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Churchill Resources (TSXV:CRI) EBIT : C$-5.40 Mil (TTM As of May. 2024)


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What is Churchill Resources EBIT?

Churchill Resources's earnings before interest and taxes (EBIT) for the three months ended in May. 2024 was C$-0.95 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2024 was C$-5.40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Churchill Resources's annualized ROC % for the quarter that ended in May. 2024 was -125.39%. Churchill Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 was -151.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Churchill Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2024 was -23.56%.


Churchill Resources EBIT Historical Data

The historical data trend for Churchill 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.

Churchill Resources EBIT Chart

Churchill Resources Annual Data
Trend Aug21 Aug22 Aug23
EBIT
-3.91 -4.87 -3.07

Churchill Resources Quarterly Data
May20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -0.32 -1.08 -2.13 -1.24 -0.95

Competitive Comparison of Churchill Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Churchill 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.


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

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

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



Churchill 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.40 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.


Churchill Resources  (TSXV:CRI) EBIT Explanation

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

Churchill Resources's annualized ROC % for the quarter that ended in May. 2024 is calculated as:

ROC % (Q: May. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2024 ) + Invested Capital (Q: May. 2024 ))/ count )
=-3.788 * ( 1 - 0% )/( (2.653 + 3.389)/ 2 )
=-3.788/3.021
=-125.39 %

where

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

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

Churchill Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2024  Q: May. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.788/( ( (2.498 + max(-0.755, 0)) + (2.498 + max(-0.815, 0)) )/ 2 )
=-3.788/( ( 2.498 + 2.498 )/ 2 )
=-3.788/2.498
=-151.64 %

where Working Capital is:

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.056) - (0.811 + 0 + -1.1102230246252E-16)
=-0.755

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.046) - (0.862 + 0 + -0.0010000000000001)
=-0.815

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2024 )
=-5.398/22.916
=-23.56 %

* 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.


Churchill Resources EBIT Related Terms

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Churchill Resources Business Description

Traded in Other Exchanges
Address
133 Richmond Street West, Suite 505, Toronto, BC, CAN, M5H 2L3
Churchill Resources Inc is an Operator of a metals and minerals exploration company focused on high-grade nickel sulfide and diamond projects. The Company holds four exploration projects the Taylor Brook and Florence Lake Nickel Projects in Newfoundland and Labrador, Pelly Bay in Nunavut and White River in Ontario. It has mineralized Nickel-Copper-Cobalt showings at Taylor Brook, Florence Lake, and Pelly Bay, and diamondiferous kimberlites intrusive at White River and Pelly Bay.
Executives
Conan Mcintyre Director