Eagle Royalties (XCNQ:ER) EBIT : C$ Mil (TTM As of Dec. 2023)

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What is Eagle Royalties EBIT?

Eagle Royalties's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was C$-0.67 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eagle Royalties's annualized ROC % for the quarter that ended in Dec. 2023 was -4,813,447,281,733,585,920.00%. Eagle Royalties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Eagle Royalties EBIT Historical Data

The historical data trend for Eagle Royalties'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.

Eagle Royalties EBIT Chart

Eagle Royalties Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-0.27

-0.21

-0.67

Eagle Royalties Semi-Annual Data
	Dec21	Dec22	Dec23
EBIT	-0.27	-0.21	-0.67

Competitive Comparison of Eagle Royalties's EBIT

For the Other Precious Metals & Mining subindustry, Eagle Royalties'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.

Eagle Royalties's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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

Eagle Royalties 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$ Mil.

Eagle Royalties (XCNQ:ER) EBIT Explanation

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

Eagle Royalties's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-0.668 * ( 1 - 0% )	/	( (2.7755575615629E-17	+	0)	/ 2 )
=	-0.668	/	1.3877787807814E-17
=	-4,813,447,281,733,585,920.00 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	0.109	-	0.317	-	( 0.094	-	max(0, 0.317	-	0.109	+	0.094	))
=	2.7755575615629E-17

	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	))
=	2.172	-	0.587	-	( 2.131	-	max(0, 0.587	-	2.172	+	2.131	))
=	0

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

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

Eagle Royalties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.668	/	( ( (0 + max(-0.302, 0))	+	(0 + max(-0.546, 0)) )	/	2 )
=	-0.668	/	( ( 0	+	0 )	/	2 )
=	-0.668	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.006	+	0	+	0.009)	-	(0.317	+	0	+	0)
=	-0.302

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.005	+	0	+	0.036)	-	(0.587	+	0	+	0)
=	-0.546

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

Eagle Royalties's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=		/	2.275
	=	%

Eagle Royalties EBIT Related Terms

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Eagle Royalties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eagle Royalties Ltd (XCNQ:ER) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

ERYTF:USA

Address

44 – 12th Avenue South, Suite 200, Cranbrook, BC, CAN, V1C 2R7

Website

https://www.eagleroyalties.com

Eagle Royalties Ltd manages royalty assets. The firm holds royalty interests on over 40 mineral exploration projects in western Canada. These projects are being explored for commodities that include gold, silver, critical metals, uranium, rare-earth elements, diamonds, and industrial minerals.

Executives

Timothy Jay Termuende	Director, Senior Officer
Jesse Campbell	Director

Eagle Royalties Headlines

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