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Ibero Mining (TSXV:IMC) EBIT : C$-1.54 Mil (TTM As of Sep. 2024)


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What is Ibero Mining EBIT?

Ibero Mining's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$-1.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-1.54 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ibero Mining's annualized ROC % for the quarter that ended in Sep. 2024 was -634.48%. Ibero Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2,173.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ibero Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -70.10%.


Ibero Mining EBIT Historical Data

The historical data trend for Ibero Mining'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.

Ibero Mining EBIT Chart

Ibero Mining Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -0.08 -0.14 -1.37 -1.09 -0.67

Ibero Mining Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.07 -0.20 -0.14 -0.16 -1.04

Competitive Comparison of Ibero Mining's EBIT

For the Other Precious Metals & Mining subindustry, Ibero Mining'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.


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

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

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


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Ibero Mining 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.54 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.


Ibero Mining  (TSXV:IMC) EBIT Explanation

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

Ibero Mining's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-4.14 * ( 1 - 0% )/( (0.927 + 0.378)/ 2 )
=-4.14/0.6525
=-634.48 %

where

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

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

Ibero Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.14/( ( (0.138 + max(-0.146, 0)) + (0.243 + max(-0.12, 0)) )/ 2 )
=-4.14/( ( 0.138 + 0.243 )/ 2 )
=-4.14/0.1905
=-2,173.23 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.026 + 0 + 0.094) - (0.266 + 0 + 0)
=-0.146

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.11 + 0 + 0.052) - (0.282 + 0 + 0)
=-0.12

When net working capital is negative, 0 is used.

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

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

Ibero Mining's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-1.538/2.194
=-70.10 %

* 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.


Ibero Mining EBIT Related Terms

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Ibero Mining Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Ibero Mining Corp is focused on exploring and advancing gold and copper assets in Portugal. It holds several brownfield gold and copper-gold projects with near term mining potential.
Executives
Karim Rayani Director, Senior Officer
Catalin Kilofliski Director
Jose Mario Moreira Castelo Branco Senior Officer
Christopher Osterman Senior Officer

Ibero Mining Headlines

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