GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Themac Resources Group Ltd (OTCPK:MACQF) » Definitions » EBIT

MACQF (Themac Resources Group) EBIT : $-0.91 Mil (TTM As of Sep. 2024)


View and export this data going back to . Start your Free Trial

What is Themac Resources Group EBIT?

Themac Resources Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.91 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Themac Resources Group's annualized ROC % for the quarter that ended in Sep. 2024 was -0.55%. Themac Resources Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -3.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Themac Resources Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.72%.


Themac Resources Group EBIT Historical Data

The historical data trend for Themac Resources 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.

Themac Resources Group EBIT Chart

Themac Resources Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.56 -0.58 -0.67 -0.81 -0.68

Themac Resources Group 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 -0.04 -0.20 -0.22 -0.23 -0.26

Competitive Comparison of Themac Resources Group's EBIT

For the Other Industrial Metals & Mining subindustry, Themac Resources 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.


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

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

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



Themac Resources 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.91 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.


Themac Resources Group  (OTCPK:MACQF) EBIT Explanation

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

Themac Resources Group'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 )
=-1.064 * ( 1 - 0% )/( (192.477 + 196.767)/ 2 )
=-1.064/194.622
=-0.55 %

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:

Themac Resources Group'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 )
=-1.056/( ( (29.031 + max(-2.244, 0)) + (28.966 + max(-2.121, 0)) )/ 2 )
=-1.056/( ( 29.031 + 28.966 )/ 2 )
=-1.056/28.9985
=-3.64 %

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)
=(0.001 + 0 + 0.01) - (2.255 + 0 + 0)
=-2.244

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0 + 0.021) - (2.142 + 0 + 0.0010000000000048)
=-2.121

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.914/127.810
=-0.72 %

* 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.


Themac Resources Group EBIT Related Terms

Thank you for viewing the detailed overview of Themac Resources Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Themac Resources Group Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Themac Resources Group Ltd is a mineral exploration company that acquires, explores, and develops natural resource properties. Its project includes the Copper Flat mine. The Company has one operating segment: the exploration and development of its mineral property. The Copper Flat Project of the company is located Hillsboro mining district of New Mexico, United States of America is the focused project of the company.

Themac Resources Group Headlines

From GuruFocus

THEMAC Permitting Update

By GlobeNewswire GlobeNewswire 08-31-2018