RDEMF (Red Eagle Mining) EBIT: $-84.71 Mil (TTM As of Jun. 2018)


What is Red Eagle Mining EBIT?

Red Eagle Mining RDEMF -99.00% EBIT is $-84.71 Mil as of Jun. 2018.

Red Eagle Mining's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2018 was $-72.83 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2018 was $-84.71 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Red Eagle Mining's annualized ROC % for the quarter that ended in Jun. 2018 was -8.56%. Red Eagle Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was -222.99%.

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

Red Eagle Mining  (OTCPK:RDEMF) EBIT Explanation

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

Red Eagle Mining's annualized ROC % for the quarter that ended in Jun. 2018 is calculated as:

ROC % (Q: Jun. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2018 ) + Invested Capital (Q: Jun. 2018 ))/ count )
=-15.976 * ( 1 - 0% )/( (186.71 + 186.434)/ 2 )
=-15.976/186.572
=-8.56 %

where

Invested Capital(Q: Mar. 2018 )
=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))
=179.508 - 24.163 - ( 0.637 - max(0, 45.22 - 13.855+0.637))
=186.71

Invested Capital(Q: Jun. 2018 )
=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))
=115.215 - 28.551 - ( 0.239 - max(0, 112.185 - 12.415+0.239))
=186.434

Note: The Operating Income data used here is four times the quarterly (Jun. 2018) data.

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

Red Eagle Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2018  Q: Jun. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-291.316/( ( (161.935 + max(-10.945, 0)) + (99.343 + max(-16.375, 0)) )/ 2 )
=-291.316/( ( 161.935 + 99.343 )/ 2 )
=-291.316/130.639
=-222.99 %

where Working Capital is:

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.134 + 6.89 + 1.194) - (24.163 + 0 + 0)
=-10.945

Working Capital(Q: Jun. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.885 + 5.158 + 1.133) - (28.551 + 0 + 0)
=-16.375

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2018) EBIT data.

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

Red Eagle Mining's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2018 )
=-84.707/0.000
= %

* 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.

Red Eagle Mining EBIT Related Terms

Red Eagle Mining EBIT Historical Data

* Premium members only.

The historical data trend for Red Eagle Mining'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.

Red Eagle Mining EBIT Chart

Red Eagle Mining Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EBIT
Get a 7-Day Free Trial -10.52 -7.42 -5.00 -6.84 -14.64

Red Eagle Mining Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 -3.55 -4.76 -3.82 -3.29 -72.83

RDEMF vs DTRC, THMG: EBIT Comparison

For the Gold subindustry, Red Eagle Mining'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.

Red Eagle Mining EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Red Eagle Mining's EV-to-EBIT falls into.


Red Eagle Mining 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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-84.71 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 $-84.71 Mil mean?
Red Eagle Mining (RDEMF) has a EBIT of $-84.71 Mil as of Jun. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Red Eagle Mining.
Is Red Eagle Mining's EBIT too high?
Red Eagle Mining's current EBIT is $-84.71 Mil.
How does Red Eagle Mining's EBIT compare to DTRC and THMG?
Red Eagle Mining's EBIT of $-84.71 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 Red Eagle Mining. Red Eagle Mining's current EBIT is $-84.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Eagle Mining stock overvalued right now?
Red Eagle Mining (RDEMF) has a current EBIT of $-84.71 Mil. The current EBIT is $-84.71 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 Red Eagle Mining (RDEMF), the current EBIT is $-84.71 Mil as of Jun. 2018. 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.

Red Eagle Mining Business Description

Address 666 Burrard Street, Suite 2348, Vancouver, BC, CAN, V6C 2X8
Red Eagle Mining Corp is a Canada-based development-stage company. It is engaged in the exploration and development of mineral properties. Geographically it operates in the countries of Canada and Colombia. It focuses on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia. The company primarily explores for Gold and owns interests in the Santa Rosa Gold Project located in Antioquia, Colombia covering an area of approximately 10,000 hectares.