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First Andes Silver (First Andes Silver) EBIT : $-0.91 Mil (TTM As of Nov. 2023)


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What is First Andes Silver EBIT?

First Andes Silver's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2023 was $-0.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2023 was $-0.91 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. First Andes Silver's annualized ROC % for the quarter that ended in Nov. 2023 was -8.04%. First Andes Silver's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -8.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. First Andes Silver's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -19.73%.


First Andes Silver EBIT Historical Data

The historical data trend for First Andes Silver'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.

First Andes Silver EBIT Chart

First Andes Silver Annual Data
Trend Feb22 Feb23
EBIT
-2.13 -0.93

First Andes Silver Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.19 -0.28 -0.22 -0.36 -0.05

Competitive Comparison of First Andes Silver's EBIT

For the Other Precious Metals & Mining subindustry, First Andes Silver'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.


First Andes Silver's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where First Andes Silver's EV-to-EBIT falls into.



First Andes Silver 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 Nov. 2023 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.


First Andes Silver  (OTCPK:MSLVF) EBIT Explanation

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

First Andes Silver's annualized ROC % for the quarter that ended in Nov. 2023 is calculated as:

ROC % (Q: Nov. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Nov. 2023 ))/ count )
=-0.184 * ( 1 - 0% )/( (2.216 + 2.359)/ 2 )
=-0.184/2.2875
=-8.04 %

where

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

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

First Andes Silver's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Nov. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.184/( ( (2.146 + max(-0.337, 0)) + (2.219 + max(-0.469, 0)) )/ 2 )
=-0.184/( ( 2.146 + 2.219 )/ 2 )
=-0.184/2.1825
=-8.43 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.01 + 0 + 0.016) - (0.362 + 0 + 0.001)
=-0.337

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.011 + 0 + 0.01) - (0.49 + 0 + 0)
=-0.469

When net working capital is negative, 0 is used.

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

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

First Andes Silver's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2023 )
=-0.907/4.597
=-19.73 %

* 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.


First Andes Silver EBIT Related Terms

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First Andes Silver (First Andes Silver) Business Description

Traded in Other Exchanges
Address
1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Mantaro Precious Metals Corp holds a diversified portfolio of gold and silver-focused mineral properties in Bolivia and Peru. The company holds an option to acquire up to an 80% interest in the advanced Golden Hill Property (Golden Hill), located in the underexplored, orogenic Bolivia Shield, Bolivia. It also holds 100% interest in high-grade Santas Gloria Silver Property as well as a 100% interest in the San Jose, La Purisima, Cerro Luque and Huaranay Properties (Silver Properties) located in Peru.