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Newport Exploration (Newport Exploration) EBIT : $2.48 Mil (TTM As of Jan. 2024)


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What is Newport Exploration EBIT?

Newport Exploration's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $0.60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $2.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Newport Exploration's annualized ROC % for the quarter that ended in Jan. 2024 was -68.85%. Newport Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 240.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Newport Exploration's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 24.51%.


Newport Exploration EBIT Historical Data

The historical data trend for Newport Exploration'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.

Newport Exploration EBIT Chart

Newport Exploration Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.20 -1.52 7.20 5.93 2.88

Newport Exploration Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.86 0.55 0.60 0.73 0.60

Competitive Comparison of Newport Exploration's EBIT

For the Other Industrial Metals & Mining subindustry, Newport Exploration'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.


Newport Exploration's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Newport Exploration's EV-to-EBIT falls into.



Newport Exploration 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.48 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.


Newport Exploration  (OTCPK:NWXPF) EBIT Explanation

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

Newport Exploration's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-1.176 * ( 1 - 34.9% )/( (1.113 + 1.111)/ 2 )
=-0.765576/1.112
=-68.85 %

where

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

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

Newport Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.388/( ( (0.081 + max(0.939, 0)) + (0.071 + max(0.896, 0)) )/ 2 )
=2.388/( ( 1.02 + 0.967 )/ 2 )
=2.388/0.9935
=240.36 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.964 + 0 + 0.004) - (0.025 + 0 + 0.004)
=0.939

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.901 + 0 + 0.018) - (0.022 + 0 + 0.00099999999999999)
=0.896

When net working capital is negative, 0 is used.

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

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

Newport Exploration's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=2.479/10.115
=24.51 %

* 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.


Newport Exploration EBIT Related Terms

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Newport Exploration (Newport Exploration) Business Description

Traded in Other Exchanges
Address
2168 Marine Drive, Suite 202, Vancouver, BC, CAN, V7V 1K3
Newport Exploration Ltd is an exploration stage company. It is engaged in the acquisition and exploration of resource properties. Its projects include Cooper Basin in Australia and Chu Chua property in Canada. Newport has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada. Its Cooper Basin project includes EX-PEL 91 OIL and EX-PEL'S 632, 106, and PPL 239-WET GAS, which is located on Western Wet Gas Fairway, Cooper Basin.

Newport Exploration (Newport Exploration) Headlines