Ten Sixty Four (Ten Sixty Four) EBIT : $-2.9 Mil (TTM As of Dec. 2022)

View and export this data going back to 2010. Start your Free Trial

What is Ten Sixty Four EBIT?

Ten Sixty Four's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was $21.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-2.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ten Sixty Four's annualized ROC % for the quarter that ended in Dec. 2022 was 28.27%. Ten Sixty Four's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 35.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ten Sixty Four's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 6.40%.

Ten Sixty Four EBIT Historical Data

The historical data trend for Ten Sixty Four'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.

Ten Sixty Four EBIT Chart

Ten Sixty Four Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

EBIT

Get a 7-Day Free Trial

-5.54

22.80

28.43

28.95

-11.44

Ten Sixty Four Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
EBIT	Get a 7-Day Free Trial															42.81	-13.86	13.03	-24.47	21.53

Competitive Comparison of Ten Sixty Four's EBIT

For the Gold subindustry, Ten Sixty Four'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.

Ten Sixty Four's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Ten Sixty Four's EV-to-EBIT falls into.

Ten Sixty Four 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.9 Mil.

Ten Sixty Four (OTCPK:MDSMF) EBIT Explanation

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

Ten Sixty Four's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	43.054 * ( 1 - -9.99% )	/	( (161.221	+	173.84)	/ 2 )
=	47.3550946	/	167.5305
=	28.27 %

where

	Invested Capital		(Q: Jun. 2022 )
=	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	))
=	228.119	-	16.24	-	( 50.658	-	max(0, 17.974	-	96.114	+	50.658	))
=	161.221

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	246.793	-	12.29	-	( 60.663	-	max(0, 14.183	-	95.82	+	60.663	))
=	173.84

Note: The Operating Income data used here is two times the semi-annual (Dec. 2022) data.

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

Ten Sixty Four's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	43.054	/	( ( (96.753 + max(18.314, 0))	+	(108.472 + max(22.517, 0)) )	/	2 )
=	43.054	/	( ( 115.067	+	130.989 )	/	2 )
=	43.054	/	123.028
=	35.00 %

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.561	+	30.659	+	0.694)	-	(16.24	+	0	+	0.36)
=	18.314

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(13.077	+	21.932	+	0.148)	-	(12.29	+	0	+	0.35)
=	22.517

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

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

Ten Sixty Four's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	-2.939	/	-45.887
	=	6.40 %

Ten Sixty Four EBIT Related Terms

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

Ten Sixty Four (Ten Sixty Four) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ten Sixty Four Ltd (OTCPK:MDSMF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1209 Hay Street, Suite 3, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.x64.gold

Ten Sixty Four Ltd is an Australian based gold producer company. It is engaged in the mineral exploration, evaluation, development, and production of properties. The company's segments include Mining, Exploration, and Other. The Mining segment generates all of its revenues. Its projects include the Co-O mine, Philippines exploration, and Queensland projects. It derives revenue from the sale of gold and silver. Its geographical segments include Australia, the Philippines, and Hong Kong, of which all of the revenues are generated from Hong Kong.