Gold Hunter Resources (XCNQ:HUNT) EBIT : C$-0.70 Mil (TTM As of Feb. 2024)

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What is Gold Hunter Resources EBIT?

Gold Hunter Resources's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was C$-0.19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was C$-0.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gold Hunter Resources's annualized ROC % for the quarter that ended in Feb. 2024 was -22.33%. Gold Hunter Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -23.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gold Hunter Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -13.86%.

Gold Hunter Resources EBIT Historical Data

The historical data trend for Gold Hunter 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.

Gold Hunter Resources EBIT Chart

Gold Hunter Resources Annual Data

Trend

Aug20

Aug21

Aug22

Aug23

EBIT

-0.11

-0.38

-0.53

-0.54

Gold Hunter Resources Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
EBIT	Get a 7-Day Free Trial												-0.11	-0.12	-0.21	-0.17	-0.19

Competitive Comparison of Gold Hunter Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Gold Hunter 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.

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

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

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

Gold Hunter 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.70 Mil.

Gold Hunter Resources (XCNQ:HUNT) EBIT Explanation

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

Gold Hunter Resources's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

	ROC % (Q: Feb. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Nov. 2023 )	+	Invested Capital (Q: Feb. 2024 ))	/ count )
=	-0.764 * ( 1 - 0% )	/	( (2.614	+	4.228)	/ 2 )
=	-0.764	/	3.421
=	-22.33 %

where

	Invested Capital		(Q: Nov. 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	))
=	2.76	-	0.064	-	( 0.082	-	max(0, 0.064	-	0.179	+	0.082	))
=	2.614

	Invested Capital		(Q: Feb. 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	))
=	4.34	-	0.239	-	( 0.02	-	max(0, 0.239	-	0.112	+	0.02	))
=	4.228

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

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

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

	ROC (Joel Greenblatt) %		(Q: Feb. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Nov. 2023		Q: Feb. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.764	/	( ( (2.451 + max(0.033, 0))	+	(4.093 + max(-0.147, 0)) )	/	2 )
=	-0.764	/	( ( 2.484	+	4.093 )	/	2 )
=	-0.764	/	3.2885
=	-23.23 %

where Working Capital is:

	Working Capital		(Q: Nov. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.007	+	0	+	0.09)	-	(0.064	+	0	+	0)
=	0.033

	Working Capital		(Q: Feb. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.007	+	0	+	0.085)	-	(0.239	+	0	+	0)
=	-0.147

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Feb. 2024 )
	=	-0.695	/	5.016
	=	-13.86 %

Gold Hunter Resources EBIT Related Terms

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Gold Hunter Resources (XCNQ:HUNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Hunter Resources Inc (XCNQ:HUNT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 – 8050 204th Street, Langley, BC, CAN, V2Y 0X1

Website

https://www.goldhunterresources.com

Gold Hunter Resources Inc is engaged in the business of acquiring and exploring mineral resource properties. The company focuses on the Cameron Lake East Project located in the Kenora Mining Division of northwestern Ontario, 75 km southeast of the town of Kenora.

Executives

Blair Lawrence Naughty

10% Security Holder

Gold Hunter Resources (XCNQ:HUNT) Headlines

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