Bullion Gold Resources (TSXV:BGD) EBIT : C$-0.22 Mil (TTM As of Dec. 2023)

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What is Bullion Gold Resources EBIT?

Bullion Gold Resources's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.22 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bullion Gold Resources's annualized ROC % for the quarter that ended in Dec. 2023 was -9.93%. Bullion Gold Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -9.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bullion Gold Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -15.02%.

Bullion Gold Resources EBIT Historical Data

The historical data trend for Bullion Gold Resources'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.

Bullion Gold Resources EBIT Chart

Bullion Gold Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-0.21

-0.36

-0.53

-0.30

-0.22

Bullion Gold Resources 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															-0.13	-0.06	-0.06	-0.06	-0.03

Competitive Comparison of Bullion Gold Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Bullion Gold Resources'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.

Bullion Gold Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Bullion Gold Resources's EV-to-EBIT falls into.

Bullion Gold Resources 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$-0.22 Mil.

Bullion Gold Resources (TSXV:BGD) EBIT Explanation

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

Bullion Gold Resources'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 )
=	-0.136 * ( 1 - 0% )	/	( (1.357	+	1.382)	/ 2 )
=	-0.136	/	1.3695
=	-9.93 %

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	))
=	1.892	-	0.037	-	( 0.535	-	max(0, 0.047	-	0.545	+	0.535	))
=	1.357

	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	))
=	1.837	-	0.052	-	( 0.435	-	max(0, 0.052	-	0.455	+	0.435	))
=	1.382

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

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

Bullion Gold Resources'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 )
=	-0.136	/	( ( (1.348 + max(-0.046, 0))	+	(1.382 + max(-0.052, 0)) )	/	2 )
=	-0.136	/	( ( 1.348	+	1.382 )	/	2 )
=	-0.136	/	1.365
=	-9.96 %

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	+	0	+	0.001)	-	(0.037	+	0	+	0.01)
=	-0.046

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.052	+	0	+	0)
=	-0.052

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:

Bullion Gold Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-0.216	/	1.438
	=	-15.02 %

Bullion Gold Resources EBIT Related Terms

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Bullion Gold Resources (TSXV:BGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bullion Gold Resources Corp (TSXV:BGD) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

TTEXF:USA

Address

410, rue Saint-Nicolas, Suite 236, Montreal, QC, CAN, H2Y 2P5

Website

http://www.bulliongold.ca

Bullion Gold Resources Corp is a mineral exploration company. The company is an exploration stage company engaged in the operating segment of exploration and development of exploration and evaluation assets in British Columbia, Canada.

Bullion Gold Resources (TSXV:BGD) Headlines

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