GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Meryllion Resources Corp (XCNQ:MYR) » Definitions » EBIT

Meryllion Resources (XCNQ:MYR) EBIT : C$-0.32 Mil (TTM As of Dec. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Meryllion Resources EBIT?

Meryllion Resources's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$-0.07 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$-0.32 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Meryllion Resources's annualized ROC % for the quarter that ended in Dec. 2024 was -75.00%. Meryllion Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -95.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Meryllion Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -65.65%.


Meryllion Resources EBIT Historical Data

The historical data trend for Meryllion 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.

Meryllion Resources EBIT Chart

Meryllion Resources Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 -0.54 -0.39 -0.28 -0.35

Meryllion Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.09 -0.12 -0.07 -0.07 -0.07

Competitive Comparison of Meryllion Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Meryllion 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.


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

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

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



Meryllion 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 Dec. 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.


Meryllion Resources  (XCNQ:MYR) EBIT Explanation

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

Meryllion Resources's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-0.264 * ( 1 - 0% )/( (0.352 + 0.352)/ 2 )
=-0.264/0.352
=-75.00 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.264/( ( (0.277 + max(-0.173, 0)) + (0.277 + max(-0.226, 0)) )/ 2 )
=-0.264/( ( 0.277 + 0.277 )/ 2 )
=-0.264/0.277
=-95.31 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.023 + 0 + 0.011) - (0.207 + 0 + 0)
=-0.173

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.027 + 0 + 0) - (0.253 + 0 + 0)
=-0.226

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-0.323/0.492
=-65.65 %

* 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.


Meryllion Resources EBIT Related Terms

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


Meryllion Resources Business Description

Traded in Other Exchanges
N/A
Address
885 West Georgia Street, Suite 800, Vancouver, BC, CAN, V6C 3H1
Meryllion Resources Corp is a Canada-based natural resource company. It engaged in the acquisition and exploration of resource properties. Its project is Tasmania Rare Earth.
Executives
David Steinepreis 10% Security Holder, Director
Benjamin Gelfand Director
Alan Grant Director

Meryllion Resources Headlines

No Headlines