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MegaWatt Lithium and Battery Metals (XCNQ:MEGA) EBIT : C$-0.99 Mil (TTM As of Jun. 2024)


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What is MegaWatt Lithium and Battery Metals EBIT?

MegaWatt Lithium and Battery Metals's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was C$-0.43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was C$-0.99 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MegaWatt Lithium and Battery Metals's annualized ROC % for the quarter that ended in Jun. 2024 was -56.57%. MegaWatt Lithium and Battery Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -59.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MegaWatt Lithium and Battery Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -270.03%.


MegaWatt Lithium and Battery Metals EBIT Historical Data

The historical data trend for MegaWatt Lithium and Battery Metals'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.

MegaWatt Lithium and Battery Metals EBIT Chart

MegaWatt Lithium and Battery Metals Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial -0.13 -0.67 -19.27 -14.65 -

MegaWatt Lithium and Battery Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.10 - -0.11 -0.45 -0.43

Competitive Comparison of MegaWatt Lithium and Battery Metals's EBIT

For the Other Industrial Metals & Mining subindustry, MegaWatt Lithium and Battery Metals'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.


MegaWatt Lithium and Battery Metals's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where MegaWatt Lithium and Battery Metals's EV-to-EBIT falls into.



MegaWatt Lithium and Battery Metals 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.99 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.


MegaWatt Lithium and Battery Metals  (XCNQ:MEGA) EBIT Explanation

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

MegaWatt Lithium and Battery Metals's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-1.732 * ( 1 - 0% )/( (1.658 + 4.465)/ 2 )
=-1.732/3.0615
=-56.57 %

where

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

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

MegaWatt Lithium and Battery Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.732/( ( (1.523 + max(-0.441, 0)) + (4.327 + max(-0.34, 0)) )/ 2 )
=-1.732/( ( 1.523 + 4.327 )/ 2 )
=-1.732/2.925
=-59.21 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.127) - (0.511 + 0 + 0.057)
=-0.441

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.066) - (0.349 + 0 + 0.057)
=-0.34

When net working capital is negative, 0 is used.

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

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

MegaWatt Lithium and Battery Metals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-0.991/0.367
=-270.03 %

* 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.


MegaWatt Lithium and Battery Metals EBIT Related Terms

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MegaWatt Lithium and Battery Metals Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
MegaWatt Lithium and Battery Metals Corp is involved in the acquisition and exploration of mineral properties in Canada. It holds an interest in the Cobalt Hill property located in the Trail Creek Mining Division in the Province of British Columbia, Canada.
Executives
Australian Silver Mines Pty Ltd. 10% Security Holder

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