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Amex Exploration (LTS:0A6N) EBIT : C$-3.27 Mil (TTM As of Sep. 2024)


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What is Amex Exploration EBIT?

Amex Exploration's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$-0.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-3.27 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Amex Exploration's annualized ROC % for the quarter that ended in Sep. 2024 was 5.68%. Amex Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Amex Exploration's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2.77%.


Amex Exploration EBIT Historical Data

The historical data trend for Amex Exploration'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.

Amex Exploration EBIT Chart

Amex Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.32 -4.00 -3.76 -3.66 -3.32

Amex Exploration Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.69 -1.38 -0.78 -0.61 -0.50

Competitive Comparison of Amex Exploration's EBIT

For the Gold subindustry, Amex Exploration'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.


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

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

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



Amex Exploration 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.27 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.


Amex Exploration  (LTS:0A6N) EBIT Explanation

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

Amex Exploration's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-1.984 * ( 1 - 444.08% )/( (118.421 + 122.095)/ 2 )
=6.8265472/120.258
=5.68 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Amex Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.984/( ( (112.698 + max(-7.923, 0)) + (118.053 + max(-5.465, 0)) )/ 2 )
=-1.984/( ( 112.698 + 118.053 )/ 2 )
=-1.984/115.3755
=-1.72 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.263) - (2.463 + 0 + 5.723)
=-7.923

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.279) - (1.784 + 0 + 3.96)
=-5.465

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Amex Exploration's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-3.271/117.914
=-2.77 %

* 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.


Amex Exploration EBIT Related Terms

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Amex Exploration Business Description

Traded in Other Exchanges
Address
410 St-Nicolas Street, Suite 236, Montreal, QC, CAN, H2Y 2P5
Amex Exploration Inc is a mining exploration company focused on developing high-grade gold ounces from the Perron Gold Project, located approximately 110 kilometers north of Rouyn-Noranda, Quebec. Its Eldorado Gold has strategically invested in Amex by acquiring a significant stake, drawn by the high quality and grade of the Perron project. The project is well-serviced by existing infrastructure, on a year-round road, from an airport, and outside the town of Normetal. The open pit and underground stope operations contain approximately 594,100 measured and indicated ounces at an average grade of around 4.28 g/t Au, along with approximately 1,049,650 inferred ounces at a grade of around 3.80 g/t Au.

Amex Exploration Headlines

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