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Alpha Exploration (TSXV:ALEX) EBIT : C$-0.56 Mil (TTM As of Sep. 2024)


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What is Alpha Exploration EBIT?

Alpha Exploration's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$1.65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-0.56 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alpha Exploration's annualized ROC % for the quarter that ended in Sep. 2024 was -4.08%. Alpha Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 32.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alpha Exploration's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.82%.


Alpha Exploration EBIT Historical Data

The historical data trend for Alpha Exploration'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.

Alpha Exploration EBIT Chart

Alpha Exploration Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
-2.37 -0.98 -0.53 -1.01

Alpha Exploration Quarterly Data
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 0.74 0.86 -1.56 -1.50 1.65

Competitive Comparison of Alpha Exploration's EBIT

For the Other Precious Metals & Mining subindustry, Alpha Exploration'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.


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

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

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



Alpha Exploration 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$-0.56 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.


Alpha Exploration  (TSXV:ALEX) EBIT Explanation

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

Alpha Exploration'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 )
=-0.876 * ( 1 - 0% )/( (21.767 + 21.154)/ 2 )
=-0.876/21.4605
=-4.08 %

where

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

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

Alpha Exploration'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 )
=6.612/( ( (20.17 + max(-2.619, 0)) + (20.652 + max(-1.239, 0)) )/ 2 )
=6.612/( ( 20.17 + 20.652 )/ 2 )
=6.612/20.411
=32.39 %

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)
=(0 + 0 + -4.4408920985006E-16) - (1.022 + 0 + 1.597)
=-2.619

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + -0.00099999999999989) - (0.738 + 0 + 0.5)
=-1.239

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:

Alpha Exploration's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.558/67.859
=-0.82 %

* 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.


Alpha Exploration EBIT Related Terms

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Alpha Exploration Business Description

Traded in Other Exchanges
Address
Wickams Cay 1, Tortola, 3rd Floor, Omar Hodge Building, P.O. Box 362, Tortola, Road Town, VGB
Alpha Exploration Ltd is an exploration company focused on the discovery of gold and base metals deposits. It operates in a single project Kerkasha, which is located in Eritrea.
Executives
Berhane Soquar Director or Senior Officer of 10% Security Holder
Christopher James Van Der Westhuyzen Director, Senior Officer