Lion Rock Resources (TSXV:ROAR) EBIT : C$-1.42 Mil (TTM As of Mar. 2024)

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What is Lion Rock Resources EBIT?

Lion Rock Resources's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-0.40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-1.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lion Rock Resources's annualized ROC % for the quarter that ended in Mar. 2024 was -187.25%. Lion Rock Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -215.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lion Rock Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -19.83%.

Lion Rock Resources EBIT Historical Data

The historical data trend for Lion Rock 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.

Lion Rock Resources EBIT Chart

Lion Rock Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-0.74

-0.31

-0.32

-0.35

-1.12

Lion Rock Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-0.11	-0.15	-0.24	-0.63	-0.40

Competitive Comparison of Lion Rock Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Lion Rock 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.

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

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

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

Lion Rock 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.42 Mil.

Lion Rock Resources (TSXV:ROAR) EBIT Explanation

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

Lion Rock Resources's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-1.616 * ( 1 - 0% )	/	( (0.846	+	0.88)	/ 2 )
=	-1.616	/	0.863
=	-187.25 %

where

	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	))
=	1.084	-	0.086	-	( 0.24	-	max(0, 0.21	-	0.362	+	0.24	))
=	0.846

	Invested Capital		(Q: Mar. 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	))
=	1.81	-	0.223	-	( 0.932	-	max(0, 0.347	-	1.054	+	0.932	))
=	0.88

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

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

Lion Rock Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.616	/	( ( (0.722 + max(0.022, 0))	+	(0.756 + max(-0.121, 0)) )	/	2 )
=	-1.616	/	( ( 0.744	+	0.756 )	/	2 )
=	-1.616	/	0.75
=	-215.47 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.108)	-	(0.086	+	0	+	0)
=	0.022

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.102)	-	(0.223	+	0	+	0)
=	-0.121

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-1.417	/	7.147
	=	-19.83 %

Lion Rock Resources EBIT Related Terms

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Lion Rock Resources (TSXV:ROAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lion Rock Resources Inc (TSXV:ROAR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

KGB:Germany

Address

200 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 3L6

Website

https://www.lionrockresources.com

Lion Rock Resources Inc is an exploration company focused on the exploration and development of the Maybrun property, a gold-copper project located approximately 80 km southeast of Kenora, Ontario. The Company operates in one business segment which is the exploration and development of resource properties.

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