GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blue Lagoon Resources Inc (XCNQ:BLLG) » Definitions » EBIT

Blue Lagoon Resources (XCNQ:BLLG) EBIT : C$-0.64 Mil (TTM As of Dec. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Blue Lagoon Resources EBIT?

Blue Lagoon Resources's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$-1.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$-0.64 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Blue Lagoon Resources's annualized ROC % for the quarter that ended in Dec. 2024 was -19.28%. Blue Lagoon Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -20.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Blue Lagoon Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -1.93%.


Blue Lagoon Resources EBIT Historical Data

The historical data trend for Blue Lagoon 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.

Blue Lagoon Resources EBIT Chart

Blue Lagoon Resources Annual Data
Trend Nov18 Nov19 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial -0.68 -7.89 -10.61 -8.77 -2.13

Blue Lagoon Resources Quarterly Data
May19 Aug19 Nov19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
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 -0.73 -0.52 0.80 -0.30 -1.14

Competitive Comparison of Blue Lagoon Resources's EBIT

For the Gold subindustry, Blue Lagoon 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.


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

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

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


;
;

Blue Lagoon 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.64 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.


Blue Lagoon Resources  (XCNQ:BLLG) EBIT Explanation

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

Blue Lagoon Resources's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-4.532 * ( 1 - 0% )/( (23.504 + 23.504)/ 2 )
=-4.532/23.504
=-19.28 %

where

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

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

Blue Lagoon Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.576/( ( (22.798 + max(-0.089, 0)) + (22.798 + max(-0.141, 0)) )/ 2 )
=-4.576/( ( 22.798 + 22.798 )/ 2 )
=-4.576/22.798
=-20.07 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.031) - (0.12 + 0 + 0)
=-0.089

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.017) - (0.158 + 0 + 0)
=-0.141

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-0.636/32.927
=-1.93 %

* 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.


Blue Lagoon Resources EBIT Related Terms

Thank you for viewing the detailed overview of Blue Lagoon Resources's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Blue Lagoon Resources Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8
Blue Lagoon Resources Inc is engaged in the exploration of mineral properties in Canada. Its business is to acquire, explore, and evaluate mineral resource interests. The projects of the company include Pellair Gold Project, Dome Mountain Gold Project, and Big Onion Project.
Executives
Rana Gurvinder Vig Director, Senior Officer

Blue Lagoon Resources Headlines

No Headlines