GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Garibaldi Resources Corp (TSXV:GGI) » Definitions » EBIT

Garibaldi Resources (TSXV:GGI) EBIT : C$-0.74 Mil (TTM As of Jul. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Garibaldi Resources EBIT?

Garibaldi Resources's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2024 was C$-0.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2024 was C$-0.74 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Garibaldi Resources's annualized ROC % for the quarter that ended in Jul. 2024 was -1.17%. Garibaldi Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -2.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Garibaldi Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -6.49%.


Garibaldi Resources EBIT Historical Data

The historical data trend for Garibaldi 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.

Garibaldi Resources EBIT Chart

Garibaldi Resources Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.58 -3.10 -2.03 -2.91 -0.71

Garibaldi Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.20 0.08 -0.44 -0.16 -0.23

Competitive Comparison of Garibaldi Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Garibaldi 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.


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

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

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



Garibaldi 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.74 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.


Garibaldi Resources  (TSXV:GGI) EBIT Explanation

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

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

ROC % (Q: Jul. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Jul. 2024 ))/ count )
=-0.524 * ( 1 - 0% )/( (44.735 + 44.747)/ 2 )
=-0.524/44.741
=-1.17 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.9/( ( (44.539 + max(-2.051, 0)) + (44.551 + max(-2.27, 0)) )/ 2 )
=-0.9/( ( 44.539 + 44.551 )/ 2 )
=-0.9/44.545
=-2.02 %

where Working Capital is:

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.017) - (2.068 + 0 + 0)
=-2.051

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.018) - (2.288 + 0 + 0)
=-2.27

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2024 )
=-0.744/11.466
=-6.49 %

* 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.


Garibaldi Resources EBIT Related Terms

Thank you for viewing the detailed overview of Garibaldi Resources's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Garibaldi Resources Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1150, Vancouver, BC, CAN, V6C 1T2
Garibaldi Resources Corp is a Canada-based exploration-stage company. It is engaged in the acquisition, exploration, and evaluation of mineral properties. The company's projects include Red Lion; Palm Spring; Sid, Sunrise and Atlin, and others.
Executives
Raymond Goldie Director
Barrie Di Castri Senior Officer
Peter Craig Gibson Director

Garibaldi Resources Headlines

No Headlines