GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Li-FT Power Ltd (OTCPK:LIFFF) » Definitions » EBIT

LIFFF (Li-FT Power) EBIT : $-5.00 Mil (TTM As of Aug. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Li-FT Power EBIT?

Li-FT Power's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2024 was $-1.49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was $-5.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Li-FT Power's annualized ROC % for the quarter that ended in Aug. 2024 was -2.22%. Li-FT Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -3.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Li-FT Power's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -5.68%.

Li-FT Power EBIT Historical Data

The historical data trend for Li-FT Power'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.

Li-FT Power EBIT Chart

Li-FT Power Annual Data
Trend Nov21 Nov22
EBIT
- -0.55

Li-FT Power Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24 May24 Aug24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.32 -0.30 -2.70 -0.81 -1.49

Competitive Comparison of Li-FT Power's EBIT

For the Other Industrial Metals & Mining subindustry, Li-FT Power'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.

Li-FT Power's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Li-FT Power's EV-to-EBIT falls into.


Li-FT Power 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.00 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.

Li-FT Power  (OTCPK:LIFFF) EBIT Explanation

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

Li-FT Power's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=-6.064 * ( 1 - 29.68% )/( (191.931 + 193.085)/ 2 )
=-4.2642048/192.508
=-2.22 %

where

Invested Capital(Q: May. 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))
=195.894 - 1.524 - ( 4.512 - max(0, 3.123 - 5.562+4.512))
=191.931

Invested Capital(Q: Aug. 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))
=194.591 - 1.218 - ( 1.681 - max(0, 2.367 - 2.655+1.681))
=193.085

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

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

Li-FT Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.94/( ( (190.331 + max(-2.31, 0)) + (191.936 + max(-1.391, 0)) )/ 2 )
=-5.94/( ( 190.331 + 191.936 )/ 2 )
=-5.94/191.1335
=-3.11 %

where Working Capital is:

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.765) - (1.524 + 0 + 1.551)
=-2.31

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.926) - (1.218 + 0 + 1.099)
=-1.391

When net working capital is negative, 0 is used.

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

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

Li-FT Power's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2024 )
=-5/88.087
=-5.68 %

* 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.

Li-FT Power EBIT Related Terms

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

Li-FT Power Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Li-FT Power Ltd (OTCPK:LIFFF) » Definitions » EBIT
Comparable Companies
TSX:WRN TSXV:EMX TSXV:CNRI NEOE:ALLI TSXV:VZLA TSX:ETG TSXV:CRE TSX:AMC TSX:NDM TSXV:LTH ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL MEX:GMEXICOB MIC:GMKN
Traded in Other Exchanges
WS0:Germany LIFT:Canada
Address
1030 West Georgia Street, Suite 1218, Vancouver, BC, CAN, V6E 2Y3
Website
https://www.li-ft.com
Li-FT Power Ltd is a mineral exploration company engaged in the acquisition, exploration, and development of lithium pegmatite projects located in Canada. The Company's flagship project is the Yellowknife Lithium Project located in Northwest Territories. The Yellowknife Lithium Project is comprised of mineral leases that cover the lithium pegmatites. Li-FT also holds three early-stage exploration properties in Quebec, Canada with potential for the discovery of buried lithium pegmatites, as well as the Cali Project in Northwest Territories.