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Aura Minerals (TSX:ORA) EBIT : C$23.9 Mil (TTM As of Sep. 2024)


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What is Aura Minerals EBIT?

Aura Minerals's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$11.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$23.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aura Minerals's annualized ROC % for the quarter that ended in Sep. 2024 was 183.00%. Aura Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 6.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aura Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.61%.


Aura Minerals EBIT Historical Data

The historical data trend for Aura Minerals'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.

Aura Minerals EBIT Chart

Aura Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.02 106.15 197.55 121.78 77.67

Aura Minerals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.78 -2.22 11.97 2.74 11.42

Competitive Comparison of Aura Minerals's EBIT

For the Gold subindustry, Aura Minerals'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.


Aura Minerals's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Aura Minerals 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 C$23.9 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.


Aura Minerals  (TSX:ORA) EBIT Explanation

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

Aura Minerals'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 )
=322.492 * ( 1 - -471.92% )/( (933.68 + 1082.005)/ 2 )
=1844.3962464/1007.8425
=183.00 %

where

Invested Capital(Q: Sep. 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))
=1293.646 - 160.924 - ( 265.473 - max(0, 404.332 - 455.049+265.473))
=1082.005

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

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

Aura Minerals'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 )
=45.66/( ( (708.195 + max(-59.804, 0)) + (759.921 + max(-93.504, 0)) )/ 2 )
=45.66/( ( 708.195 + 759.921 )/ 2 )
=45.66/734.058
=6.22 %

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)
=(8.796 + 75.334 + 0.062000000000069) - (121 + 0 + 22.996)
=-59.804

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.038 + 85.544 + 0.28999999999996) - (160.924 + 0 + 22.452)
=-93.504

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:

Aura Minerals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=23.906/1481.974
=1.61 %

* 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.


Aura Minerals EBIT Related Terms

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Aura Minerals Business Description

Traded in Other Exchanges
Address
255 Giralda Ave, Suite 6W102, Coral Gables, FL, USA, 33134
Aura Minerals Inc is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The company's oeprating segments are its operating assets and include the Minosa Mine, the Apoena, the Aranzazu copper-gold-silver mine in Mexico and Almas MI. In addition, the company has additional gold projects in Brazil, Almas and Matupa, one gold project in Colombia, Tolda Fria and other projects such as Borborema and Serra de Estrela. Majority of the revenue for the company is generated from its Aranzazu Mine segment.
Executives
Joao Kleber Dos Santos Cardoso Senior Officer
Glauber Rosa Luvizotto Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Richmond Lee Fenn Director
Paulo Carlos De Brito 10% Security Holder, Director
Northwestern Enterprises Ltd. 10% Security Holder
Rodrigo Cardoso Barbosa Senior Officer
Philip Vincent Reade Director
Monazita Resources Ltd. 10% Security Holder
Stephen Keith Director