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Searchlight Resources (TSXV:SCLT) EBIT : C$-1.25 Mil (TTM As of Sep. 2024)


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What is Searchlight Resources EBIT?

Searchlight Resources's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$-0.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-1.25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Searchlight Resources's annualized ROC % for the quarter that ended in Sep. 2024 was -96.10%. Searchlight Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -100.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Searchlight Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -97.13%.


Searchlight Resources EBIT Historical Data

The historical data trend for Searchlight 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.

Searchlight Resources EBIT Chart

Searchlight Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.86 -1.30 -1.24 -1.46 -1.29

Searchlight 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 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 -0.23 -0.74 -0.17 -0.15 -0.20

Competitive Comparison of Searchlight Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Searchlight 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.


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

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

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



Searchlight 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$-1.25 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.


Searchlight Resources  (TSXV:SCLT) EBIT Explanation

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

Searchlight 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 )
=-0.788 * ( 1 - 0% )/( (0.833 + 0.807)/ 2 )
=-0.788/0.82
=-96.10 %

where

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

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

Searchlight 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 )
=-0.788/( ( (0.788 + max(-0.002, 0)) + (0.788 + max(-0.046, 0)) )/ 2 )
=-0.788/( ( 0.788 + 0.788 )/ 2 )
=-0.788/0.788
=-100.00 %

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)
=(0.082 + 0 + 0.09) - (0.128 + 0 + 0.046)
=-0.002

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.086 + 0 + 0.08) - (0.193 + 0 + 0.019)
=-0.046

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-1.254/1.291
=-97.13 %

* 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.


Searchlight Resources EBIT Related Terms

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Searchlight Resources Business Description

Traded in Other Exchanges
Address
1199 West Pender Street, Suite 408, Vancouver, BC, CAN, V6E 2R1
Searchlight Resources Inc is a Canadian mineral exploration and development company focused in Saskatchewan, Canada. Its exploration focus is on gold, uranium and battery minerals throughout the Province. It also holds an interest in Kulyk Lake South; Bootleg Lake Gold Property, Robinson Creek; Wapawekka Lake Greenstone Belt, Reef Lake, Munro Warden Copper Nickel Cobalt Property, Cameron Cobalt Property, Duddridge Lake Property, Flin Flon North Project and Others.
Executives
Stephen Wallace 10% Security Holder, Director, Senior Officer
Alfred Bruce Stewart Director, Senior Officer
Peter Dueck Director
Gem Oil Inc 10% Security Holder

Searchlight Resources Headlines

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