GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Molten Metals Corp (XCNQ:MOLT) » Definitions » EBIT

Molten Metals (XCNQ:MOLT) EBIT : C$-0.32 Mil (TTM As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Molten Metals EBIT?

Molten Metals's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was C$-0.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was C$-0.32 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Molten Metals's annualized ROC % for the quarter that ended in Jun. 2024 was -56.75%. Molten Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -57.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Molten Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -86.45%.


Molten Metals EBIT Historical Data

The historical data trend for Molten 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.

Molten Metals EBIT Chart

Molten Metals Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-0.05 -0.48 -0.35

Molten Metals Quarterly Data
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 -0.05 -0.05 -0.13 -0.02 -0.12

Competitive Comparison of Molten Metals's EBIT

For the Gold subindustry, Molten 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.


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

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

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



Molten 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$-0.32 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.


Molten Metals  (XCNQ:MOLT) EBIT Explanation

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

Molten 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 )
=-0.5 * ( 1 - 0% )/( (1.045 + 0.717)/ 2 )
=-0.5/0.881
=-56.75 %

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:

Molten 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 )
=-0.464/( ( (0.923 + max(-0.042, 0)) + (0.699 + max(-0.096, 0)) )/ 2 )
=-0.464/( ( 0.923 + 0.699 )/ 2 )
=-0.464/0.811
=-57.21 %

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)
=(0.011 + 0 + 0.008) - (0.044 + 0 + 0.017)
=-0.042

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.006 + 0 + 0.006) - (0.09 + 0 + 0.018)
=-0.096

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:

Molten Metals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-0.319/0.369
=-86.45 %

* 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.


Molten Metals EBIT Related Terms

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


Molten Metals Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 600, Vancouver, BC, CAN, V6E 3V7
Molten Metals Corp is a mineral resource company engaged in the acquisition and exploration of mineral properties, with a focus on critical metal projects, particularly Antimony and Tin. The company's principal mineral project is the West Gore Antimony/Gold Property situated in Nova Scotia. It has two geographically reportable operating segments focused on the acquisition and exploration of mineral properties in Canada and Slovakia.
Executives
Rana Gurvinder Vig Director

Molten Metals Headlines

No Headlines