RAFX (Rafex Gold) EBIT: $ Mil (TTM As of Sep. 2023)


RAFX Rafex Gold Corp RAFX
39 GF Score
Price $1.00
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What is Rafex Gold EBIT?

Rafex Gold RAFX 39 EBIT is $ Mil as of Sep. 2023. GuruFocus rates RAFX with a GF Score™ of 39/100.

Rafex Gold's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rafex Gold's annualized ROC % for the quarter that ended in Sep. 2023 was -9.46%. Rafex Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -9.46%.

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

Rafex Gold  (OTCPK:RAFX) EBIT Explanation

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

Rafex Gold's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-0.084 * ( 1 - 0% )/( (0 + 0.888)/ 1 )
=-0.084/0.888
=-9.46 %

where

Invested Capital(Q: Sep. 2022 )
=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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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))
=0.896 - 0.03 - ( 0.001 - max(0, 0.03 - 0.008+0.001))
=0.888

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

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

Rafex Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.084/( ( (0 + max(0, 0)) + (0.888 + max(-0.023, 0)) )/ 1 )
=-0.084/( ( 0 + 0.888 )/ 1 )
=-0.084/0.888
=-9.46 %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.007) - (0.03 + 0 + 0)
=-0.023

When net working capital is negative, 0 is used.

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

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

Rafex Gold's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=/53.428
= %

* 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.

Rafex Gold EBIT Related Terms

Rafex Gold EBIT Historical Data

* Premium members only.

The historical data trend for Rafex Gold'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.

Rafex Gold EBIT Chart

Rafex Gold Annual Data
Trend
EBIT

Rafex Gold Quarterly Data
Sep22 Sep23
EBIT -0.02 -0.02

RAFX vs AHAD, BLAIF: EBIT Comparison

For the Shell Companies subindustry, Rafex Gold'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.

Rafex Gold EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Rafex Gold's EV-to-EBIT distribution charts can be found below:

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


RAFX
39GF Score
Rafex Gold Corp RAFX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Rafex Gold 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $ 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 $ Mil mean?
Rafex Gold (RAFX) has a EBIT of $ Mil as of Sep. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rafex Gold.
Is Rafex Gold's EBIT too high?
Rafex Gold's current EBIT is $ Mil. Overall, Rafex Gold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Rafex Gold's EBIT compare to AHAD and BLAIF?
Rafex Gold's EBIT of $ Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good EBIT depends on the Diversified Financial Services 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 Rafex Gold. Rafex Gold's current EBIT is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafex Gold stock overvalued right now?
Rafex Gold (RAFX) has a current EBIT of $ Mil. The current EBIT is $ Mil. Rafex Gold's overall GF Score™ is 39/100. 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 Rafex Gold (RAFX), the current EBIT is $ Mil as of Sep. 2023. 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.

Rafex Gold Business Description

Address 1912 Capitol Avenue, Suite 500, Cheyenne, WY, USA, 82001
Rafex Gold Corp engages in mineral exploration activities, focusing on the exploration and development of various mineral resources. The company's key assets include the Bendoc, Mt Bute, and Rutherglen projects, along with the Aur Gading iron ore mine. The Mt Bute Project is located in the Lachlan Orogen, a region known for hosting gold deposits, and is currently undergoing exploration and development activities.
39GF Score

Get the complete analysis for RAFX

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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