GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metals Creek Resources Corp (OTCPK:MCREF) » Definitions » EBIT

Metals Creek Resources (Metals Creek Resources) EBIT : $-0.43 Mil (TTM As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Metals Creek Resources EBIT?

Metals Creek Resources's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Metals Creek Resources's annualized ROC % for the quarter that ended in Dec. 2023 was -5.11%. Metals Creek Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Metals Creek Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -11.86%.


Metals Creek Resources EBIT Historical Data

The historical data trend for Metals Creek 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.

Metals Creek Resources EBIT Chart

Metals Creek 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 -0.53 -0.45 -1.06 -0.73 -0.43

Metals Creek Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.05 -0.15 -0.11 -0.09 -0.08

Competitive Comparison of Metals Creek Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Metals Creek 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.


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

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

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



Metals Creek 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 quarterly data reported by the company within the most recent 12 months, which was $-0.43 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.


Metals Creek Resources  (OTCPK:MCREF) EBIT Explanation

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

Metals Creek 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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.324 * ( 1 - 0% )/( (6.157 + 6.518)/ 2 )
=-0.324/6.3375
=-5.11 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Metals Creek 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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.324/( ( (6.011 + max(-0.007, 0)) + (6.121 + max(0.202, 0)) )/ 2 )
=-0.324/( ( 6.011 + 6.323 )/ 2 )
=-0.324/6.167
=-5.25 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.101) - (0.108 + 0 + 0)
=-0.007

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.302) - (0.099 + 0 + 0.00099999999999999)
=0.202

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.429/3.618
=-11.86 %

* 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.


Metals Creek Resources EBIT Related Terms

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


Metals Creek Resources (Metals Creek Resources) Business Description

Traded in Other Exchanges
Address
No.329-1100 Memorial Ave, Thunder Bay, ON, CAN, P7B 4A3
Metals Creek Resources Corp is an exploration stage company engaged in the exploration of mineral resource properties. Its activities include prospecting, sampling, geological mapping and geophysical surveying, trenching, and diamond drilling. The company's project portfolio includes Ogden, Dona Lake and others.

Metals Creek Resources (Metals Creek Resources) Headlines

From GuruFocus