Grounded Lithium (TSXV:GRD) EBIT: C$-0.40 Mil (TTM As of Mar. 2026)


What is Grounded Lithium EBIT?

Grounded Lithium TSXV:GRD EBIT is C$-0.40 Mil as of Mar. 2026. The stock has 1 warning sign investors should review.

Grounded Lithium's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$-0.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-0.40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Grounded Lithium's annualized ROC % for the quarter that ended in Mar. 2026 was -11.14%. Grounded Lithium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -12.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Grounded Lithium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -8.56%.

Grounded Lithium  (TSXV:GRD) EBIT Explanation

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

Grounded Lithium's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-0.236 * ( 1 - 0% )/( (2.151 + 2.087)/ 2 )
=-0.236/2.119
=-11.14 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2.335 - 0.247 - ( 0.141 - max(0, 0.307 - 0.244+0.141))
=2.151

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3.31 - 1.253 - ( 0.19 - max(0, 1.253 - 1.223+0.19))
=2.087

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Grounded Lithium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.256/( ( (2.091 + max(-0.204, 0)) + (2.087 + max(-1.189, 0)) )/ 2 )
=-0.256/( ( 2.091 + 2.087 )/ 2 )
=-0.256/2.089
=-12.25 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.057 + 0 + 0.046) - (0.247 + 0 + 0.06)
=-0.204

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.064) - (1.253 + 0 + 0)
=-1.189

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Grounded Lithium's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-0.397/4.639
=-8.56 %

* 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.

Grounded Lithium EBIT Related Terms

Grounded Lithium EBIT Historical Data

* Premium members only.

The historical data trend for Grounded Lithium'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.

Grounded Lithium EBIT Chart

Grounded Lithium Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
-0.38 -6.97 -4.18 -1.07 -0.30

Grounded Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.10 -0.09 -0.15 -0.06

Grounded Lithium EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Grounded Lithium'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.

Grounded Lithium EV-to-EBIT vs Metals & Mining Industry

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

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


Grounded Lithium 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.40 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of C$-0.40 Mil mean?
Grounded Lithium (TSXV:GRD) has a EBIT of C$-0.40 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Grounded Lithium.
Is Grounded Lithium's EBIT too high?
Grounded Lithium's current EBIT is C$-0.40 Mil.
How does Grounded Lithium's EBIT compare to competitors?
Grounded Lithium's EBIT of C$-0.40 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Grounded Lithium. Grounded Lithium's current EBIT is C$-0.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grounded Lithium stock overvalued right now?
Grounded Lithium (TSXV:GRD) has a current EBIT of C$-0.40 Mil. The current EBIT is C$-0.40 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Grounded Lithium (TSXV:GRD), the current EBIT is C$-0.40 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Grounded Lithium Business Description

Other Exchanges GRDAF:USA
Address 400-5th Avenue SW, Suite 500, Calgary, AB, CAN, T2P 0L6
Grounded Lithium Corp is a lithium resource company. The Companies principal business is the acquiring, exploring and developing of mineral properties in Canada, with a specific focus on lithium. The development of these assets includes processes to purify and recover lithium metal directly from brine liquids.