Defiance Silver (TSXV:DEF) EBIT: C$-3.14 Mil (TTM As of Mar. 2026)


TSXV:DEF Defiance Silver Corp TSXV:DEF
33 GF Score
Price C$0.18
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What is Defiance Silver EBIT?

Defiance Silver TSXV:DEF 33 EBIT is C$-3.14 Mil as of Mar. 2026. GuruFocus rates TSXV:DEF with a GF Score™ of 33/100.

Defiance Silver's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$-0.94 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-3.14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Defiance Silver's annualized ROC % for the quarter that ended in Mar. 2026 was -6.99%. Defiance Silver's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -7.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Defiance Silver's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -5.61%.

Defiance Silver  (TSXV:DEF) EBIT Explanation

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

Defiance Silver's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-3.748 * ( 1 - 0% )/( (52.427 + 54.762)/ 2 )
=-3.748/53.5945
=-6.99 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=62.931 - 1.155 - ( 10.196 - max(0, 1.155 - 10.504+10.196))
=52.427

Invested Capital(Q: Mar. 2026 )
=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))
=64.853 - 1.09 - ( 9.85 - max(0, 1.09 - 10.091+9.85))
=54.762

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Defiance Silver's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.748/( ( (48.176 + max(-0.976, 0)) + (50.178 + max(-0.917, 0)) )/ 2 )
=-3.748/( ( 48.176 + 50.178 )/ 2 )
=-3.748/49.177
=-7.62 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.179) - (1.155 + 0 + 0)
=-0.976

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.173) - (1.09 + 0 + 0)
=-0.917

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Defiance Silver's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-3.142/55.978
=-5.61 %

* 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.

Defiance Silver EBIT Related Terms

Defiance Silver EBIT Historical Data

* Premium members only.

The historical data trend for Defiance Silver'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.

Defiance Silver EBIT Chart

Defiance Silver Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.96 -4.02 -3.25 -2.12 -2.75

Defiance Silver Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.90 -0.65 -0.66 -0.90 -0.94

TSXV:DEF vs HL: EBIT Comparison

For the Other Precious Metals & Mining subindustry, Defiance Silver'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.

Defiance Silver EV-to-EBIT vs Metals & Mining Industry

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

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


TSXV:DEF
33GF Score
Defiance Silver Corp TSXV:DEF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Defiance Silver 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.14 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of C$-3.14 Mil mean?
Defiance Silver (TSXV:DEF) has a EBIT of C$-3.14 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Defiance Silver.
Is Defiance Silver's EBIT too high?
Defiance Silver's current EBIT is C$-3.14 Mil. Overall, Defiance Silver has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Defiance Silver's EBIT compare to HL?
Defiance Silver's EBIT of C$-3.14 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Defiance Silver. Defiance Silver's current EBIT is C$-3.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Defiance Silver stock overvalued right now?
Defiance Silver (TSXV:DEF) has a current EBIT of C$-3.14 Mil. The current EBIT is C$-3.14 Mil. Defiance Silver's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Defiance Silver (TSXV:DEF), the current EBIT is C$-3.14 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Defiance Silver Business Description

Other Exchanges DNCVF:USAD4E:Germany
Address 550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Defiance Silver Corp is a Mexico-based silver, gold, copper, and polymetallic exploration & development company. The company is focused on advancing two projects in Mexico, the Zacatecas silver project in the historic mining region of Zacatecas and the Tepal copper-gold project in Michoacan. The company's projects include Zacatecas silver projects located in north-central Mexico and the Tepal copper-gold project located in the state of Michoacan, Mexico.
33GF Score

Get the complete analysis for TSXV:DEF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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