Argyle Resources (STU:ME0) EBIT : €-2.24 Mil (TTM As of Nov. 2024)

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What is Argyle Resources EBIT?

Argyle Resources's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2024 was €-1.49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2024 was €-2.24 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Argyle Resources's annualized ROC % for the quarter that ended in Nov. 2024 was -2,047.50%. Argyle Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was -2,043.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Argyle Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was -18.92%.

Argyle Resources EBIT Historical Data

The historical data trend for Argyle 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.

Argyle Resources EBIT Chart

Argyle Resources Annual Data

Trend

Feb24

EBIT

-0.22

Argyle Resources Quarterly Data
	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
EBIT	Get a 7-Day Free Trial			-0.04	-0.06	-0.08	-0.61	-1.49

Competitive Comparison of Argyle Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Argyle 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.

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

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

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

Argyle 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2.24 Mil.

Argyle Resources (STU:ME0) EBIT Explanation

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

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

	ROC % (Q: Nov. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Aug. 2024 )	+	Invested Capital (Q: Nov. 2024 ))	/ count )
=	-5.948 * ( 1 - 0% )	/	( (0.303	+	0.278)	/ 2 )
=	-5.948	/	0.2905
=	-2,047.50 %

where

	Invested Capital		(Q: Aug. 2024 )
=	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	))
=	1.255	-	0.092	-	( 0.86	-	max(0, 0.092	-	1.095	+	0.86	))
=	0.303

	Invested Capital		(Q: Nov. 2024 )
=	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	))
=	1.67	-	0.142	-	( 1.25	-	max(0, 0.142	-	1.507	+	1.25	))
=	0.278

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

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

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

	ROC (Joel Greenblatt) %		(Q: Nov. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Aug. 2024		Q: Nov. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-5.948	/	( ( (0.161 + max(0.143, 0))	+	(0.163 + max(0.115, 0)) )	/	2 )
=	-5.948	/	( ( 0.304	+	0.278 )	/	2 )
=	-5.948	/	0.291
=	-2,043.99 %

where Working Capital is:

	Working Capital		(Q: Aug. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.015	+	0	+	0.22)	-	(0.092	+	0	+	0)
=	0.143

	Working Capital		(Q: Nov. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.042	+	0	+	0.215)	-	(0.142	+	0	+	0)
=	0.115

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Nov. 2024 )
	=	-2.242	/	11.853
	=	-18.92 %

Argyle Resources EBIT Related Terms

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Argyle Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Argyle Resources Corp (STU:ME0) » Definitions » EBIT

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Traded in Other Exchanges

ARLYF:USA ARGL:Canada

Address

C/o Michael Yeung, 700 2 Street SW, 19th Floor, Calgary, AB, CAN, T2P 2Y9

Website

https://www.argyleresourcescorp.com

Argyle Resources Corp is a company that acquires, explores, stakes and evaluates natural resource properties in North America. The company owns interest in the Wintering Lithium Property and the Frenchvale Graphite Property in Canada.

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