Arkle Resources (LSE:ARK) EBIT : £-0.26 Mil (TTM As of Jun. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Arkle Resources EBIT?

Arkle Resources's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was £-0.15 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was £-0.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arkle Resources's annualized ROC % for the quarter that ended in Jun. 2024 was -7.79%. Arkle Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -8.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Arkle Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -16.75%.

Arkle Resources EBIT Historical Data

The historical data trend for Arkle 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.

Arkle Resources EBIT Chart

Arkle Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-0.25

-0.30

-0.29

-0.25

-0.24

Arkle Resources Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															-0.12	-0.13	-0.13	-0.11	-0.15

Competitive Comparison of Arkle Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Arkle 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.

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

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

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

Save Embed

;

Save Embed

;

Arkle 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 £-0.26 Mil.

Arkle Resources (LSE:ARK) EBIT Explanation

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

Arkle 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 )
=	-0.296 * ( 1 - 0% )	/	( (3.914	+	3.688)	/ 2 )
=	-0.296	/	3.801
=	-7.79 %

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	))
=	3.603	-	0.055	-	( 0.078	-	max(0, 0.445	-	0.079	+	0.078	))
=	3.914

	Invested Capital		(Q: Jun. 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	))
=	3.699	-	0.327	-	( 0.143	-	max(0, 0.462	-	0.146	+	0.143	))
=	3.688

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:

Arkle 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 )
=	-0.296	/	( ( (3.524 + max(-0.445, 0))	+	(3.553 + max(-0.462, 0)) )	/	2 )
=	-0.296	/	( ( 3.524	+	3.553 )	/	2 )
=	-0.296	/	3.5385
=	-8.37 %

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)	-	(0.055	+	0	+	0.39)
=	-0.445

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.327	+	0	+	0.135)
=	-0.462

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-0.26	/	1.552
	=	-16.75 %

Arkle Resources EBIT Related Terms

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

Arkle Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arkle Resources PLC (LSE:ARK) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

48O:Germany

Address

162 Clontarf Road, Dublin, IRL, 3

Website

https://www.arkleresources.com

Arkle Resources PLC is a mineral exploration company. The company focuses on the exploration and development, production of, oil and gas reserves, and other related activities. Its operating segment based on geographical areas is Limerick and the Rest of Ireland. The company's holds interests in fourteen exploration licenses mainly for gold, zinc, and lithium in known mineralised trends.