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Big Ridge Gold (TSXV:BRAU) EBIT : C$-4.43 Mil (TTM As of Sep. 2024)


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What is Big Ridge Gold EBIT?

Big Ridge Gold's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$-0.95 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-4.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Big Ridge Gold's annualized ROC % for the quarter that ended in Sep. 2024 was -60.26%. Big Ridge Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -63.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Big Ridge Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -22.71%.


Big Ridge Gold EBIT Historical Data

The historical data trend for Big Ridge Gold'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.

Big Ridge Gold EBIT Chart

Big Ridge Gold Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.63 -1.10 -11.46 -3.68 -4.81

Big Ridge Gold 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 -1.33 -1.37 -0.45 -1.65 -0.95

Competitive Comparison of Big Ridge Gold's EBIT

For the Gold subindustry, Big Ridge Gold'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.


Big Ridge Gold's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Big Ridge Gold 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$-4.43 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.


Big Ridge Gold  (TSXV:BRAU) EBIT Explanation

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

Big Ridge Gold'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 )
=-3.708 * ( 1 - 0% )/( (6.165 + 6.142)/ 2 )
=-3.708/6.1535
=-60.26 %

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:

Big Ridge Gold'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 )
=-3.788/( ( (5.969 + max(-0.259, 0)) + (5.955 + max(-0.223, 0)) )/ 2 )
=-3.788/( ( 5.969 + 5.955 )/ 2 )
=-3.788/5.962
=-63.54 %

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)
=(0.014 + 0 + 0.01) - (0.229 + 0 + 0.054)
=-0.259

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.038 + 0 + 0.0039999999999998) - (0.197 + 0 + 0.068)
=-0.223

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-4.426/19.487
=-22.71 %

* 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.


Big Ridge Gold EBIT Related Terms

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Big Ridge Gold Business Description

Traded in Other Exchanges
Address
18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4
Big Ridge Gold Corp is an exploration and development company with a portfolio of 100% owned Canadian gold properties. The company is focused on the Oxford Gold Project located in Manitoba, it is active in the prolific Abitibi greenstone belt in Quebec on the Destiny gold property and is exploring the Hope Brook Gold Project, Newfoundland.
Executives
Kristina Heidi Bates Director
Michael Bandrowski Director, Senior Officer
Michael Gentile 10% Security Holder
Nicholas Tintor Director
James David Kirke Senior Officer
William Conard Williams Director

Big Ridge Gold Headlines

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