PMMEF (Premium Exploration) EBIT: $-1.67 Mil (TTM As of Sep. 2014)


What is Premium Exploration EBIT?

Premium Exploration PMMEF -90.00% EBIT is $-1.67 Mil as of Sep. 2014.

Premium Exploration's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2014 was $-0.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2014 was $-1.67 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Premium Exploration's annualized ROC % for the quarter that ended in Sep. 2014 was -94.26%. Premium Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2014 was -112.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Premium Exploration  (OTCPK:PMMEF) EBIT Explanation

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

Premium Exploration's annualized ROC % for the quarter that ended in Sep. 2014 is calculated as:

ROC % (Q: Sep. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2014 ) + Invested Capital (Q: Sep. 2014 ))/ count )
=-2.396 * ( 1 - 0% )/( (2.518 + 2.566)/ 2 )
=-2.396/2.542
=-94.26 %

where

Invested Capital(Q: Jun. 2014 )
=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))
=2.595 - 0.697 - ( 0.031 - max(0, 1.013 - 0.393+0.031))
=2.518

Invested Capital(Q: Sep. 2014 )
=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))
=2.419 - 1.105 - ( 0.002 - max(0, 1.508 - 0.256+0.002))
=2.566

Note: The Operating Income data used here is four times the quarterly (Sep. 2014) data.

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

Premium Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2014  Q: Sep. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.46/( ( (2.2 + max(-0.634, 0)) + (2.163 + max(-1.035, 0)) )/ 2 )
=-2.46/( ( 2.2 + 2.163 )/ 2 )
=-2.46/2.1815
=-112.77 %

where Working Capital is:

Working Capital(Q: Jun. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.008 + 0 + 0.055) - (0.697 + 0 + 0)
=-0.634

Working Capital(Q: Sep. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.013 + 0 + 0.058) - (1.105 + 0 + 0.00099999999999989)
=-1.035

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2014) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2014 )
=-1.665/0.000
= %

* 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 Exploration EBIT Related Terms

Premium Exploration EBIT Historical Data

* Premium members only.

The historical data trend for Premium 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 Exploration EBIT Chart

Premium Exploration Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
EBIT
Get a 7-Day Free Trial Premium Member Only -2.32 -6.64 -8.11 -2.81 -1.19

Premium Exploration Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -0.34 -0.42 -0.51 -0.13 -0.62

Premium Exploration EBIT Competitor Comparison

For the Other Precious Metals & Mining subindustry, Premium 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.

Premium Exploration EV-to-EBIT vs Metals & Mining Industry

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

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


Premium 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 Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.67 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-1.67 Mil mean?
Premium Exploration (PMMEF) has a EBIT of $-1.67 Mil as of Sep. 2014. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Premium Exploration.
Is Premium Exploration's EBIT too high?
Premium Exploration's current EBIT is $-1.67 Mil.
How does Premium Exploration's EBIT compare to competitors?
Premium Exploration's EBIT of $-1.67 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Premium Exploration. Premium Exploration's current EBIT is $-1.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premium Exploration stock overvalued right now?
Premium Exploration (PMMEF) has a current EBIT of $-1.67 Mil. The current EBIT is $-1.67 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Premium Exploration (PMMEF), the current EBIT is $-1.67 Mil as of Sep. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Premium Exploration Business Description

Address 254 W. Hanley Avenue, Suite A, Coeur d\'Alene, ID, USA, 83815
Premium Exploration Inc is a mineral exploration company operating in Canada. It mainly explores and develops precious metal properties. The company owns an interest in the Idaho Gold Project, which includes Buffalo Gulch Zone, the Deadwood Zone, the Friday Zone, the Project X Zone, the Monday Zone and the Lucky Strike Zone. It also holds exploration interest in Chrome Mountain Property.