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Atlas Metals Group (LSE:AMG) EBIT : £-2.15 Mil (TTM As of Jun. 2024)


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What is Atlas Metals Group EBIT?

Atlas Metals Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was £-1.28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was £-2.15 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Atlas Metals Group's annualized ROC % for the quarter that ended in Jun. 2024 was -150.16%. Atlas Metals Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Atlas Metals Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -100.66%.

Atlas Metals Group EBIT Historical Data

The historical data trend for Atlas Metals Group'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.

Atlas Metals Group EBIT Chart

Atlas Metals Group Annual Data
Trend Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -0.24 -0.83 -1.85 -2.08 -1.36

Atlas Metals Group Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -1.00 -1.08 -0.49 -0.87 -1.28

Competitive Comparison of Atlas Metals Group's EBIT

For the Other Industrial Metals & Mining subindustry, Atlas Metals Group'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.

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

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

* The bar in red indicates where Atlas Metals Group's EV-to-EBIT falls into.


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Atlas Metals Group 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 £-2.15 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.

Atlas Metals Group  (LSE:AMG) EBIT Explanation

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

Atlas Metals Group'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 )
=-2.582 * ( 1 - 0% )/( (2.606 + 0.833)/ 2 )
=-2.582/1.7195
=-150.16 %

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))
=1.691 - 1.922 - ( 0.005 - max(0, 2.915 - 0.078+0.005))
=2.606

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))
=0.849 - 3.166 - ( 0 - max(0, 3.166 - 0.016+0))
=0.833

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:

Atlas Metals Group'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 )
=-2.562/( ( (0 + max(-2.087, 0)) + (0 + max(-3.15, 0)) )/ 2 )
=-2.562/( ( 0 + 0 )/ 2 )
=-2.562/0
= %

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 + 0.001) - (1.922 + 0 + 0.166)
=-2.087

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.016 + 0 + 0) - (3.166 + 0 + 0)
=-3.15

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:

Atlas Metals Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-2.151/2.137
=-100.66 %

* 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.

Atlas Metals Group EBIT Related Terms

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Atlas Metals Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlas Metals Group PLC (LSE:AMG) » Definitions » EBIT
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Traded in Other Exchanges
N/A
Address
107 Cheapside, 9th Floor, London, GBR, EC2V 6DN
Website
https://www.atlasmetalsgroup.com
Atlas Metals Group PLC is focused on identifying projects and acquisition opportunities with the potential for growth and value creation in commodities with high demand due to macroeconomic, energy transition, and technology trends. The company is engaged in buying and building plans in copper and critical metals, starting in Morocco with an initial focus across Africa. The projects of the company include The Gold Ridge Project, Uranium Project, Lake Victoria Gold Project, and others.