Caracal Gold (LSE:GCAT) EBIT : £-3.44 Mil (TTM As of Dec. 2022)

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What is Caracal Gold EBIT?

Caracal Gold's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was £-3.44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was £-3.44 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Caracal Gold's annualized ROC % for the quarter that ended in Dec. 2022 was -75.48%. Caracal Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -213.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Caracal Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -27.44%.

Caracal Gold EBIT Historical Data

The historical data trend for Caracal Gold'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.

Caracal Gold EBIT Chart

Caracal Gold Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

EBIT

-0.28

-0.16

-0.37

-0.46

Caracal Gold Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec22
EBIT	Get a 7-Day Free Trial						-0.30	-0.07	-1.51	-0.34	-3.44

Competitive Comparison of Caracal Gold's EBIT

For the Gold subindustry, Caracal Gold'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.

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

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

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

Caracal Gold 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 Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-3.44 Mil.

Caracal Gold (LSE:GCAT) EBIT Explanation

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

Caracal Gold's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2021 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	-5.662 * ( 1 - 0% )	/	( (0.45	+	14.552)	/ 2 )
=	-5.662	/	7.501
=	-75.48 %

where

	Invested Capital		(Q: Jun. 2021 )
=	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	))
=	0.02	-	1.798	-	( 0.015	-	max(0, 2.248	-	0.02	+	0.015	))
=	0.45

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	10.134	-	2.576	-	( 0.002	-	max(0, 8.269	-	1.275	+	0.002	))
=	14.552

Note: The Operating Income data used here is two times the semi-annual (Dec. 2022) data.

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

Caracal Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2021		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-6.888	/	( ( (0 + max(-1.798, 0))	+	(6.467 + max(-5.215, 0)) )	/	2 )
=	-6.888	/	( ( 0	+	6.467 )	/	2 )
=	-6.888	/	3.2335
=	-213.02 %

where Working Capital is:

	Working Capital		(Q: Jun. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(1.798	+	0	+	0)
=	-1.798

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.5	+	0.773	+	-2.2204460492503E-16)	-	(2.576	+	0	+	3.912)
=	-5.215

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

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

Caracal Gold's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	-3.444	/	12.550
	=	-27.44 %

Caracal Gold EBIT Related Terms

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Caracal Gold (LSE:GCAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Caracal Gold PLC (LSE:GCAT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

27-28 Eastcastle Street, Anchor House, London, GBR, W1W 8DH

Website

https://www.caracalgold.com

Caracal Gold PLC operates in two segments such as activities of raising finance & seeking new investment opportunities, all based in the UK and Gold mining operations are all based in Kenya and Tanzania. The majority of revenue is from Kenya. Its Kilimapesa Gold Mine is located in Kenya. Gold ore is produced on-site and exported to international refiners, offering immediate value uplift through revenue generation.

Caracal Gold (LSE:GCAT) Headlines

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