Horizon Gold (STU:HO0) EBIT: €-0.33 Mil (TTM As of Dec. 2025)


STU:HO0 Horizon Gold Ltd STU:HO0
38 GF Score
Price €0.66
! 3 Warning Signs
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What is Horizon Gold EBIT?

Horizon Gold STU:HO0 38 EBIT is €-0.33 Mil as of Dec. 2025. GuruFocus rates STU:HO0 with a GF Score™ of 38/100. The stock has 3 warning signs investors should review.

Horizon Gold's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €0.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Horizon Gold's annualized ROC % for the quarter that ended in Dec. 2025 was -2.10%. Horizon Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Horizon Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -0.24%.

Horizon Gold  (STU:HO0) EBIT Explanation

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

Horizon Gold'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: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-0.604 * ( 1 - 0% )/( (27.142 + 30.256)/ 2 )
=-0.604/28.699
=-2.10 %

where

Invested Capital(Q: Jun. 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))
=27.262 - 1.039 - ( 0.284 - max(0, 1.347 - 0.428+0.284))
=27.142

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))
=32.898 - 0.628 - ( 2.504 - max(0, 0.658 - 2.672+2.504))
=30.256

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Horizon Gold'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: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.174/( ( (26.834 + max(-1.046, 0)) + (30.226 + max(-0.49, 0)) )/ 2 )
=0.174/( ( 26.834 + 30.226 )/ 2 )
=0.174/28.53
=0.61 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.019) - (1.039 + 0 + 0.026)
=-1.046

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.168 + 0 + 0) - (0.628 + 0 + 0.03)
=-0.49

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-0.327/133.764
=-0.24 %

* 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.

Horizon Gold EBIT Related Terms

Horizon Gold EBIT Historical Data

* Premium members only.

The historical data trend for Horizon 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.

Horizon Gold EBIT Chart

Horizon Gold Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only -0.66 -0.22 -1.08 -0.70 -0.58

Horizon Gold Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 -0.48 -0.22 -0.18 -0.41 0.09

STU:HO0 vs NEM, AU: EBIT Comparison

For the Gold subindustry, Horizon 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.

Horizon Gold EV-to-EBIT vs Metals & Mining Industry

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

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


STU:HO0
38GF Score
Horizon Gold Ltd STU:HO0
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Horizon 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.33 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 €-0.33 Mil mean?
Horizon Gold (STU:HO0) has a EBIT of €-0.33 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Horizon Gold.
Is Horizon Gold's EBIT too high?
Horizon Gold's current EBIT is €-0.33 Mil. Overall, Horizon Gold has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Gold's EBIT compare to NEM and AU?
Horizon Gold's EBIT of €-0.33 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 Horizon Gold. Horizon Gold's current EBIT is €-0.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Gold stock overvalued right now?
Horizon Gold (STU:HO0) has a current EBIT of €-0.33 Mil. The current EBIT is €-0.33 Mil. Horizon Gold's overall GF Score™ is 38/100 with 3 warning signs to review. 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 Horizon Gold (STU:HO0), the current EBIT is €-0.33 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.

Horizon Gold Business Description

Other Exchanges HO0:GermanyHRN:Australia
Address 47 Havelock Street, Suite 8, Level 3, West Perth, WA, AUS, 6005
Horizon Gold Ltd is a gold mining company. It is engaged in the acquisition, exploration, and development of gold reserves of the Gum Creek Gold Project situated in the Central Murchison region of Western Australia.
38GF Score

Get the complete analysis for STU:HO0

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

€0.66
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