Lucky Minerals (Lucky Minerals) EBIT : $-6.10 Mil (TTM As of Jan. 2024)

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What is Lucky Minerals EBIT?

Lucky Minerals's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-0.27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-6.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lucky Minerals's annualized ROC % for the quarter that ended in Jan. 2024 was -42.55%. Lucky Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -295.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lucky Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -323.25%.

Lucky Minerals EBIT Historical Data

The historical data trend for Lucky Minerals'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.

Lucky Minerals EBIT Chart

Lucky Minerals Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Oct20

Oct21

Oct22

Oct23

EBIT

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-2.33

-1.96

-2.82

-2.76

-7.05

Lucky Minerals Quarterly Data
	Dec18	Mar19	Jun19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial															-1.22	-0.71	-3.68	-1.44	-0.27

Competitive Comparison of Lucky Minerals's EBIT

For the Other Industrial Metals & Mining subindustry, Lucky Minerals'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.

Lucky Minerals's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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

Lucky Minerals 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.10 Mil.

Lucky Minerals (OTCPK:LKMNF) EBIT Explanation

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

Lucky Minerals's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

	ROC % (Q: Jan. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	-0.672 * ( 1 - 0% )	/	( (1.924	+	1.235)	/ 2 )
=	-0.672	/	1.5795
=	-42.55 %

where

	Invested Capital		(Q: Oct. 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	))
=	0.781	-	1.596	-	( 0.004	-	max(0, 2.788	-	0.049	+	0.004	))
=	1.924

	Invested Capital		(Q: Jan. 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	))
=	0.042	-	1.15	-	( 0.001	-	max(0, 2.385	-	0.042	+	0.001	))
=	1.235

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

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

Lucky Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Oct. 2023		Q: Jan. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.084	/	( ( (0.732 + max(-1.595, 0))	+	(0.001 + max(-1.149, 0)) )	/	2 )
=	-1.084	/	( ( 0.732	+	0.001 )	/	2 )
=	-1.084	/	0.3665
=	-295.77 %

where Working Capital is:

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.001)	-	(1.596	+	0	+	-4.4408920985006E-16)
=	-1.595

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(1.15	+	0	+	-0.0010000000000003)
=	-1.149

When net working capital is negative, 0 is used.

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

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

Lucky Minerals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	-6.103	/	1.888
	=	-323.25 %

Lucky Minerals EBIT Related Terms

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Lucky Minerals (Lucky Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lucky Minerals Inc (OTCPK:LKMNF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

789 West Pender Street, Suite 1010, Vancouver, BC, CAN, V6C 1H2

Website

https://www.luckyminerals.com

Lucky Minerals Inc is engaged in the business of acquiring and exploring large-scale mineral systems in some districts. It owns an interest in the Fortuna Project in Ecuador that is a royalty-free exploration property and has the potential for the discovery of epithermal gold and copper, moly, gold porphyry type mineralization, as others found in the Andean Cordillera.