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Lomiko Metals (TSXV:LMR) EBIT : C$-1.57 Mil (TTM As of Oct. 2024)


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What is Lomiko Metals EBIT?

Lomiko Metals's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2024 was C$-0.40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2024 was C$-1.57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lomiko Metals's annualized ROC % for the quarter that ended in Oct. 2024 was -12.26%. Lomiko Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -12.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lomiko Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -28.65%.


Lomiko Metals EBIT Historical Data

The historical data trend for Lomiko 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.

Lomiko Metals EBIT Chart

Lomiko Metals Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.19 -1.73 -3.40 -1.94 -1.55

Lomiko Metals 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 -0.38 -0.43 -0.37 -0.37 -0.40

Competitive Comparison of Lomiko Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Lomiko 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.


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

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

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


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Lomiko 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.57 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.


Lomiko Metals  (TSXV:LMR) EBIT Explanation

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

Lomiko Metals'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 )
=-1.612 * ( 1 - 0% )/( (13.036 + 13.259)/ 2 )
=-1.612/13.1475
=-12.26 %

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:

Lomiko Metals'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 )
=-1.612/( ( (12.915 + max(-0.507, 0)) + (13.175 + max(-0.514, 0)) )/ 2 )
=-1.612/( ( 12.915 + 13.175 )/ 2 )
=-1.612/13.045
=-12.36 %

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 + 0.175) - (0.561 + 0 + 0.121)
=-0.507

Working Capital(Q: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.151) - (0.581 + 0 + 0.084)
=-0.514

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2024 )
=-1.57/5.479
=-28.65 %

* 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.


Lomiko Metals EBIT Related Terms

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Lomiko Metals Business Description

Traded in Other Exchanges
Address
7184 120th Street, Suite 439, Surrey, BC, CAN, V3W 0M6
Lomiko Metals Inc is a company with the mission to manifest abundance of renewable energy with Canadian and Quebec critical minerals for a solution in North America. It is developing the La Loutre graphite deposit, located northwest of Montreal, and the Bourier lithium project, located in the James Bay region of Quebec in Canada's lithium triangle that has historically housed lithium deposits and mineralization trends. the company is also working on a graphite pipeline project. Lomiko Metals Graphics Portfolio which includes sub projects under it: Lac Boyd, Lac Dieppe, Lac Meloche, Lac Tremblant, Ruisseau, North Low.
Executives
Gordana Slepcev Senior Officer
Amrit Paul Singh Gill Director
Vincent A Osbourn Senior Officer
Belinda Elaine Labatte Director, Senior Officer
Gregory Edward Jensen Director
Jacqueline Michael Director
Gabriel Erdelyi Director
Ajs Management Corp. Director

Lomiko Metals Headlines

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