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Green Shift Commodities (TSXV:GCOM) EBIT : C$3.19 Mil (TTM As of Sep. 2024)


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What is Green Shift Commodities EBIT?

Green Shift Commodities's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$-0.41 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$3.19 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Green Shift Commodities's annualized ROC % for the quarter that ended in Sep. 2024 was -333.74%. Green Shift Commodities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -771.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Green Shift Commodities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -86.11%.


Green Shift Commodities EBIT Historical Data

The historical data trend for Green Shift Commodities'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.

Green Shift Commodities EBIT Chart

Green Shift Commodities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.54 -0.31 0.98 -1.13 -2.64

Green Shift Commodities 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 -0.78 -0.26 -0.26 4.11 -0.41

Competitive Comparison of Green Shift Commodities's EBIT

For the Other Industrial Metals & Mining subindustry, Green Shift Commodities'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.


Green Shift Commodities's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Green Shift Commodities's EV-to-EBIT falls into.



Green Shift Commodities 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$3.19 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.


Green Shift Commodities  (TSXV:GCOM) EBIT Explanation

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

Green Shift Commodities'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 )
=-1.652 * ( 1 - 0% )/( (0.504 + 0.486)/ 2 )
=-1.652/0.495
=-333.74 %

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:

Green Shift Commodities'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 )
=-1.652/( ( (0.222 + max(-0.379, 0)) + (0.206 + max(-0.487, 0)) )/ 2 )
=-1.652/( ( 0.222 + 0.206 )/ 2 )
=-1.652/0.214
=-771.96 %

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 + 0 + 0.022) - (0.401 + 0 + 0)
=-0.379

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.02) - (0.506 + 0 + 0.001)
=-0.487

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:

Green Shift Commodities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=3.187/-3.701
=-86.11 %

* 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.


Green Shift Commodities EBIT Related Terms

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Green Shift Commodities Business Description

Traded in Other Exchanges
Address
401-217 Queen Street West, Toronto, ON, CAN, M5V 0R2
Green Shift Commodities Ltd is a Canadian-based exploration company focused on the exploration of uranium and related minerals in South America. The group has a business presence in Canada, Colombia and Argentina.
Executives
Peter James Mullens Director
Trumbull Grant Fisher Director
Martin Edward Tunney Director

Green Shift Commodities Headlines

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