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Andrada Mining (LSE:ATM) EBIT : £-7.20 Mil (TTM As of Aug. 2024)


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What is Andrada Mining EBIT?

Andrada Mining's earnings before interest and taxes (EBIT) for the six months ended in Aug. 2024 was £-1.93 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was £-7.20 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Andrada Mining's annualized ROC % for the quarter that ended in Aug. 2024 was -8.10%. Andrada Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -8.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Andrada Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -13.32%.


Andrada Mining EBIT Historical Data

The historical data trend for Andrada Mining'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.

Andrada Mining EBIT Chart

Andrada Mining Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.79 -5.66 0.67 -8.30 -7.73

Andrada Mining Semi-Annual Data
Feb15 Feb16 Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 -3.53 -4.77 -2.47 -5.26 -1.93

Competitive Comparison of Andrada Mining's EBIT

For the Other Industrial Metals & Mining subindustry, Andrada Mining'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.


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

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

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



Andrada Mining 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 semi-annually data reported by the company within the most recent 12 months, which was £-7.20 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.


Andrada Mining  (LSE:ATM) EBIT Explanation

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

Andrada Mining'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: Feb. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=-4.33 * ( 1 - 0% )/( (50.53 + 56.392)/ 2 )
=-4.33/53.461
=-8.10 %

where

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

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

Andrada Mining'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: Feb. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.864/( ( (42.605 + max(-2.46, 0)) + (50.579 + max(2.773, 0)) )/ 2 )
=-3.864/( ( 42.605 + 53.352 )/ 2 )
=-3.864/47.9785
=-8.05 %

where Working Capital is:

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.678 + 2.949 + 1.852) - (4.395 + 0 + 3.544)
=-2.46

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.745 + 5.75 + 2.953) - (4.421 + 0 + 2.254)
=2.773

When net working capital is negative, 0 is used.

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

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

Andrada Mining's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2024 )
=-7.195/54.028
=-13.32 %

* 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.


Andrada Mining EBIT Related Terms

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Andrada Mining Business Description

Traded in Other Exchanges
Address
Hirzel Street, P.O. Box 282, Oak House, Saint Peter Port, GGY, GY1 3RH
Andrada Mining Ltd is a Guernsey-based mining company. The group has a single operating segment consisting of the Namibian operations. The company's project consists of the Uis Tin project and the Mokopane Tin project. It derives a majority of its revenue from the Namibia region. The company's asset includes Lithium Ridge (Nai-Nais), Spodumene Hill, and Brandberg West.

Andrada Mining Headlines

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