Belo Sun Mining (TSX:BSX) EBIT: C$-9.90 Mil (TTM As of Mar. 2026)


TSX:BSX Belo Sun Mining Corp TSX:BSX
34 GF Score
Price C$1.02
! 1 Warning Sign
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What is Belo Sun Mining EBIT?

Belo Sun Mining TSX:BSX +2.00% 34 EBIT is C$-9.90 Mil as of Mar. 2026. GuruFocus rates TSX:BSX with a GF Score™ of 34/100. The stock has 1 warning sign investors should review.

Belo Sun Mining's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$-2.85 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-9.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Belo Sun Mining's annualized ROC % for the quarter that ended in Mar. 2026 was -102.37%. Belo Sun Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -104.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Belo Sun Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -1.85%.

Belo Sun Mining  (TSX:BSX) EBIT Explanation

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

Belo Sun Mining's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-11.38 * ( 1 - 0% )/( (11.025 + 11.207)/ 2 )
=-11.38/11.116
=-102.37 %

where

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))
=15.92 - 1.958 - ( 4.698 - max(0, 1.958 - 4.895+4.698))
=11.025

Invested Capital(Q: Mar. 2026 )
=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))
=54.533 - 1.988 - ( 43.057 - max(0, 1.988 - 43.326+43.057))
=11.207

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Belo Sun Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-11.38/( ( (10.857 + max(-1.848, 0)) + (11.021 + max(-1.908, 0)) )/ 2 )
=-11.38/( ( 10.857 + 11.021 )/ 2 )
=-11.38/10.939
=-104.03 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.037 + 0 + 0.073) - (1.958 + 0 + 0)
=-1.848

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.028 + 0 + 0.052) - (1.988 + 0 + 0)
=-1.908

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Belo Sun Mining's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-9.904/536.292
=-1.85 %

* 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.

Belo Sun Mining EBIT Related Terms

Belo Sun Mining EBIT Historical Data

* Premium members only.

The historical data trend for Belo Sun Mining'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.

Belo Sun Mining EBIT Chart

Belo Sun Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.20 -13.35 -10.72 -7.56 -10.32

Belo Sun Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -3.26 -2.77 -1.68 -2.61 -2.85

TSX:BSX vs NEM, AU: EBIT Comparison

For the Gold subindustry, Belo Sun Mining'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.

Belo Sun Mining EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Belo Sun Mining's EV-to-EBIT falls into.


TSX:BSX
34GF Score
Belo Sun Mining Corp TSX:BSX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Belo Sun Mining 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-9.90 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 C$-9.90 Mil mean?
Belo Sun Mining (TSX:BSX) has a EBIT of C$-9.90 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Belo Sun Mining.
Is Belo Sun Mining's EBIT too high?
Belo Sun Mining's current EBIT is C$-9.90 Mil. Overall, Belo Sun Mining has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Belo Sun Mining's EBIT compare to NEM and AU?
Belo Sun Mining's EBIT of C$-9.90 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 Belo Sun Mining. Belo Sun Mining's current EBIT is C$-9.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belo Sun Mining stock overvalued right now?
Belo Sun Mining (TSX:BSX) has a current EBIT of C$-9.90 Mil. The current EBIT is C$-9.90 Mil. Belo Sun Mining's overall GF Score™ is 34/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Belo Sun Mining (TSX:BSX), the current EBIT is C$-9.90 Mil as of Mar. 2026. 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.

Belo Sun Mining Business Description

Other Exchanges BSXGF:USAVE7:Germany
Address 198 Davenport Road, Toronto, ON, CAN, M5R 1J2
Belo Sun Mining Corp is a Canada-based gold exploration and development company. It operates in Canada where its head office is located and in Brazil where its exploration and development properties are located. It owns and operates the Volta Grande Gold Project.
34GF Score

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

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