The Canadian Chrome Co (XCNQ:CACR) EBIT : C$-3.90 Mil (TTM As of Sep. 2024)

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What is The Canadian Chrome Co EBIT?

The Canadian Chrome Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$-2.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-3.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Canadian Chrome Co's annualized ROC % for the quarter that ended in Sep. 2024 was -804.29%. The Canadian Chrome Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -38,123.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Canadian Chrome Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -6.28%.

The Canadian Chrome Co EBIT Historical Data

The historical data trend for The Canadian Chrome Co'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.

The Canadian Chrome Co EBIT Chart

The Canadian Chrome Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-4.47

-1.40

-14.71

-36.86

-9.73

The Canadian Chrome Co 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															-0.74	-0.49	-0.40	-0.39	-2.62

Competitive Comparison of The Canadian Chrome Co's EBIT

For the Other Industrial Metals & Mining subindustry, The Canadian Chrome Co'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.

The Canadian Chrome Co's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where The Canadian Chrome Co's EV-to-EBIT falls into.

The Canadian Chrome Co 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$-3.90 Mil.

The Canadian Chrome Co (XCNQ:CACR) EBIT Explanation

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

The Canadian Chrome Co'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 )
=	-10.488 * ( 1 - 0% )	/	( (1.288	+	1.32)	/ 2 )
=	-10.488	/	1.304
=	-804.29 %

where

	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	))
=	0.329	-	5.071	-	( 0.135	-	max(0, 6.183	-	0.153	+	0.135	))
=	1.288

	Invested Capital		(Q: Sep. 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	))
=	0.35	-	4.386	-	( 0.116	-	max(0, 5.532	-	0.176	+	0.116	))
=	1.32

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

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

The Canadian Chrome Co'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 )
=	-10.484	/	( ( (0.031 + max(-5.057, 0))	+	(0.024 + max(-4.381, 0)) )	/	2 )
=	-10.484	/	( ( 0.031	+	0.024 )	/	2 )
=	-10.484	/	0.0275
=	-38,123.64 %

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	+	0	+	0.014)	-	(5.071	+	0	+	0)
=	-5.057

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.005)	-	(4.386	+	0	+	0)
=	-4.381

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:

The Canadian Chrome Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	-3.899	/	62.096
	=	-6.28 %

The Canadian Chrome Co EBIT Related Terms

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The Canadian Chrome Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » The Canadian Chrome Co (XCNQ:CACR) » Definitions » EBIT

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Traded in Other Exchanges

KWGBF:USA CACR.A:Canada

Address

141 Adelaide Street West, Suite 240, Toronto, ON, CAN, M5H 3L5

Website

https://www.canadachrome.com

The Canadian Chrome Co is a Canada-based mineral exploration company. The company is engaged in the exploration and evaluation of base and precious metals and in the development of a transportation link to access the areas where these are located. It also has interests in technology relating to the production of chromium iron alloys. The company is focused on the development of chromite. The properties of the company include Black Horse, Koper Lake, and McFaulds Lake. The Company's operations comprise a single reporting operating segment engaged in mineral exploration in Canada.

The Canadian Chrome Co Headlines

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