IRVRF (Irving Resources) EBIT: $-1.21 Mil (TTM As of May. 2026)

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IRVRF Irving Resources Inc IRVRF
36 GF Score
Price $0.19
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What is Irving Resources EBIT?

Irving Resources IRVRF -1.12% 36 EBIT is $-1.21 Mil as of May. 2026. GuruFocus rates IRVRF with a GF Score™ of 36/100.

Irving Resources's earnings before interest and taxes (EBIT) for the three months ended in May. 2026 was $-0.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2026 was $-1.21 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Irving Resources's annualized ROC % for the quarter that ended in May. 2026 was -4.22%. Irving Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was -3.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Irving Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 was -7.65%.


Irving Resources  (OTCPK:IRVRF) EBIT Explanation

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

Irving Resources's annualized ROC % for the quarter that ended in May. 2026 is calculated as:

ROC % (Q: May. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2026 ) + Invested Capital (Q: May. 2026 ))/ count )
=-1.384 * ( 1 - 0% )/( (32.816 + 32.714)/ 2 )
=-1.384/32.765
=-4.22 %

where

Note: The Operating Income data used here is four times the quarterly (May. 2026) data.

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

Irving Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2026  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.916/( ( (30.626 + max(-0.584, 0)) + (30.537 + max(-0.526, 0)) )/ 2 )
=-0.916/( ( 30.626 + 30.537 )/ 2 )
=-0.916/30.5815
=-3.00 %

where Working Capital is:

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.112) - (0.255 + 0.441 + 0)
=-0.584

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.069) - (0.294 + 0.301 + 0)
=-0.526

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (May. 2026) EBIT data.

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

Irving Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2026 )
=-1.213/15.862
=-7.65 %

* 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.


Irving Resources EBIT Related Terms


Irving Resources EBIT Historical Data

* Premium members only.

The historical data trend for Irving Resources'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.

Irving Resources EBIT Chart

Irving Resources Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.22 -1.07 -1.62 -3.52 -1.19

Irving Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -0.19 -0.24 -0.21 -0.53 -0.23

IRVRF vs NEM, AU: EBIT Comparison

For the Gold subindustry, Irving Resources'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.


Irving Resources EV-to-EBIT vs Metals & Mining Industry

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

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


IRVRF
36GF Score
Irving Resources Inc IRVRF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Irving Resources 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.21 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 $-1.21 Mil mean?
Irving Resources (IRVRF) has a EBIT of $-1.21 Mil as of May. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Irving Resources.
Is Irving Resources' EBIT too high?
Irving Resources' current EBIT is $-1.21 Mil. Overall, Irving Resources has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Irving Resources' EBIT compare to NEM and AU?
Irving Resources' EBIT of $-1.21 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 Irving Resources. Irving Resources's current EBIT is $-1.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Irving Resources stock overvalued right now?
Irving Resources (IRVRF) has a current EBIT of $-1.21 Mil. The current EBIT is $-1.21 Mil. Irving Resources' overall GF Score™ is 36/100. 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 Irving Resources (IRVRF), the current EBIT is $-1.21 Mil as of May. 2026. 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.

Irving Resources Business Description

Other Exchanges 1IR:GermanyIRV:Canada
Address 999 Canada Place, Suite 404, Vancouver, BC, CAN, V6C 3E2
Irving Resources Inc is a Canadian-based mineral exploration company with precious metal projects in Japan and joint venture interests with Japan Oil, Gas, and Metals National Corporation (JOGMEC) in a rare earth element project in Africa and Canada. Its projects include the Omu Project, Yamagano Project, and Others.
36GF Score

Get the complete analysis for IRVRF

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

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