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Goldcliff Resource (TSXV:GCN) EBIT : C$-0.35 Mil (TTM As of Jan. 2024)


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What is Goldcliff Resource EBIT?

Goldcliff Resource's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was C$-0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Goldcliff Resource's annualized ROC % for the quarter that ended in Jan. 2024 was -7.41%. Goldcliff Resource's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -10.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Goldcliff Resource's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -18.91%.


Goldcliff Resource EBIT Historical Data

The historical data trend for Goldcliff Resource'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.

Goldcliff Resource EBIT Chart

Goldcliff Resource Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.83 -1.17 -0.81 -1.20 -0.36

Goldcliff Resource Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.03 -0.14 -0.05 -0.15 -0.02

Competitive Comparison of Goldcliff Resource's EBIT

For the Gold subindustry, Goldcliff Resource'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.


Goldcliff Resource's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Goldcliff Resource 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.35 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.


Goldcliff Resource  (TSXV:GCN) EBIT Explanation

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

Goldcliff Resource's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-0.08 * ( 1 - 0% )/( (1.019 + 1.139)/ 2 )
=-0.08/1.079
=-7.41 %

where

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

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

Goldcliff Resource's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.084/( ( (0.776 + max(-0.118, 0)) + (0.81 + max(-0.082, 0)) )/ 2 )
=-0.084/( ( 0.776 + 0.81 )/ 2 )
=-0.084/0.793
=-10.59 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.118 + 0 + 0)
=-0.118

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.013 + 0 + 0) - (0.095 + 0 + 0)
=-0.082

When net working capital is negative, 0 is used.

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

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

Goldcliff Resource's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-0.354/1.872
=-18.91 %

* 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.


Goldcliff Resource EBIT Related Terms

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Goldcliff Resource (TSXV:GCN) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2
Goldcliff Resource Corp is a mine development company based in Canada. The company is engaged in the acquisition, exploration, evaluation, and development of mineral assets in the United States and Canada. The company owns an interest in the Panorama Ridge gold project, Pine Grove project, Ainsworth Silver property, Rand Property, Kettle Valley Property, and Aurora West Property.
Executives
George Walter Sanders Director

Goldcliff Resource (TSXV:GCN) Headlines

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