Odyssey Resources (TSXV:ODX.H) EBIT : C$0.80 Mil (TTM As of Sep. 2024)

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What is Odyssey Resources EBIT?

Odyssey Resources's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$0.80 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Odyssey Resources's annualized ROC % for the quarter that ended in Sep. 2024 was -3,228,180,212,899,171,840.00%. Odyssey Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -7,378,697,629,483,821,056.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Odyssey Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 32.13%.

Odyssey Resources EBIT Historical Data

The historical data trend for Odyssey Resources'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.

Odyssey Resources EBIT Chart

Odyssey Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-0.10

-0.07

-0.05

-0.40

0.79

Odyssey Resources 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															-0.01	0.85	-0.04	-0.01	-0.01

Competitive Comparison of Odyssey Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Odyssey Resources'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.

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

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

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

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Odyssey Resources 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$0.80 Mil.

Odyssey Resources (TSXV:ODX.H) EBIT Explanation

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

Odyssey Resources'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 )
=	-0.028 * ( 1 - 0% )	/	( (0	+	1.7347234759768E-18)	/ 2 )
=	-0.028	/	8.673617379884E-19
=	-3,228,180,212,899,171,840.00 %

where

	Invested Capital		(Q: Jun. 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	))
=	0.026	-	0.004	-	( 0.023	-	max(0, 0.004	-	0.026	+	0.023	))
=	0

	Invested Capital		(Q: Sep. 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	))
=	0.014	-	0.005	-	( 0.009	-	max(0, 0.005	-	0.014	+	0.009	))
=	1.7347234759768E-18

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

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

Odyssey Resources'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 )
=	-0.032	/	( ( (0 + max(-0.002, 0))	+	(0 + max(8.673617379884E-19, 0)) )	/	2 )
=	-0.032	/	( ( 0	+	8.673617379884E-19 )	/	2 )
=	-0.032	/	4.336808689942E-19
=	-7,378,697,629,483,821,056.00 %

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	+	0	+	0.002)	-	(0.004	+	0	+	0)
=	-0.002

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.005)	-	(0.005	+	0	+	0)
=	8.673617379884E-19

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:

Odyssey Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	0.798	/	2.484
	=	32.13 %

Odyssey Resources EBIT Related Terms

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Odyssey Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Odyssey Resources Ltd (TSXV:ODX.H) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Bay Street, Brookfield Place, Suite 4400, Toronto, ON, CAN, M5J 2T3

Website

https://www.odysseyresources.com

Odyssey Resources Ltd is an exploration company focused on the acquisition, exploration, discovery, and development of mineral resource properties. The company is assessing new properties and seeks to acquire an interest in mineral properties. The company has one reportable operating segment being the acquisition and exploration of mineral properties.

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