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Harfang Exploration (TSXV:HAR) EBIT : C$-2.52 Mil (TTM As of Oct. 2024)


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What is Harfang Exploration EBIT?

Harfang Exploration's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2024 was C$-0.59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2024 was C$-2.52 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Harfang Exploration's annualized ROC % for the quarter that ended in Oct. 2024 was -19.91%. Harfang Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -24.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Harfang Exploration's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -116.76%.


Harfang Exploration EBIT Historical Data

The historical data trend for Harfang Exploration'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.

Harfang Exploration EBIT Chart

Harfang Exploration Annual Data
Trend Oct14 Oct15 Oct16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.54 -2.35 -4.53 -3.93 -2.59

Harfang Exploration Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 -0.72 -0.31 -0.57 -1.04 -0.59

Competitive Comparison of Harfang Exploration's EBIT

For the Other Industrial Metals & Mining subindustry, Harfang Exploration'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.


Harfang Exploration's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Harfang Exploration 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.52 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.


Harfang Exploration  (TSXV:HAR) EBIT Explanation

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

Harfang Exploration's annualized ROC % for the quarter that ended in Oct. 2024 is calculated as:

ROC % (Q: Oct. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2024 ) + Invested Capital (Q: Oct. 2024 ))/ count )
=-2.592 * ( 1 - 21.59% )/( (9.948 + 10.465)/ 2 )
=-2.0323872/10.2065
=-19.91 %

where

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

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

Harfang Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2024  Q: Oct. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.36/( ( (9.427 + max(-0.567, 0)) + (9.524 + max(-0.24, 0)) )/ 2 )
=-2.36/( ( 9.427 + 9.524 )/ 2 )
=-2.36/9.4755
=-24.91 %

where Working Capital is:

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.063000000000001) - (0.503 + 0 + 0.127)
=-0.567

Working Capital(Q: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.038) - (0.278 + 0 + -5.5511151231258E-17)
=-0.24

When net working capital is negative, 0 is used.

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

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

Harfang Exploration's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2024 )
=-2.515/2.154
=-116.76 %

* 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.


Harfang Exploration EBIT Related Terms

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Harfang Exploration Business Description

Traded in Other Exchanges
Address
1100 Avenue des Canadiens-de-Montreal, Suite 300, Montreal, QC, CAN, H3B 2S2
Harfang Exploration Inc is an exploration and evaluation stage company. The company is engaged in the business of acquiring and exploring mineral properties in Canada. The company's focus is currently on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Quebec for gold and lithium and in northeastern Ontario for gold. Its project portfolio includes Lake Menarik, Menarik East, Serpent, Lake Fagnant, and Lake Aulneau properties, Lake Tapiatic Property, and others.
Executives
Ian James Campbell Director
Marc Pothier Senior Officer
François Goulet Director
Pierre Labbé Director or Senior Officer of 10% Security Holder
Sean Roosen Director or Senior Officer of 10% Security Holder
André Gaumond Director

Harfang Exploration Headlines

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