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Range Impact (Range Impact) EBIT : $3.25 Mil (TTM As of Mar. 2024)


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What is Range Impact EBIT?

Range Impact's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.58 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $3.25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Range Impact's annualized ROC % for the quarter that ended in Mar. 2024 was -12.58%. Range Impact's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -13.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Range Impact's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.60%.


Range Impact EBIT Historical Data

The historical data trend for Range Impact'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.

Range Impact EBIT Chart

Range Impact Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.57 -3.69 -2.34 -0.99 3.64

Range Impact Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.18 0.10 3.54 0.18 -0.58

Competitive Comparison of Range Impact's EBIT

For the Other Industrial Metals & Mining subindustry, Range Impact'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.


Range Impact's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Range Impact 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.25 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.


Range Impact  (OTCPK:RNGE) EBIT Explanation

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

Range Impact's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-2.376 * ( 1 - 0% )/( (19.219 + 18.544)/ 2 )
=-2.376/18.8815
=-12.58 %

where

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

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

Range Impact's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.304/( ( (13.302 + max(3.485, 0)) + (12.663 + max(4.112, 0)) )/ 2 )
=-2.304/( ( 16.787 + 16.775 )/ 2 )
=-2.304/16.781
=-13.73 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.185 + 0 + 0.115) - (3.815 + 0 + 0)
=3.485

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.004 + 0 + 0.091) - (1.778 + 0.205 + 0)
=4.112

When net working capital is negative, 0 is used.

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

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

Range Impact's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=3.245/42.680
=7.60 %

* 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.


Range Impact EBIT Related Terms

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Range Impact (Range Impact) Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, Suite 400, Cleveland, OH, USA, 44122
Range Impact Inc is dedicated to improving the health and wellness of people and the planet through a novel and innovative approach to impact investing. Range Impact owns and operates several complementary operating businesses focused on developing long-term solutions to environmental, social, and health challenges, with a particular focus on acquiring, reclaiming and repurposing mine sites and other undervalued land in economically disadvantaged communities throughout Appalachia. Range Impact takes an opportunistic approach to impact investing by leveraging its competitive advantages and looking at solving old problems in new ways.
Executives
Edward F Feighan director 10055 SWEET VALLEY DRIVE, CLEVELAND OH 44125
Michael R. Cavanaugh director 18545 PARKLAND DRIVE, SHAKER HEIGHTS OH 44122
Joseph E. Loconti 10 percent owner 6140 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Indemnity National Insurance Co 10 percent owner 238 BEDFORD WAY, FRANKLIN TN 37064
Brandon Joel Zipp officer: Chief Science Officer 2439 EVERLEY CIRCLE, ROSEVILLE CA 95747
Richard Mckilligan officer: CFO, Secretary and Counsel 10990 WILSHIRE BOULEVARD, STE 1410, LOS ANGELES CA 90024
Richard F Celeste director C/O GLIMCHER REALTY TRUST, 180 EAST BROAD STREET, COLUMBUS OH 43215
Maida Anthony E Iii director 157 TECHNOLOGY DR, IRVINE CA 92618
Robert T. Brooke officer: VP of Business Devevlopment 1601 N. SEPULVEDA BLVD., #632, MANHATTAN BEACH CA 90266
Avtar S Dhillon director, 10 percent owner, officer: President,CEO,CFO,Sec and Tres C/O GENETRONICS INC, 11199 SORRENTO VALLEY ROAD, SAN DIEGO CA 92121
Tao Chen director, 10 percent owner, officer: President SUITE 403, 2-46 DEZHENNAN ROAD, GUANGZHOU CITY, GUANGDONG PROV F4 111111111