Optegra Ventures (TSXV:OPTG) EBIT : C$-0.61 Mil (TTM As of Dec. 2023)

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What is Optegra Ventures EBIT?

Optegra Ventures's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.61 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Optegra Ventures's annualized ROC % for the quarter that ended in Dec. 2023 was -29.63%. Optegra Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -30.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Optegra Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -117.48%.

Optegra Ventures EBIT Historical Data

The historical data trend for Optegra Ventures'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.

Optegra Ventures EBIT Chart

Optegra Ventures Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

EBIT

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-0.70

-2.05

-1.36

-1.12

-0.70

Optegra Ventures Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-0.20	-0.23	-0.11	-0.17	-0.10

Competitive Comparison of Optegra Ventures's EBIT

For the Other Industrial Metals & Mining subindustry, Optegra Ventures'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.

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

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

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

Optegra Ventures 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.61 Mil.

Optegra Ventures (TSXV:OPTG) EBIT Explanation

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

Optegra Ventures's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-0.4 * ( 1 - 0% )	/	( (1.292	+	1.408)	/ 2 )
=	-0.4	/	1.35
=	-29.63 %

where

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	1.345	-	0.387	-	( 0.001	-	max(0, 0.387	-	0.053	+	0.001	))
=	1.292

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	1.39	-	0.351	-	( 0.04	-	max(0, 0.462	-	0.093	+	0.04	))
=	1.408

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Optegra Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.396	/	( ( (1.292 + max(-0.338, 0))	+	(1.297 + max(-0.304, 0)) )	/	2 )
=	-0.396	/	( ( 1.292	+	1.297 )	/	2 )
=	-0.396	/	1.2945
=	-30.59 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.049)	-	(0.387	+	0	+	0)
=	-0.338

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.047)	-	(0.351	+	0	+	5.5511151231258E-17)
=	-0.304

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Optegra Ventures's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-0.605	/	0.515
	=	-117.48 %

Optegra Ventures EBIT Related Terms

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Optegra Ventures (TSXV:OPTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Optegra Ventures Inc (TSXV:OPTG) » Definitions » EBIT

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Traded in Other Exchanges

ESXMF:USA

Address

3002 - 1211 Melville Street, Vancouver, BC, CAN, V6E 0A7

Website

https://www.essexminerals.com

Optegra Ventures Inc Formerly Essex Minerals Inc is a Canada-based company engaged in exploration and evaluation business in two geographical areas, Canada and Australia.

Optegra Ventures (TSXV:OPTG) Headlines

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