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Larvotto Resources (STU:K6X) EBIT : €-4.84 Mil (TTM As of Jun. 2024)


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What is Larvotto Resources EBIT?

Larvotto Resources's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €-2.77 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-4.84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Larvotto Resources's annualized ROC % for the quarter that ended in Jun. 2024 was -60.03%. Larvotto Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -94.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Larvotto Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -2.13%.


Larvotto Resources EBIT Historical Data

The historical data trend for Larvotto 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.

* Premium members only.

Larvotto Resources EBIT Chart

Larvotto Resources Annual Data
Trend Dec22 Dec23
EBIT
-2.15 -3.79

Larvotto Resources Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial -0.83 -1.35 -1.74 -2.07 -2.77

Competitive Comparison of Larvotto Resources's EBIT

For the Other Precious Metals & Mining subindustry, Larvotto 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.


Larvotto Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Larvotto 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-4.84 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.


Larvotto Resources  (STU:K6X) EBIT Explanation

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

Larvotto Resources's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-5.456 * ( 1 - 0% )/( (9.005 + 9.173)/ 2 )
=-5.456/9.089
=-60.03 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Larvotto Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.54/( ( (5.841 + max(-0.456, 0)) + (5.887 + max(-0.612, 0)) )/ 2 )
=-5.54/( ( 5.841 + 5.887 )/ 2 )
=-5.54/5.864
=-94.47 %

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)
=(0.131 + 0 + -0.00099999999999989) - (0.498 + 0 + 0.088)
=-0.456

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.251 + 0.022 + 0.001) - (0.811 + 0 + 0.075)
=-0.612

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-4.836/227.161
=-2.13 %

* 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.


Larvotto Resources EBIT Related Terms

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Larvotto Resources Business Description

Traded in Other Exchanges
Address
88 Broadway, Suite 1, Nedlands, WA, AUS, 6009
Larvotto Resources Ltd is engaged in the exploration and evaluation of mineral resources projects in New South Wales, Western Australia, Queensland, and New Zealand. Its projects portfolio includes Hillgrove Gold Antimony project, Mt Isa Copper project, Ohakuri project, and Eyre project.

Larvotto Resources Headlines

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