Idex Metals (TSXV:IDEX) EBIT: C$-8.61 Mil (TTM As of Apr. 2026)

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TSXV:IDEX Idex Metals Corp TSXV:IDEX
16 GF Score
Price C$0.36
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What is Idex Metals EBIT?

Idex Metals TSXV:IDEX -1.39% 16 EBIT is C$-8.61 Mil as of Apr. 2026. GuruFocus rates TSXV:IDEX with a GF Score™ of 16/100.

Idex Metals's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was C$-1.57 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was C$-8.61 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Idex Metals's annualized ROC % for the quarter that ended in Apr. 2026 was -379.99%. Idex Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -492.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Idex Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -32.91%.

Idex Metals  (TSXV:IDEX) EBIT Explanation

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

Idex Metals's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=-6.228 * ( 1 - 0% )/( (1.664 + 1.614)/ 2 )
=-6.228/1.639
=-379.99 %

where

Invested Capital(Q: Jan. 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))
=4.63 - 0.468 - ( 2.498 - max(0, 0.497 - 3.041+2.498))
=1.664

Invested Capital(Q: Apr. 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))
=3.433 - 0.643 - ( 1.465 - max(0, 0.673 - 1.849+1.465))
=1.614

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

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

Idex Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.288/( ( (1.28 + max(-0.04, 0)) + (1.276 + max(-0.326, 0)) )/ 2 )
=-6.288/( ( 1.28 + 1.276 )/ 2 )
=-6.288/1.278
=-492.02 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.428) - (0.468 + 0 + -5.5511151231258E-17)
=-0.04

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.317) - (0.643 + 0 + 0)
=-0.326

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=-8.613/26.174
=-32.91 %

* 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.

Idex Metals EBIT Related Terms

Idex Metals EBIT Historical Data

* Premium members only.

The historical data trend for Idex 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.

Idex Metals EBIT Chart

Idex Metals Annual Data
Trend Jul23 Mar24 Mar25
EBIT
-0.60 -0.05 -0.08

Idex Metals Quarterly Data
Jul23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.96 -2.18 -3.05 -1.82 -1.57

Idex Metals EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Idex 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.

Idex Metals EV-to-EBIT vs Metals & Mining Industry

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

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


TSXV:IDEX
16GF Score
Idex Metals Corp TSXV:IDEX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Idex 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-8.61 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$-8.61 Mil mean?
Idex Metals (TSXV:IDEX) has a EBIT of C$-8.61 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Idex Metals.
Is Idex Metals' EBIT too high?
Idex Metals' current EBIT is C$-8.61 Mil. Overall, Idex Metals has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Idex Metals' EBIT compare to competitors?
Idex Metals' EBIT of C$-8.61 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 Idex Metals. Idex Metals's current EBIT is C$-8.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Idex Metals stock overvalued right now?
Idex Metals (TSXV:IDEX) has a current EBIT of C$-8.61 Mil. The current EBIT is C$-8.61 Mil. Idex Metals' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Idex Metals (TSXV:IDEX), the current EBIT is C$-8.61 Mil as of Apr. 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.

Idex Metals Business Description

Other Exchanges X4Y:Germany
Address 1188 - 1095 West Pender Street, Vancouver, BC, CAN, V6W 2M6
Idex Metals Corp is an exploration company principally engaged in identifying, acquiring, and exploring high-value potential mineral assets in the State of Idaho, operating in a single reportable segment focused on the exploration and evaluation of mineral properties. Its project portfolio includes Amie in Owyhee County; Autunite Hill in Clark County; Badger Creek in Butte County; Basinger Canyon in Lemhi County; Caribou in Bonneville County; Deadman's Gulch in Shoshone County; Demming in Owyhee County; Fort Hall in Bannock County; Foss in Butte County; Freeze in Washington County; Kismet in Washington County, and others.
16GF Score

Get the complete analysis for TSXV:IDEX

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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