Zinco Mining (TSXV:ZIM.H) EBIT : C$-0.10 Mil (TTM As of Jun. 2017)

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What is Zinco Mining EBIT?

Zinco Mining's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2017 was C$-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2017 was C$-0.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zinco Mining's annualized ROC % for the quarter that ended in Jun. 2017 was -1,600.00%. Zinco Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was -1,600.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zinco Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was -4.86%.

Zinco Mining EBIT Historical Data

The historical data trend for Zinco Mining'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.

Zinco Mining EBIT Chart

Zinco Mining Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

EBIT

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-0.40

-0.23

-4.18

-0.07

-0.11

Zinco Mining Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
EBIT	Get a 7-Day Free Trial															-0.02	-0.06	-0.02	-	-0.01

Competitive Comparison of Zinco Mining's EBIT

For the Other Industrial Metals & Mining subindustry, Zinco Mining'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.

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

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

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

Zinco Mining 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 Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.10 Mil.

Zinco Mining (TSXV:ZIM.H) EBIT Explanation

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

Zinco Mining's annualized ROC % for the quarter that ended in Jun. 2017 is calculated as:

	ROC % (Q: Jun. 2017 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2017 )	+	Invested Capital (Q: Jun. 2017 ))	/ count )
=	-0.048 * ( 1 - 0% )	/	( (0.0029999999999999	+	0.0030000000000001)	/ 2 )
=	-0.048	/	0.003
=	-1,600.00 %

where

	Invested Capital		(Q: Mar. 2017 )
=	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	))
=	0.021	-	1.048	-	( 0.016	-	max(0, 1.048	-	0.018	+	0.016	))
=	0.0029999999999999

	Invested Capital		(Q: Jun. 2017 )
=	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	))
=	0.018	-	1.108	-	( 0.014	-	max(0, 1.108	-	0.015	+	0.014	))
=	0.0030000000000001

Note: The Operating Income data used here is four times the quarterly (Jun. 2017) data.

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

Zinco Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2017 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2017		Q: Jun. 2017
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.048	/	( ( (0.003 + max(-1.048, 0))	+	(0.003 + max(-1.108, 0)) )	/	2 )
=	-0.048	/	( ( 0.003	+	0.003 )	/	2 )
=	-0.048	/	0.003
=	-1,600.00 %

where Working Capital is:

	Working Capital		(Q: Mar. 2017 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	-3.4694469519536E-18)	-	(1.048	+	0	+	0)
=	-1.048

	Working Capital		(Q: Jun. 2017 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(1.108	+	0	+	0)
=	-1.108

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2017) EBIT data.

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

Zinco Mining's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2017 )
	=	-0.1	/	2.056
	=	-4.86 %

Zinco Mining EBIT Related Terms

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Zinco Mining (TSXV:ZIM.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zinco Mining Corp (TSXV:ZIM.H) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

16055 Fraser Highway, Suite 825, 205, Surrey, BC, CAN, V4N 0G2

Website

http://www.zincomining.com

Zinco Mining Corp is an exploration-stage company. The company is engaged in the acquisition, exploration, and development of its mineral interests. The firm is in the process of exploring its exploration and evaluation assets. It is engaged in the discovery and development of volcanogenic massive sulfide (VMS) deposits in Mexico. The firm, through its subsidiary, Minera Croesus S.A. de C.V., owns approximately seven mining concessions that define the VMS Project.

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