina Lithium & Energy's annualized ROC % for the quarter that ended in Mar. 2024 was -12.65%. Argentina Lithium & Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -13.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Argentina Lithium & Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -58.10%.

Argentina Lithium & Energy EBIT Historical Data

The historical data trend for Argentina Lithium & Energy'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.

Argentina Lithium & Energy EBIT Chart

Argentina Lithium & Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-0.25

-0.13

-1.38

-5.99

-9.31

Argentina Lithium & Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-1.25	-1.80	-1.72	-4.59	-1.59

Competitive Comparison of Argentina Lithium & Energy's EBIT

For the Other Industrial Metals & Mining subindustry, Argentina Lithium & Energy'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.

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

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

* The bar in red indicates where Argentina Lithium & Energy's EV-to-EBIT falls into.

Argentina Lithium & Energy 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-9.70 Mil.

Argentina Lithium & Energy (HAM:OAY3) EBIT Explanation

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

Argentina Lithium & Energy's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-6.368 * ( 1 - 0% )	/	( (50.654	+	49.988)	/ 2 )
=	-6.368	/	50.321
=	-12.65 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	55.93	-	1.084	-	( 4.192	-	max(0, 4.067	-	41.986	+	4.192	))
=	50.654

	Invested Capital		(Q: Mar. 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	))
=	54.273	-	0.924	-	( 3.361	-	max(0, 2.448	-	37.983	+	3.361	))
=	49.988

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

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

Argentina Lithium & Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-6.368	/	( ( (13.041 + max(33.727, 0))	+	(15.369 + max(32.174, 0)) )	/	2 )
=	-6.368	/	( ( 46.768	+	47.543 )	/	2 )
=	-6.368	/	47.1555
=	-13.50 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.048	+	0	+	37.746)	-	(1.084	+	0	+	2.983)
=	33.727

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.067	+	0	+	34.555)	-	(0.924	+	0	+	1.524)
=	32.174

When net working capital is negative, 0 is used.

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

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

Argentina Lithium & Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-9.704	/	16.703
	=	-58.10 %

Argentina Lithium & Energy EBIT Related Terms

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Argentina Lithium & Energy (HAM:OAY3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Argentina Lithium & Energy Corp (HAM:OAY3) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

LILIF:USA OAY3:Germany LIT:Canada

Address

837 West Hastings Street, Suite 312, Vancouver, BC, CAN, V6C 3N6

Website

https://www.argentinalithium.com

Argentina Lithium & Energy Corp is a natural resource company engaged in the acquisition and exploration of resource properties in the Americas and Argentina. Some of its projects are the Antofalla lithium project; Rincon West and the Incahuasi Lithium project.

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