Bluelake Mineral AB (NGM:BLUE) EBIT : kr-16.68 Mil (TTM As of Mar. 2024)

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What is Bluelake Mineral AB EBIT?

Bluelake Mineral AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr-3.78 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr-16.68 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bluelake Mineral AB's annualized ROC % for the quarter that ended in Mar. 2024 was -21.73%. Bluelake Mineral AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bluelake Mineral AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -22.35%.

Bluelake Mineral AB EBIT Historical Data

The historical data trend for Bluelake Mineral AB'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.

Bluelake Mineral AB EBIT Chart

Bluelake Mineral AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-6.85

-8.33

-14.00

-5.80

-17.19

Bluelake Mineral AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-5.25	-3.70	-2.83	-6.37	-3.78

Competitive Comparison of Bluelake Mineral AB's EBIT

For the Other Industrial Metals & Mining subindustry, Bluelake Mineral AB'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.

Bluelake Mineral AB's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Bluelake Mineral AB's EV-to-EBIT falls into.

Bluelake Mineral AB 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-16.68 Mil.

Bluelake Mineral AB (NGM:BLUE) EBIT Explanation

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

Bluelake Mineral AB's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-13.832 * ( 1 - 0% )	/	( (62.745	+	64.572)	/ 2 )
=	-13.832	/	63.6585
=	-21.73 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	57.04	-	1.49	-	( 8.828	-	max(0, 18.023	-	10.828	+	8.828	))
=	62.745

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	53.58	-	0.479	-	( 5.82	-	max(0, 18.839	-	7.368	+	5.82	))
=	64.572

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Bluelake Mineral AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-15.116	/	( ( (0 + max(-17.288, 0))	+	(0 + max(-18.84, 0)) )	/	2 )
=	-15.116	/	( ( 0	+	0 )	/	2 )
=	-15.116	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.735)	-	(1.49	+	0	+	16.533)
=	-17.288

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	-0.00099999999999945)	-	(0.479	+	0	+	18.36)
=	-18.84

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Bluelake Mineral AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-16.682	/	74.641
	=	-22.35 %

Bluelake Mineral AB EBIT Related Terms

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Bluelake Mineral AB (NGM:BLUE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bluelake Mineral AB (NGM:BLUE) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Brahegatan 29, Stockholm, SWE, 114 37

Website

https://www.bluelakemineral.com

Bluelake Mineral AB is an independent mining company. It is engaged in mine development of copper and zinc resources as well as the exploration of nickel, gold, and oil. The company also owns the nickel projects Ronnbacken and Orrbacken in Sweden.