Engineer Gold Mines (TSXV:EAU) EBIT : C$-0.14 Mil (TTM As of Aug. 2024)

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What is Engineer Gold Mines EBIT?

Engineer Gold Mines's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2024 was C$-0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was C$-0.14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Engineer Gold Mines's annualized ROC % for the quarter that ended in Aug. 2024 was -1.67%. Engineer Gold Mines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -1.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Engineer Gold Mines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -8.61%.

Engineer Gold Mines EBIT Historical Data

The historical data trend for Engineer Gold Mines'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.

Engineer Gold Mines EBIT Chart

Engineer Gold Mines Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

EBIT

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-0.68

-0.96

-0.42

-0.34

-0.21

Engineer Gold Mines Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
EBIT	Get a 7-Day Free Trial															0.05	-0.06	-0.02	-0.04	-0.02

Competitive Comparison of Engineer Gold Mines's EBIT

For the Gold subindustry, Engineer Gold Mines'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.

Engineer Gold Mines's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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

Engineer Gold Mines 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.14 Mil.

Engineer Gold Mines (TSXV:EAU) EBIT Explanation

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

Engineer Gold Mines's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

	ROC % (Q: Aug. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: May. 2024 )	+	Invested Capital (Q: Aug. 2024 ))	/ count )
=	-0.076 * ( 1 - 0% )	/	( (4.562	+	4.558)	/ 2 )
=	-0.076	/	4.56
=	-1.67 %

where

	Invested Capital		(Q: May. 2024 )
=	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	))
=	4.471	-	0.311	-	( 0.001	-	max(0, 0.422	-	0.02	+	0.001	))
=	4.562

	Invested Capital		(Q: Aug. 2024 )
=	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	))
=	4.471	-	0.331	-	( 0.005	-	max(0, 0.443	-	0.025	+	0.005	))
=	4.558

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

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

Engineer Gold Mines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Aug. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: May. 2024		Q: Aug. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.076	/	( ( (4.257 + max(-0.292, 0))	+	(4.252 + max(-0.311, 0)) )	/	2 )
=	-0.076	/	( ( 4.257	+	4.252 )	/	2 )
=	-0.076	/	4.2545
=	-1.79 %

where Working Capital is:

	Working Capital		(Q: May. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.01	+	0	+	0.009)	-	(0.311	+	0	+	0)
=	-0.292

	Working Capital		(Q: Aug. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.011	+	0	+	0.009)	-	(0.331	+	0	+	0)
=	-0.311

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Aug. 2024 )
	=	-0.144	/	1.673
	=	-8.61 %

Engineer Gold Mines EBIT Related Terms

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Engineer Gold Mines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Engineer Gold Mines Ltd (TSXV:EAU) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

EGMLF:USA 9EG0:Germany

Address

750 West Pender Street, Suite 804, Vancouver, BC, CAN, V6C 2T7

Website

https://www.engineergoldmines.com

Engineer Gold Mines Ltd is an exploration-stage junior mining company. The firm is engaged in the identification, acquisition, and exploration of mineral properties. Its project includes Engineer Gold Mine project.

Executives

Christopher Huggins	Director, Senior Officer
James Frances Gerard Callaghan	10% Security Holder

Engineer Gold Mines Headlines

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