PT Merdeka Copper Gold Tbk (PT Merdeka Copper Gold Tbk) EBIT : $103 Mil (TTM As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is PT Merdeka Copper Gold Tbk EBIT?

PT Merdeka Copper Gold Tbk's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $103 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Merdeka Copper Gold Tbk's annualized ROC % for the quarter that ended in Dec. 2023 was 2.10%. PT Merdeka Copper Gold Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PT Merdeka Copper Gold Tbk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.94%.

PT Merdeka Copper Gold Tbk EBIT Historical Data

The historical data trend for PT Merdeka Copper Gold Tbk'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.

PT Merdeka Copper Gold Tbk EBIT Chart

PT Merdeka Copper Gold Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

128.08

74.54

78.14

150.38

102.53

PT Merdeka Copper Gold Tbk 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															17.44	31.71	-30.04	80.29	20.56

Competitive Comparison of PT Merdeka Copper Gold Tbk's EBIT

For the Other Industrial Metals & Mining subindustry, PT Merdeka Copper Gold Tbk'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.

PT Merdeka Copper Gold Tbk's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Merdeka Copper Gold Tbk's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PT Merdeka Copper Gold Tbk's EV-to-EBIT falls into.

PT Merdeka Copper Gold Tbk 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 $103 Mil.

PT Merdeka Copper Gold Tbk (OTCPK:PMCGF) EBIT Explanation

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

PT Merdeka Copper Gold Tbk'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 )
=	65.076 * ( 1 - -32.57% )	/	( (3903.883	+	4325.077)	/ 2 )
=	86.2712532	/	4114.48
=	2.10 %

where

	Invested Capital		(Q: Sep. 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	))
=	4690.531	-	364.996	-	( 472.57	-	max(0, 758.707	-	1180.359	+	472.57	))
=	3903.883

	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	))
=	4964.259	-	341.812	-	( 561.243	-	max(0, 909.461	-	1206.831	+	561.243	))
=	4325.077

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

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

PT Merdeka Copper Gold Tbk'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 )
=	82.252	/	( ( (2867.941 + max(252.635, 0))	+	(3017.969 + max(186.63, 0)) )	/	2 )
=	82.252	/	( ( 3120.576	+	3204.599 )	/	2 )
=	82.252	/	3162.5875
=	2.60 %

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)
=	(165.962	+	453.679	+	80.311)	-	(364.996	+	0	+	82.321)
=	252.635

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(120.59	+	443.613	+	79.195)	-	(341.812	+	0	+	114.956)
=	186.63

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:

PT Merdeka Copper Gold Tbk's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	102.53	/	5293.865
	=	1.94 %

PT Merdeka Copper Gold Tbk EBIT Related Terms

Thank you for viewing the detailed overview of PT Merdeka Copper Gold Tbk's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Merdeka Copper Gold Tbk (PT Merdeka Copper Gold Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Merdeka Copper Gold Tbk (OTCPK:PMCGF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

MDKA:Indonesia B0C:Germany

Address

Jalan Jenderal Sudirman Kav. 52-53, Treasury Tower, 67th-68th Floor, District 8 SCBD Lot. 28, Senayan, Kebayoran Baru, South Jakarta, Jakarta, IDN, 12190

Website

https://www.merdekacoppergold.com

PT Merdeka Copper Gold Tbk is a holding company. It is engaged in the mining businesses, encompassing the exploration and future production of gold, silver, copper and other related minerals. The company's operations and projects consist of Tujuh Bukit Gold, Wetar Copper, Tujuh Bukit Copper, Pani Gold, and Wetar Morowali AIM. Its geographical segment includes Hong Kong, Singapore, Switzerland, Korea, Monaco, Indonesia, and China.

PT Merdeka Copper Gold Tbk (PT Merdeka Copper Gold Tbk) Headlines

No Headlines