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GMV Minerals (TSXV:GMV) EBIT : C$-0.87 Mil (TTM As of Dec. 2024)


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What is GMV Minerals EBIT?

GMV Minerals's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$-0.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$-0.87 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GMV Minerals's annualized ROC % for the quarter that ended in Dec. 2024 was -6.90%. GMV Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -6.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GMV Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -8.05%.


GMV Minerals EBIT Historical Data

The historical data trend for GMV Minerals'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.

GMV Minerals EBIT Chart

GMV Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.77 -1.29 -0.49 -0.79 -0.91

GMV Minerals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.16 -0.40 -0.21 -0.12 -0.14

Competitive Comparison of GMV Minerals's EBIT

For the Gold subindustry, GMV Minerals'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.


GMV Minerals's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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


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GMV Minerals 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.87 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.


GMV Minerals  (TSXV:GMV) EBIT Explanation

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

GMV Minerals's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-0.556 * ( 1 - 0% )/( (8.027 + 8.078)/ 2 )
=-0.556/8.0525
=-6.90 %

where

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

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

GMV Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.556/( ( (8.009 + max(-0.206, 0)) + (8.06 + max(-0.011, 0)) )/ 2 )
=-0.556/( ( 8.009 + 8.06 )/ 2 )
=-0.556/8.0345
=-6.92 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.004 + 0 + 0.077) - (0.287 + 0 + 0)
=-0.206

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.011 + 0 + 0.04) - (0.062 + 0 + 0)
=-0.011

When net working capital is negative, 0 is used.

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

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

GMV Minerals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-0.869/10.790
=-8.05 %

* 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.


GMV Minerals EBIT Related Terms

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GMV Minerals Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1050, Vancouver, BC, CAN, V6E 3V7
GMV Minerals Inc is an exploration stage and its principal business activity is the sourcing and exploration of mineral properties. The company is in the process of exploring its principal mineral properties in southeast Arizona and north central Nevada. It holds an interest in the Mexican Hat project, in Arizona, and the Daisy Creek Lithium project in Nevada. The company has one operating segment: mineral exploration. GMV Minerals operates in one geographical segment, the United States of America.
Executives
Alistair Maclennan Director, Senior Officer
Ian Mcculloch Klassen Director
Robert Coltura Director

GMV Minerals Headlines

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