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VVC Exploration (VVC Exploration) EBIT : $-2.51 Mil (TTM As of Oct. 2023)


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What is VVC Exploration EBIT?

VVC Exploration's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2023 was $-0.91 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2023 was $-2.51 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. VVC Exploration's annualized ROC % for the quarter that ended in Oct. 2023 was -10.14%. VVC Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was -286.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. VVC Exploration's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was -17.14%.


VVC Exploration EBIT Historical Data

The historical data trend for VVC Exploration'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.

VVC Exploration EBIT Chart

VVC Exploration Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.34 -1.35 -11.49 -6.59 -4.02

VVC Exploration Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -0.57 -0.99 -0.29 -0.33 -0.91

Competitive Comparison of VVC Exploration's EBIT

For the Oil & Gas E&P subindustry, VVC Exploration'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.


VVC Exploration's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, VVC Exploration's EV-to-EBIT distribution charts can be found below:

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



VVC Exploration 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.51 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.


VVC Exploration  (OTCPK:VVCVF) EBIT Explanation

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

VVC Exploration's annualized ROC % for the quarter that ended in Oct. 2023 is calculated as:

ROC % (Q: Oct. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2023 ) + Invested Capital (Q: Oct. 2023 ))/ count )
=-3.624 * ( 1 - 0% )/( (36.244 + 35.215)/ 2 )
=-3.624/35.7295
=-10.14 %

where

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

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

VVC Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2023  Q: Oct. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.636/( ( (1.276 + max(-5.254, 0)) + (1.266 + max(-4.975, 0)) )/ 2 )
=-3.636/( ( 1.276 + 1.266 )/ 2 )
=-3.636/1.271
=-286.07 %

where Working Capital is:

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.012999999999999) - (1.569 + 3.25 + 0.448)
=-5.254

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.049) - (1.28 + 3.291 + 0.453)
=-4.975

When net working capital is negative, 0 is used.

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

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

VVC Exploration's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2023 )
=-2.511/14.650
=-17.14 %

* 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.


VVC Exploration EBIT Related Terms

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VVC Exploration (VVC Exploration) Business Description

Traded in Other Exchanges
Address
2369 Kingston Road, P.O. Box 28059, Terry Town, Scarborough, ON, CAN, M1N 4E7
VVC Exploration Corp is engaged in the exploration and development of precious and base metals mineral properties. Its portfolio includes the Gloria Copper Project in Northern Mexico, precious metals properties also in Mexico, and the Helium / Natural Gas Projects owned by its wholly-owned subsidiary, PHC. VVC is currently focused on the Helium Projects owned by PHC and will resume the development of the Gloria Copper Project. The company's mineral resource properties are located in Mexico and Canada.

VVC Exploration (VVC Exploration) Headlines

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