Talon Metals (TSX:TLO) EBIT : C$-2.73 Mil (TTM As of Dec. 2023)

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What is Talon Metals EBIT?

Talon Metals's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-0.46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-2.73 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Talon Metals's annualized ROC % for the quarter that ended in Dec. 2023 was -0.87%. Talon Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Talon Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.07%.

Talon Metals EBIT Historical Data

The historical data trend for Talon Metals'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.

Talon Metals EBIT Chart

Talon Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-3.95

-2.38

-6.26

-3.97

-2.73

Talon Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-0.88	-0.92	-0.66	-0.69	-0.46

Competitive Comparison of Talon Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Talon Metals'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.

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

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

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

Talon Metals 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.73 Mil.

Talon Metals (TSX:TLO) EBIT Explanation

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

Talon Metals's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-1.824 * ( 1 - 0% )	/	( (207.906	+	213.711)	/ 2 )
=	-1.824	/	210.8085
=	-0.87 %

where

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	218.973	-	3.362	-	( 10.528	-	max(0, 3.392	-	11.097	+	10.528	))
=	207.906

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	237.066	-	4.389	-	( 22.782	-	max(0, 4.419	-	23.385	+	22.782	))
=	213.711

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Talon Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.824	/	( ( (207.876 + max(-2.823, 0))	+	(213.681 + max(-3.816, 0)) )	/	2 )
=	-1.824	/	( ( 207.876	+	213.681 )	/	2 )
=	-1.824	/	210.7785
=	-0.87 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.006	+	0	+	0.563)	-	(3.362	+	0	+	0.03)
=	-2.823

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.001	+	0	+	0.602)	-	(4.389	+	0	+	0.029999999999999)
=	-3.816

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Talon Metals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-2.726	/	131.446
	=	-2.07 %

Talon Metals EBIT Related Terms

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Talon Metals (TSX:TLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Talon Metals Corp (TSX:TLO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

TLOFF:USA TAO:Germany

Address

Craigmuir Chambers, P.O. Box 71, Road Town, Tortola, VGB

Website

https://www.talonmetals.com

Talon Metals Corp is a base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. The Tamarack Nickel Project comprises a large land position with additional high-grade intercepts outside the current resource area. Talon is focused on expanding and infilling its current high-grade nickel mineralization resource prepared in accordance with NI 43-101 to shape a mine plan for submission to Minnesota regulators and following up on additional high-grade nickel mineralization in the Tamarack Intrusive Complex.

Executives

Sean Neal Werger	Senior Officer
Mark Groulx	Senior Officer
Vincent Gregory Conte	Senior Officer
Warren Eric Newfield	Director
Henri Van Rooyen	Director, Senior Officer