Nativo Resources (LSE:NTVO) EBIT : £-1.11 Mil (TTM As of Dec. 2023)

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What is Nativo Resources EBIT?

Nativo Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was £-0.90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was £-1.11 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nativo Resources's annualized ROC % for the quarter that ended in Dec. 2023 was -80.22%. Nativo Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -10,240.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nativo Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -18.41%.

Nativo Resources EBIT Historical Data

The historical data trend for Nativo Resources'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.

Nativo Resources EBIT Chart

Nativo Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-4.87

-7.65

1.31

-1.09

-1.50

Nativo Resources Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															-0.56	-0.52	-0.60	-0.90	-0.21

Competitive Comparison of Nativo Resources's EBIT

For the Other Precious Metals & Mining subindustry, Nativo Resources'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.

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

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

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

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Nativo Resources 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.11 Mil.

Nativo Resources (LSE:NTVO) EBIT Explanation

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

Nativo Resources's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-0.294 * ( 1 - 0% )	/	( (0.442	+	0.291)	/ 2 )
=	-0.294	/	0.3665
=	-80.22 %

where

	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	))
=	1.506	-	1.316	-	( 0.788	-	max(0, 1.316	-	1.064	+	0.788	))
=	0.442

	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	))
=	0.397	-	0.408	-	( 0.29	-	max(0, 0.666	-	0.364	+	0.29	))
=	0.291

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

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

Nativo Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.792	/	( ( (0.002 + max(-1.04, 0))	+	(0.033 + max(-0.574, 0)) )	/	2 )
=	-1.792	/	( ( 0.002	+	0.033 )	/	2 )
=	-1.792	/	0.0175
=	-10,240.00 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.277	+	0	+	-0.00099999999999989)	-	(1.316	+	0	+	0)
=	-1.04

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.057)	-	(0.408	+	0	+	0.223)
=	-0.574

When net working capital is negative, 0 is used.

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

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

Nativo Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-1.11	/	6.030
	=	-18.41 %

Nativo Resources EBIT Related Terms

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Nativo Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nativo Resources PLC (LSE:NTVO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 Great Portland Street, First Floor, London, GBR, W1W 7LT

Website

https://www.nativoresources.com

Nativo Resources PLC is engaged in precious metals (gold/silver) mining and the cleaning of known tailings deposits containing Measured and Indicated resources of gold and silver. The company has secured an opportunity to scale operations in Peru producing gold and silver through primary mining and tailings cleaning, owning 50% of the production and resources.

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