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Laramide Resources (LTS:0V3P) EBIT : C$-4.67 Mil (TTM As of Mar. 2024)


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What is Laramide Resources EBIT?

Laramide Resources's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-1.43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-4.67 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Laramide Resources's annualized ROC % for the quarter that ended in Mar. 2024 was -6.33%. Laramide Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -5.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Laramide Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.48%.


Laramide Resources EBIT Historical Data

The historical data trend for Laramide 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.

Laramide Resources EBIT Chart

Laramide Resources 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 1.45 -3.49 -7.87 0.70 -4.13

Laramide Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.88 0.15 -2.85 -0.54 -1.43

Competitive Comparison of Laramide Resources's EBIT

For the Uranium subindustry, Laramide 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.


Laramide Resources's EV-to-EBIT Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Laramide Resources's EV-to-EBIT distribution charts can be found below:

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



Laramide 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4.67 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.


Laramide Resources  (LTS:0V3P) EBIT Explanation

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

Laramide Resources's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-6.736 * ( 1 - 0% )/( (103.518 + 109.409)/ 2 )
=-6.736/106.4635
=-6.33 %

where

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

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

Laramide Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.724/( ( (98.9 + max(-4.789, 0)) + (101.028 + max(-4.227, 0)) )/ 2 )
=-5.724/( ( 98.9 + 101.028 )/ 2 )
=-5.724/99.964
=-5.73 %

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 + 0.266) - (1.251 + 0 + 3.804)
=-4.789

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.406) - (1.177 + 0 + 3.456)
=-4.227

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-4.673/188.185
=-2.48 %

* 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.


Laramide Resources EBIT Related Terms

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Laramide Resources (LTS:0V3P) Business Description

Traded in Other Exchanges
Address
130 King Street West, The Exchange Tower, Suite 3680, Box 99, Toronto, ON, CAN, M5X 1B1
Laramide Resources Ltd is a Canadian company engaged in the exploration and development of high-quality uranium assets based in Australia and the United States. The company's project includes Churchrock and ISR, New Mexico; La Sal, Utah; La Jara Mesa; Westmoreland, Australia, and Murphy Project.

Laramide Resources (LTS:0V3P) Headlines

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