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Atacama Copper (TSXV:ACOP) EBIT : C$-9.25 Mil (TTM As of Mar. 2024)


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What is Atacama Copper EBIT?

Atacama Copper's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-3.22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-9.25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Atacama Copper's annualized ROC % for the quarter that ended in Mar. 2024 was -129.99%. Atacama Copper's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -251.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Atacama Copper's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -19.98%.


Atacama Copper EBIT Historical Data

The historical data trend for Atacama Copper'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.

Atacama Copper EBIT Chart

Atacama Copper Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
- -0.60 -2.24 -6.53

Atacama Copper Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.54 -0.34 -0.32 -5.37 -3.22

Competitive Comparison of Atacama Copper's EBIT

For the Copper subindustry, Atacama Copper'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.


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

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

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


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Atacama Copper 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-9.25 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.


Atacama Copper  (TSXV:ACOP) EBIT Explanation

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

Atacama Copper's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-12.892 * ( 1 - 0% )/( (12.612 + 7.224)/ 2 )
=-12.892/9.918
=-129.99 %

where

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

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

Atacama Copper's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-12.892/( ( (4.156 + max(-0.756, 0)) + (6.076 + max(-0.949, 0)) )/ 2 )
=-12.892/( ( 4.156 + 6.076 )/ 2 )
=-12.892/5.116
=-251.99 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 8.286) - (0.688 + 0 + 8.354)
=-0.756

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.098000000000001) - (1.047 + 0 + 0)
=-0.949

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Atacama Copper's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-9.247/46.281
=-19.98 %

* 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.


Atacama Copper EBIT Related Terms

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Atacama Copper Business Description

Traded in Other Exchanges
N/A
Address
625 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 2T6
Atacama Copper Corp is focused on copper and is engaged in the acquisition, exploration, and development of mineral properties in Chile. It owns an interest in the Placeton copper property situated in the Atacama mineral belt in Chile's 3rd region between Relincho copper and El Morro copper-gold projects. In addition, it owns El Cofre copper-cobalt-gold property in the prolific cobalt belt of Chile located in the Atacama Province of Chile's 3rd region.
Executives
Martyn William Ian Buttenshaw Director
Scott Victor Andrew Hicks Director

Atacama Copper Headlines

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