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Mawson West (TSX:MWE) EBIT : C$-84.97 Mil (TTM As of Sep. 2016)


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What is Mawson West EBIT?

Mawson West's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2016 was C$-3.98 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was C$-84.97 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mawson West's annualized ROC % for the quarter that ended in Sep. 2016 was -31.77%. Mawson West's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2016 was -41.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mawson West's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2016 was -701.81%.


Mawson West EBIT Historical Data

The historical data trend for Mawson West'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.

Mawson West EBIT Chart

Mawson West Annual Data
Trend Jun09 Jun10 Jun11 Dec12 Dec13 Dec14 Dec15
EBIT
Get a 7-Day Free Trial 7.88 -24.26 23.76 -153.79 -128.99

Mawson West Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -2.93 -70.12 -0.60 -10.26 -3.98

Competitive Comparison of Mawson West's EBIT

For the Other Industrial Metals & Mining subindustry, Mawson West'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.


Mawson West's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Mawson West 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-84.97 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.


Mawson West  (TSX:MWE) EBIT Explanation

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

Mawson West's annualized ROC % for the quarter that ended in Sep. 2016 is calculated as:

ROC % (Q: Sep. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2016 ) + Invested Capital (Q: Sep. 2016 ))/ count )
=-15.92 * ( 1 - 0% )/( (47.508 + 52.719)/ 2 )
=-15.92/50.1135
=-31.77 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2016) data.

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

Mawson West's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2016  Q: Sep. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-15.92/( ( (34.571 + max(1.381, 0)) + (34.913 + max(5.337, 0)) )/ 2 )
=-15.92/( ( 35.952 + 40.25 )/ 2 )
=-15.92/38.101
=-41.78 %

where Working Capital is:

Working Capital(Q: Jun. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.461 + 9.419 + 0.437) - (10.454 + 0 + 0.482)
=1.381

Working Capital(Q: Sep. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.502 + 8.55 + 1.598) - (6.846 + 0 + 0.467)
=5.337

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2016) EBIT data.

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

Mawson West's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=-84.968/12.107
=-701.81 %

* 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.


Mawson West EBIT Related Terms

Thank you for viewing the detailed overview of Mawson West's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Mawson West (TSX:MWE) Business Description

Traded in Other Exchanges
N/A
Address
Mawson West Limited (MWE, formerly Futurexone Limited) is a minerals exploration and development company focusing on gold and copper.

Mawson West (TSX:MWE) Headlines

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