Bluejay Mining (LSE:JAY) EBIT : £-4.10 Mil (TTM As of Jun. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Bluejay Mining EBIT?

Bluejay Mining's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was £-0.97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was £-4.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bluejay Mining's annualized ROC % for the quarter that ended in Jun. 2023 was -4.88%. Bluejay Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -5.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bluejay Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 1,147.62%.

Bluejay Mining EBIT Historical Data

The historical data trend for Bluejay 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.

Bluejay Mining EBIT Chart

Bluejay Mining Annual Data

Trend

Feb12

Feb13

Jun14

Jun15

Jun16

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

-1.80

-2.29

-2.46

-2.70

-2.61

Bluejay Mining Semi-Annual Data
	Feb13	Aug13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT	Get a 7-Day Free Trial															-1.37	-1.34	0.53	-3.13	-0.97

Competitive Comparison of Bluejay Mining's EBIT

For the Other Industrial Metals & Mining subindustry, Bluejay 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.

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

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

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

Bluejay 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-4.10 Mil.

Bluejay Mining (LSE:JAY) EBIT Explanation

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

Bluejay Mining's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-1.93 * ( 1 - 0% )	/	( (38.766	+	40.351)	/ 2 )
=	-1.93	/	39.5585
=	-4.88 %

where

	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	))
=	41.031	-	0.268	-	( 1.997	-	max(0, 0.524	-	2.992	+	1.997	))
=	38.766

	Invested Capital		(Q: Jun. 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	))
=	41.577	-	1.145	-	( 0.081	-	max(0, 1.145	-	1.643	+	0.081	))
=	40.351

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

Bluejay Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.93	/	( ( (33.568 + max(0.432, 0))	+	(35.324 + max(0.417, 0)) )	/	2 )
=	-1.93	/	( ( 34	+	35.741 )	/	2 )
=	-1.93	/	34.8705
=	-5.53 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.874	+	0	+	0.082)	-	(0.268	+	0	+	0.256)
=	0.432

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.562	+	0	+	0)	-	(1.145	+	0	+	0)
=	0.417

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-4.097	/	-0.357
	=	1,147.62 %

Bluejay Mining EBIT Related Terms

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

Bluejay Mining (LSE:JAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bluejay Mining PLC (LSE:JAY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

BLLYF:USA S5WA:Germany

Address

6 Heddon Street, London, GBR, W1B 4BT

Website

https://www.bluejaymining.com

Bluejay Mining PLC is engaged in the exploration and development of precious and base metals. It explores copper, nickel, and zinc minerals. All the business activity of the group is operated through various geographical regions which include Greenland, Finland, and the UK. The company works on various projects which include Kangerluarsuk, Dundas IImenite Project. Disko-Nuussuaq and Thunderstone.

Bluejay Mining (LSE:JAY) Headlines

No Headlines