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Eureka Lithium (STU:S58) EBIT : €-3.95 Mil (TTM As of Sep. 2024)


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What is Eureka Lithium EBIT?

Eureka Lithium's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €-1.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €-3.95 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eureka Lithium's annualized ROC % for the quarter that ended in Sep. 2024 was -102.98%. Eureka Lithium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -107.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eureka Lithium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -709.87%.


Eureka Lithium EBIT Historical Data

The historical data trend for Eureka Lithium'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.

Eureka Lithium EBIT Chart

Eureka Lithium Annual Data
Trend Dec21 Dec22 Dec23
EBIT
- -0.13 -4.30

Eureka Lithium Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.95 -1.42 -0.65 -0.83 -1.05

Competitive Comparison of Eureka Lithium's EBIT

For the Other Industrial Metals & Mining subindustry, Eureka Lithium'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.


Eureka Lithium's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Eureka Lithium 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.95 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.


Eureka Lithium  (STU:S58) EBIT Explanation

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

Eureka Lithium's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-4.216 * ( 1 - 0% )/( (4.176 + 4.012)/ 2 )
=-4.216/4.094
=-102.98 %

where

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

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

Eureka Lithium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.216/( ( (3.964 + max(-0.059, 0)) + (3.89 + max(-0.917, 0)) )/ 2 )
=-4.216/( ( 3.964 + 3.89 )/ 2 )
=-4.216/3.927
=-107.36 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.726) - (0.573 + 0 + 0.212)
=-0.059

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.026) - (0.821 + 0 + 0.122)
=-0.917

When net working capital is negative, 0 is used.

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

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

Eureka Lithium's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-3.954/0.557
=-709.87 %

* 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.


Eureka Lithium EBIT Related Terms

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Eureka Lithium Business Description

Traded in Other Exchanges
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Eureka Lithium Corp is a junior mining company engaged in the acquisition, exploration, and development of mineral properties. It has a Lithium project in Nunavik which are Raglan West District, Raglan South District, and New Leaf District.

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