SPNRF (Sparton Resources) EBIT: $-0.26 Mil (TTM As of Dec. 2025)


What is Sparton Resources EBIT?

Sparton Resources SPNRF +98.02% EBIT is $-0.26 Mil as of Dec. 2025.

Sparton Resources's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was $-0.28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sparton Resources's annualized ROC % for the quarter that ended in Dec. 2025 was -82.77%. Sparton Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -45,440.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sparton Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -9.21%.

Sparton Resources  (OTCPK:SPNRF) EBIT Explanation

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

Sparton Resources's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-1.136 * ( 1 - 0% )/( (1.384 + 1.361)/ 2 )
=-1.136/1.3725
=-82.77 %

where

Invested Capital(Q: Sep. 2025 )
=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))
=1.298 - 0.142 - ( 0.075 - max(0, 0.344 - 0.116+0.075))
=1.384

Invested Capital(Q: Dec. 2025 )
=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))
=1.416 - 0.209 - ( 0.206 - max(0, 0.406 - 0.252+0.206))
=1.361

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Sparton Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.136/( ( (0.004 + max(-0.101, 0)) + (0.001 + max(-0.164, 0)) )/ 2 )
=-1.136/( ( 0.004 + 0.001 )/ 2 )
=-1.136/0.0025
=-45,440.00 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.029 + 0 + 0.012) - (0.142 + 0 + 0)
=-0.101

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.039 + 0 + 0.007) - (0.209 + 0 + 0.001)
=-0.164

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Sparton Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-0.258/2.801
=-9.21 %

* 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.

Sparton Resources EBIT Related Terms

Sparton Resources EBIT Historical Data

* Premium members only.

The historical data trend for Sparton Resources'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.

Sparton Resources EBIT Chart

Sparton Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.27 -0.26 -0.24 -0.54 -0.26

Sparton Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -0.09 -0.07 0.14 -0.05 -0.28

Sparton Resources EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Sparton Resources'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.

Sparton Resources EV-to-EBIT vs Metals & Mining Industry

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

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


Sparton Resources 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.26 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 $-0.26 Mil mean?
Sparton Resources (SPNRF) has a EBIT of $-0.26 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sparton Resources.
Is Sparton Resources' EBIT too high?
Sparton Resources' current EBIT is $-0.26 Mil.
How does Sparton Resources' EBIT compare to competitors?
Sparton Resources' EBIT of $-0.26 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 Sparton Resources. Sparton Resources's current EBIT is $-0.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparton Resources stock overvalued right now?
Based on GuruFocus' analysis, Sparton Resources (SPNRF) is currently considered Fairly Valued. The stock's GF Value™ is $0.02, compared to a current price of $0.02 — trading right at its estimated fair value. The current EBIT is $-0.26 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 Sparton Resources (SPNRF), the current EBIT is $-0.26 Mil as of Dec. 2025. 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.

Sparton Resources Business Description

Other Exchanges SRI:Canada
Address 81A Front Street East, Unit 216, Toronto, ON, CAN, M5E 1Z7
Sparton Resources Inc is an exploration and development stage company and has interests in exploration and evaluation properties in Canada and China. The company focuses on financing exploration for several resource projects and seeking new business for the drilling operation. Through its subsidiaries, it is also involved in the development of the vanadium redox flow battery. The company's other properties include Bruell Gold Property, Polymetallic Pense Property, and Matachewan Gold Property.