GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kavango Resources PLC (OTCPK:KVGOF) » Definitions » EBIT

KVGOF (Kavango Resources) EBIT : $-3.99 Mil (TTM As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Kavango Resources EBIT?

Kavango Resources's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $-2.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $-3.99 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kavango Resources's annualized ROC % for the quarter that ended in Jun. 2024 was -24.34%. Kavango Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -26.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kavango Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -40.14%.


Kavango Resources EBIT Historical Data

The historical data trend for Kavango 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.

* Premium members only.

Kavango Resources EBIT Chart

Kavango Resources Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -0.39 -0.61 -1.55 -2.22 -3.22

Kavango Resources Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.79 -1.42 -1.29 -1.92 -2.06

Competitive Comparison of Kavango Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Kavango 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.


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

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

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



Kavango 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3.99 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.


Kavango Resources  (OTCPK:KVGOF) EBIT Explanation

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

Kavango Resources's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-4.128 * ( 1 - 0% )/( (15.975 + 17.949)/ 2 )
=-4.128/16.962
=-24.34 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Kavango Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.128/( ( (14.938 + max(-1.177, 0)) + (16.269 + max(0.257, 0)) )/ 2 )
=-4.128/( ( 14.938 + 16.526 )/ 2 )
=-4.128/15.732
=-26.24 %

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 + 0 + 0.107) - (0.247 + 0 + 1.037)
=-1.177

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.007 + 0.807) - (0.557 + 0 + 0)
=0.257

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-3.988/9.935
=-40.14 %

* 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.


Kavango Resources EBIT Related Terms

Thank you for viewing the detailed overview of Kavango Resources's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Kavango Resources Business Description

Traded in Other Exchanges
Address
Salisbury House, London Wall, Suite 425, London, GBR, EC2M 5PS
Kavango Resources PLC is an exploration group for base and precious metals in Botswana and Zimbabwe. Its operating segments include Exploration and Corporate. The company's projects include Kalahari Suture Zone; Nara Gold, Hillside, Leopard, Ditau, and Kalahari Copper Belt.

Kavango Resources Headlines

No Headlines