GreenRoc Strategic Materials (LSE:GROC) EBIT : £-1.67 Mil (TTM As of May. 2024)

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What is GreenRoc Strategic Materials EBIT?

GreenRoc Strategic Materials's earnings before interest and taxes (EBIT) for the six months ended in May. 2024 was £-0.40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2024 was £-1.67 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GreenRoc Strategic Materials's annualized ROC % for the quarter that ended in May. 2024 was -7.93%. GreenRoc Strategic Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 was -16.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GreenRoc Strategic Materials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2024 was -50.62%.

GreenRoc Strategic Materials EBIT Historical Data

The historical data trend for GreenRoc Strategic Materials'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.

GreenRoc Strategic Materials EBIT Chart

GreenRoc Strategic Materials Annual Data

Trend

Nov21

Nov22

Nov23

EBIT

-1.23

-1.69

GreenRoc Strategic Materials Semi-Annual Data
	May22	Nov22	May23	Nov23	May24
EBIT	-0.48	-0.75	-0.42	-1.28	-0.40

Competitive Comparison of GreenRoc Strategic Materials's EBIT

For the Other Industrial Metals & Mining subindustry, GreenRoc Strategic Materials'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.

GreenRoc Strategic Materials's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where GreenRoc Strategic Materials's EV-to-EBIT falls into.

GreenRoc Strategic Materials 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 May. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.67 Mil.

GreenRoc Strategic Materials (LSE:GROC) EBIT Explanation

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

GreenRoc Strategic Materials's annualized ROC % for the quarter that ended in May. 2024 is calculated as:

	ROC % (Q: May. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Nov. 2023 )	+	Invested Capital (Q: May. 2024 ))	/ count )
=	-0.794 * ( 1 - 0% )	/	( (10.029	+	10)	/ 2 )
=	-0.794	/	10.0145
=	-7.93 %

where

	Invested Capital		(Q: Nov. 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	))
=	10.428	-	0.247	-	( 0.152	-	max(0, 0.397	-	0.588	+	0.152	))
=	10.029

	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	))
=	10.093	-	0.385	-	( 0.07	-	max(0, 0.385	-	0.093	+	0.07	))
=	10

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

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

GreenRoc Strategic Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: May. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Nov. 2023		Q: May. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.796	/	( ( (9.84 + max(-0.348, 0))	+	(0 + max(-0.362, 0)) )	/	2 )
=	-0.796	/	( ( 9.84	+	0 )	/	2 )
=	-0.796	/	4.92
=	-16.18 %

where Working Capital is:

	Working Capital		(Q: Nov. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.049)	-	(0.247	+	0	+	0.15)
=	-0.348

	Working Capital		(Q: May. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.023	+	0	+	0)	-	(0.385	+	0	+	0)
=	-0.362

When net working capital is negative, 0 is used.

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

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

GreenRoc Strategic Materials's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: May. 2024 )
	=	-1.674	/	3.307
	=	-50.62 %

GreenRoc Strategic Materials EBIT Related Terms

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GreenRoc Strategic Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GreenRoc Strategic Materials PLC (LSE:GROC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

3WF:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.greenrocplc.com

GreenRoc Strategic Materials PLC operates as a mining company. Its activity includes activity is the exploration of and development of critical minerals. The projects of the company include the Thule Black Sands Ilmenite Project, and the Amitsoq Graphite Project located in Greenland.

GreenRoc Strategic Materials Headlines

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