LVGLF (Lake Victoria Gold) EBIT: $-2.65 Mil (TTM As of Mar. 2026)

What is Lake Victoria Gold EBIT?

Lake Victoria Gold LVGLF +1.11% 32 EBIT is $-2.65 Mil as of Mar. 2026. GuruFocus rates LVGLF with a GF Score™ of 32/100. The stock has 2 warning signs investors should review.

Lake Victoria Gold's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-0.55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-2.65 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lake Victoria Gold's annualized ROC % for the quarter that ended in Mar. 2026 was -16.94%. Lake Victoria Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -22.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lake Victoria Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.89%.

Lake Victoria Gold (OTCPK:LVGLF) EBIT Explanation

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

Lake Victoria Gold's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-2.16 * ( 1 - 0% )	/	( (12.533	+	12.971)	/ 2 )
=	-2.16	/	12.752
=	-16.94 %

where

	Invested Capital		(Q: Dec. 2025 )
=	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	))
=	13.412	-	0.779	-	( 1.356	-	max(0, 1.521	-	1.621	+	1.356	))
=	12.533

	Invested Capital		(Q: Mar. 2026 )
=	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	))
=	13.128	-	0.745	-	( 0.512	-	max(0, 1.404	-	0.816	+	0.512	))
=	12.971

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Lake Victoria Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.216	/	( ( (9.817 + max(-0.59, 0))	+	(10.295 + max(-0.54, 0)) )	/	2 )
=	-2.216	/	( ( 9.817	+	10.295 )	/	2 )
=	-2.216	/	10.056
=	-22.04 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.188)	-	(0.779	+	0	+	-0.0010000000000001)
=	-0.59

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.204)	-	(0.745	+	0	+	-0.0010000000000001)
=	-0.54

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Lake Victoria Gold's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	-2.652	/	38.465
	=	-6.89 %

* 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.

Lake Victoria Gold EBIT Related Terms

Lake Victoria Gold EBIT Historical Data

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The historical data trend for Lake Victoria Gold's EBIT can be seen below:

Lake Victoria Gold EBIT Chart

Lake Victoria Gold Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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-1.49

-0.77

-2.17

-2.23

-2.40

Lake Victoria Gold Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															-0.31	-0.38	-0.85	-0.87	-0.55

LVGLF vs NEM, AU: EBIT Comparison

For the Gold subindustry, Lake Victoria Gold'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.

Lake Victoria Gold EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Lake Victoria Gold's EV-to-EBIT falls into.

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32GF Score

Lake Victoria Gold Ltd LVGLF

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Lake Victoria Gold 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.65 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-2.65 Mil mean?

Lake Victoria Gold (LVGLF) has a EBIT of $-2.65 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lake Victoria Gold.

Is Lake Victoria Gold's EBIT too high?

Lake Victoria Gold's current EBIT is $-2.65 Mil. Overall, Lake Victoria Gold has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.

How does Lake Victoria Gold's EBIT compare to NEM and AU?

Lake Victoria Gold's EBIT of $-2.65 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Metals & Mining company?

A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lake Victoria Gold. Lake Victoria Gold's current EBIT is $-2.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Lake Victoria Gold stock overvalued right now?

Lake Victoria Gold (LVGLF) has a current EBIT of $-2.65 Mil. The current EBIT is $-2.65 Mil. Lake Victoria Gold's overall GF Score™ is 32/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Lake Victoria Gold (LVGLF), the current EBIT is $-2.65 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lake Victoria Gold Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSXV:LME TSXV:RYR TSXV:PRG TSXV:ONAU TSXV:LIO TSXV:GFG TSXV:LEGY TSXV:OGW TSXV:GPG TSXV:ALTA SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM AU TSX:FNV HKSE:02259 TSX:K JSE:GFI

Other Exchanges E1K:Germany LVG:Canada

Address 1090 W. Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website https://www.lakevictoriagold.com

Lake Victoria Gold Ltd is a junior mineral exploration company. It is engaged in the acquisition and exploration of mineral properties located in Tanzania. The company focuses on gold exploration and development. Its project includes the Tembo Gold Project, located in northwest Tanzania, and the Imwelo Project. The Company operates in one reportable segment, being the exploration and development of unproven exploration and evaluation assets.

32GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.19

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