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Neotech Metals (XCNQ:NTMC) EBIT : C$-7.47 Mil (TTM As of Sep. 2024)


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What is Neotech Metals EBIT?

Neotech Metals's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$-0.37 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-7.47 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Neotech Metals's annualized ROC % for the quarter that ended in Sep. 2024 was -38.08%. Neotech Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -42.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Neotech Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -128.67%.


Neotech Metals EBIT Historical Data

The historical data trend for Neotech 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.

Neotech Metals EBIT Chart

Neotech Metals Annual Data
Trend Jun22 Jun23 Jun24
EBIT
-0.07 -0.98 -7.26

Neotech Metals Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.15 -4.33 -1.64 -1.14 -0.37

Competitive Comparison of Neotech Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Neotech 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.


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

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

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



Neotech 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-7.47 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.


Neotech Metals  (XCNQ:NTMC) EBIT Explanation

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

Neotech Metals's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-1.46 * ( 1 - 0% )/( (3.246 + 4.422)/ 2 )
=-1.46/3.834
=-38.08 %

where

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

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

Neotech Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.46/( ( (2.841 + max(-0.73, 0)) + (4.08 + max(-0.841, 0)) )/ 2 )
=-1.46/( ( 2.841 + 4.08 )/ 2 )
=-1.46/3.4605
=-42.19 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.277) - (0.602 + 0 + 0.405)
=-0.73

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.442) - (0.94 + 0 + 0.343)
=-0.841

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-7.472/5.807
=-128.67 %

* 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.


Neotech Metals EBIT Related Terms

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Neotech Metals Business Description

Traded in Other Exchanges
Address
333 Terminal Avenue, Suite 220, Vancouver, BC, CAN, V6A 4C1
Neotech Metals Corp is an exploration company. It is focused on the exploration of the EBB Nickel-Cobalt property. The property comprises three contiguous mining claims covering approximately 2,199.74 hectares near Port Renfrew, BC. The Company has one operating segment, being the acquisition, exploration and evaluation of mineral resource properties in Canada.
Executives
Gurcharn Deol Director

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