Intercontinental Gold And Metals (TSXV:ICAU.H) EBIT : C$-1.81 Mil (TTM As of Sep. 2021)

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What is Intercontinental Gold And Metals EBIT?

Intercontinental Gold And Metals's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2021 was C$-0.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2021 was C$-1.81 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Intercontinental Gold And Metals's annualized ROC % for the quarter that ended in Sep. 2021 was -119.83%. Intercontinental Gold And Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -319.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Intercontinental Gold And Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -26.33%.

Intercontinental Gold And Metals EBIT Historical Data

The historical data trend for Intercontinental Gold And Metals'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.

Intercontinental Gold And Metals EBIT Chart

Intercontinental Gold And Metals Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

EBIT

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-0.45

-0.35

-1.30

0.52

-2.16

Intercontinental Gold And Metals Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
EBIT	Get a 7-Day Free Trial															-0.30	-1.30	-0.23	-0.19	-0.09

Competitive Comparison of Intercontinental Gold And Metals's EBIT

For the Gold subindustry, Intercontinental Gold And Metals'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.

Intercontinental Gold And Metals's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Intercontinental Gold And Metals's EV-to-EBIT falls into.

Intercontinental Gold And Metals 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.81 Mil.

Intercontinental Gold And Metals (TSXV:ICAU.H) EBIT Explanation

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

Intercontinental Gold And Metals's annualized ROC % for the quarter that ended in Sep. 2021 is calculated as:

	ROC % (Q: Sep. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2021 )	+	Invested Capital (Q: Sep. 2021 ))	/ count )
=	-0.692 * ( 1 - 0% )	/	( (0.625	+	0.53)	/ 2 )
=	-0.692	/	0.5775
=	-119.83 %

where

	Invested Capital		(Q: Jun. 2021 )
=	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	))
=	2.393	-	1.611	-	( 0.157	-	max(0, 1.794	-	2.271	+	0.157	))
=	0.625

	Invested Capital		(Q: Sep. 2021 )
=	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	))
=	2.944	-	2.336	-	( 0.078	-	max(0, 2.527	-	2.844	+	0.078	))
=	0.53

Note: The Operating Income data used here is four times the quarterly (Sep. 2021) data.

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

Intercontinental Gold And Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2021		Q: Sep. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.356	/	( ( (0.123 + max(-0.258, 0))	+	(0.1 + max(-0.362, 0)) )	/	2 )
=	-0.356	/	( ( 0.123	+	0.1 )	/	2 )
=	-0.356	/	0.1115
=	-319.28 %

where Working Capital is:

	Working Capital		(Q: Jun. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.335	+	1.017)	-	(1.611	+	0	+	-0.00099999999999989)
=	-0.258

	Working Capital		(Q: Sep. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.607	+	1.367)	-	(2.336	+	0	+	4.4408920985006E-16)
=	-0.362

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

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

Intercontinental Gold And Metals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2021 )
	=	-1.811	/	6.879
	=	-26.33 %

Intercontinental Gold And Metals EBIT Related Terms

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Intercontinental Gold And Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Intercontinental Gold And Metals Ltd (TSXV:ICAU.H) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website

http://www.intercontinentalgold.com

Intercontinental Gold And Metals Ltd is a Canada-based company. It is engaged in the business of acquiring, exploring and evaluating assets with a focus on the Gold business. The company geographical segments include Canada and Bolivia.

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