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Golden Harp Resources (TSXV:GHR.H) EBIT : C$-0.12 Mil (TTM As of Mar. 2024)


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What is Golden Harp Resources EBIT?

Golden Harp Resources's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Golden Harp Resources's annualized ROC % for the quarter that ended in Mar. 2024 was -156.10%. Golden Harp Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -8,533.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Golden Harp Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -4.92%.


Golden Harp Resources EBIT Historical Data

The historical data trend for Golden Harp 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.

Golden Harp Resources EBIT Chart

Golden Harp Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.33 -0.14 -0.13 -1.43 -0.12

Golden Harp Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.03 -0.03 -0.03 -0.03

Competitive Comparison of Golden Harp Resources's EBIT

For the Other Precious Metals & Mining subindustry, Golden Harp 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.


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

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

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



Golden Harp 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.12 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.


Golden Harp Resources  (TSXV:GHR.H) EBIT Explanation

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

Golden Harp Resources's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-0.128 * ( 1 - 0% )/( (0.08 + 0.084)/ 2 )
=-0.128/0.082
=-156.10 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.128/( ( (0.001 + max(-0.33, 0)) + (0.002 + max(-0.348, 0)) )/ 2 )
=-0.128/( ( 0.001 + 0.002 )/ 2 )
=-0.128/0.0015
=-8,533.33 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.331 + 0 + -0.0010000000000001)
=-0.33

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.348 + 0 + 0)
=-0.348

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-0.121/2.461
=-4.92 %

* 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.


Golden Harp Resources EBIT Related Terms

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Golden Harp Resources (TSXV:GHR.H) Business Description

Traded in Other Exchanges
Address
777 Hornby Street, Suite 2080, Vancouver, BC, CAN, V6Z 1S4
Golden Harp Resources Inc is a Canadian exploration stage company. It is engaged in the acquisition, exploration, and development of Canadian mineral properties. The company focuses on exploring gold and base metals on Copper Hill Property in Northern Ontario. Geographically, it operates within Canada.

Golden Harp Resources (TSXV:GHR.H) Headlines

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