VULNF (Vulcan Energy Resources) EBIT : $-63.00 Mil (TTM As of Jun. 2024)

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What is Vulcan Energy Resources EBIT?

Vulcan Energy Resources's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $-20.52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $-63.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vulcan Energy Resources's annualized ROC % for the quarter that ended in Jun. 2024 was -26.24%. Vulcan Energy Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -18.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vulcan Energy Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -13.75%.

Vulcan Energy Resources EBIT Historical Data

The historical data trend for Vulcan Energy 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.

Vulcan Energy Resources EBIT Chart

Vulcan Energy Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Dec23

EBIT

-0.62

-2.51

-8.71

-25.10

-59.79

Vulcan Energy Resources Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial							-14.23	-18.37	-17.20	-42.48	-20.52

Competitive Comparison of Vulcan Energy Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Vulcan Energy 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.

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

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

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

Vulcan Energy 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-63.00 Mil.

Vulcan Energy Resources (OTCPK:VULNF) EBIT Explanation

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

Vulcan Energy Resources's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-64.818 * ( 1 - -1.03% )	/	( (233.809	+	265.322)	/ 2 )
=	-65.4856254	/	249.5655
=	-26.24 %

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	))
=	323.755	-	18.75	-	( 85.854	-	max(0, 22.666	-	93.862	+	85.854	))
=	233.809

	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	))
=	334.312	-	11.632	-	( 65.207	-	max(0, 15.977	-	73.335	+	65.207	))
=	265.322

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Vulcan Energy Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-41.032	/	( ( (208.829 + max(-19.558, 0))	+	(235.513 + max(-6.707, 0)) )	/	2 )
=	-41.032	/	( ( 208.829	+	235.513 )	/	2 )
=	-41.032	/	222.171
=	-18.47 %

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)
=	(0.663	+	0.357	+	0.904)	-	(18.75	+	0.123	+	2.609)
=	-19.558

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(7.562	+	0.17	+	0.396)	-	(11.632	+	0.112	+	3.091)
=	-6.707

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-62.996	/	458.106
	=	-13.75 %

Vulcan Energy Resources EBIT Related Terms

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Vulcan Energy Resources Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

VUL:Germany 6KO:Bulgaria VUL:Australia

Address

267 St Georges Terrace, Level 2, Perth, WA, AUS, 6000

Website

https://v-er.eu

Vulcan Energy Resources Ltd is engaged in decarbonizing the carbon production footprint of lithium-ion batteries used in electric vehicles by producing a lithium hydroxide monohydrate chemical product with zero carbon footprint. The group's combined geothermal energy and lithium resource has license areas focused on the Upper Rhine Valley in Germany. Vulcan's Zero Carbon Lithium Project uses renewable geothermal energy to power its lithium extraction process and create a renewable energy by-product that helps in decarbonizing the supply chain.