Edgemont Gold (XCNQ:EDGM) EBIT : C$-0.14 Mil (TTM As of Jan. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Edgemont Gold EBIT?

Edgemont Gold's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was C$-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Edgemont Gold's annualized ROC % for the quarter that ended in Jan. 2024 was -7.37%. Edgemont Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -7.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Edgemont Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -220.31%.

Edgemont Gold EBIT Historical Data

The historical data trend for Edgemont Gold'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.

Edgemont Gold EBIT Chart

Edgemont Gold Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Oct23

EBIT

-0.04

-0.09

-0.66

-0.54

-0.18

Edgemont Gold Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial															-0.06	-0.05	-0.03	-0.04	-0.03

Competitive Comparison of Edgemont Gold's EBIT

For the Gold subindustry, Edgemont Gold'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.

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

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

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

Edgemont Gold 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.14 Mil.

Edgemont Gold (XCNQ:EDGM) EBIT Explanation

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

Edgemont Gold's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

	ROC % (Q: Jan. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	-0.108 * ( 1 - 0% )	/	( (1.464	+	1.466)	/ 2 )
=	-0.108	/	1.465
=	-7.37 %

where

	Invested Capital		(Q: Oct. 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	))
=	2.372	-	0.019	-	( 0.903	-	max(0, 0.019	-	0.908	+	0.903	))
=	1.464

	Invested Capital		(Q: Jan. 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	))
=	2.346	-	0.013	-	( 0.876	-	max(0, 0.013	-	0.88	+	0.876	))
=	1.466

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

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

Edgemont Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Oct. 2023		Q: Jan. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.108	/	( ( (1.448 + max(-0.014, 0))	+	(1.45 + max(-0.009, 0)) )	/	2 )
=	-0.108	/	( ( 1.448	+	1.45 )	/	2 )
=	-0.108	/	1.449
=	-7.45 %

where Working Capital is:

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.001	+	0	+	0.004)	-	(0.019	+	0	+	0)
=	-0.014

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.001	+	0	+	0.003)	-	(0.013	+	0	+	0)
=	-0.009

When net working capital is negative, 0 is used.

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

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

Edgemont Gold's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	-0.141	/	0.064
	=	-220.31 %

Edgemont Gold EBIT Related Terms

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

Edgemont Gold (XCNQ:EDGM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Edgemont Gold Corp (XCNQ:EDGM) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

EG80:Germany

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.edgemontgold.com

Edgemont Gold Corp is engaged in the acquisition and exploration of mineral property assets. The company's projects include The Dungate copper-gold porphyry project and The mike property.

Edgemont Gold (XCNQ:EDGM) Headlines

No Headlines