Southern Cross Gold Consolidated (TSXV:SXGC) EBIT : C$32.67 Mil (TTM As of Nov. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Southern Cross Gold Consolidated EBIT?

Southern Cross Gold Consolidated's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2024 was C$-2.40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2024 was C$32.67 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Southern Cross Gold Consolidated's annualized ROC % for the quarter that ended in Nov. 2024 was -4.95%. Southern Cross Gold Consolidated's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was -32.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Southern Cross Gold Consolidated's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was 3.15%.

Southern Cross Gold Consolidated EBIT Historical Data

The historical data trend for Southern Cross Gold Consolidated'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.

Southern Cross Gold Consolidated EBIT Chart

Southern Cross Gold Consolidated Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

EBIT

Get a 7-Day Free Trial

-2.93

-3.02

-4.15

-5.96

-7.91

Southern Cross Gold Consolidated Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
EBIT	Get a 7-Day Free Trial															-2.58	-2.09	37.84	-0.68	-2.40

Competitive Comparison of Southern Cross Gold Consolidated's EBIT

For the Gold subindustry, Southern Cross Gold Consolidated'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.

Southern Cross Gold Consolidated's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Southern Cross Gold Consolidated's EV-to-EBIT falls into.

Save Embed

;

Save Embed

;

Southern Cross Gold Consolidated 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$32.67 Mil.

Southern Cross Gold Consolidated (TSXV:SXGC) EBIT Explanation

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

Southern Cross Gold Consolidated's annualized ROC % for the quarter that ended in Nov. 2024 is calculated as:

	ROC % (Q: Nov. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Aug. 2024 )	+	Invested Capital (Q: Nov. 2024 ))	/ count )
=	-1.516 * ( 1 - 0% )	/	( (28.844	+	32.434)	/ 2 )
=	-1.516	/	30.639
=	-4.95 %

where

	Invested Capital		(Q: Aug. 2024 )
=	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	))
=	42.083	-	1.613	-	( 12.929	-	max(0, 1.811	-	13.437	+	12.929	))
=	28.844

	Invested Capital		(Q: Nov. 2024 )
=	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	))
=	39.263	-	1.404	-	( 6.613	-	max(0, 1.581	-	7.006	+	6.613	))
=	32.434

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

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

Southern Cross Gold Consolidated's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Nov. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Aug. 2024		Q: Nov. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-9.604	/	( ( (27.482 + max(-1.338, 0))	+	(31.091 + max(-1.297, 0)) )	/	2 )
=	-9.604	/	( ( 27.482	+	31.091 )	/	2 )
=	-9.604	/	29.2865
=	-32.79 %

where Working Capital is:

	Working Capital		(Q: Aug. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.275)	-	(1.613	+	0	+	0)
=	-1.338

	Working Capital		(Q: Nov. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.107)	-	(1.404	+	0	+	0)
=	-1.297

When net working capital is negative, 0 is used.

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

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

Southern Cross Gold Consolidated's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Nov. 2024 )
	=	32.665	/	1037.243
	=	3.15 %

Southern Cross Gold Consolidated EBIT Related Terms

Thank you for viewing the detailed overview of Southern Cross Gold Consolidated's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Southern Cross Gold Consolidated Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Cross Gold Consolidated Ltd (TSXV:SXGC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

MWSNF:USA 0A9C:UK MV3:Germany SX2:Australia

Address

1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website

https://www.southerncrossgold.com

Southern Cross Gold Consolidated Ltd is a gold exploration company. The projects of the company include Sunday Creek, Redcastle, MT Isa, and others. The Company is also engaged exploring in antimony in the Victorian Goldfields.

Executives

Noora Ahola	Director
Bruce John Griffin	Director
Limited (for The General Partner Of Sentient Global Resources Fund Iv L.p.) Sentient Executive Gp Iv	10% Security Holder
Ltd. (for The Gp Of Sentient Global Resources Fund Iii L.p. And Sgrf Iii Parallel I L.p.) Sentient Executive Gp Iii	10% Security Holder

Southern Cross Gold Consolidated Headlines

No Headlines