SWYDF (Stornoway Diamond) EBIT: $-423.1 Mil (TTM As of Jun. 2019)


What is Stornoway Diamond EBIT?

Stornoway Diamond SWYDF EBIT is $-423.1 Mil as of Jun. 2019.

Stornoway Diamond's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2019 was $-260.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2019 was $-423.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Stornoway Diamond's annualized ROC % for the quarter that ended in Jun. 2019 was 50.34%. Stornoway Diamond's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2019 was -193.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Stornoway Diamond's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2019 was -454,925.81%.

Stornoway Diamond  (OTCPK:SWYDF) EBIT Explanation

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

Stornoway Diamond's annualized ROC % for the quarter that ended in Jun. 2019 is calculated as:

ROC % (Q: Jun. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2019 ) + Invested Capital (Q: Jun. 2019 ))/ count )
=321.24 * ( 1 - 2.89% )/( (796.165 + 443.334)/ 2 )
=311.956164/619.7495
=50.34 %

where

Invested Capital(Q: Mar. 2019 )
=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))
=818.121 - 33.253 - ( 22.081 - max(0, 90.159 - 78.862+22.081))
=796.165

Invested Capital(Q: Jun. 2019 )
=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))
=440.78 - 25.608 - ( 16.056 - max(0, 93.887 - 65.725+16.056))
=443.334

Note: The Operating Income data used here is four times the quarterly (Jun. 2019) data.

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

Stornoway Diamond's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2019  Q: Jun. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1043.604/( ( (709.874 + max(-22.878, 0)) + (369.524 + max(-17.235, 0)) )/ 2 )
=-1043.604/( ( 709.874 + 369.524 )/ 2 )
=-1043.604/539.699
=-193.37 %

where Working Capital is:

Working Capital(Q: Mar. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.783 + 50.31 + 1.688) - (33.253 + 45.588 + 0.818)
=-22.878

Working Capital(Q: Jun. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.208 + 43.634 + 1.827) - (25.608 + 41.209 + 0.086999999999989)
=-17.235

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2019) EBIT data.

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

Stornoway Diamond's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2019 )
=-423.081/0.093
=-454,925.81 %

* 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.

Stornoway Diamond EBIT Related Terms

Stornoway Diamond EBIT Historical Data

* Premium members only.

The historical data trend for Stornoway Diamond'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.

Stornoway Diamond EBIT Chart

Stornoway Diamond Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.39 3.46 -20.09 -89.71 -164.92

Stornoway Diamond Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -29.75 -32.95 -100.27 -28.96 -260.90

SWYDF vs DYNR, CTDT: EBIT Comparison

For the Other Precious Metals & Mining subindustry, Stornoway Diamond'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.

Stornoway Diamond EV-to-EBIT vs Metals & Mining Industry

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

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


Stornoway Diamond 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-423.1 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 $-423.1 Mil mean?
Stornoway Diamond (SWYDF) has a EBIT of $-423.1 Mil as of Jun. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Stornoway Diamond.
Is Stornoway Diamond's EBIT too high?
Stornoway Diamond's current EBIT is $-423.1 Mil.
How does Stornoway Diamond's EBIT compare to DYNR and CTDT?
Stornoway Diamond's EBIT of $-423.1 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 Stornoway Diamond. Stornoway Diamond's current EBIT is $-423.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stornoway Diamond stock overvalued right now?
Stornoway Diamond (SWYDF) has a current EBIT of $-423.1 Mil. The current EBIT is $-423.1 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 Stornoway Diamond (SWYDF), the current EBIT is $-423.1 Mil as of Jun. 2019. 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.

Stornoway Diamond Business Description

Address 1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.