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Omega Pacific Resources (XCNQ:OMGA) EBIT : C$-0.22 Mil (TTM As of Apr. 2024)


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What is Omega Pacific Resources EBIT?

Omega Pacific Resources's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2024 was C$-0.17 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2024 was C$-0.22 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Omega Pacific Resources's annualized ROC % for the quarter that ended in Apr. 2024 was -39.64%. Omega Pacific Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was -39.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Omega Pacific Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was -4.94%.

Omega Pacific Resources EBIT Historical Data

The historical data trend for Omega Pacific 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.

Omega Pacific Resources EBIT Chart

Omega Pacific Resources Annual Data
Trend Oct22 Oct23
EBIT
- -0.15

Omega Pacific Resources Quarterly Data
Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
EBIT Get a 7-Day Free Trial -0.06 -0.02 -0.02 -0.02 -0.17

Competitive Comparison of Omega Pacific Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Omega Pacific 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.

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

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

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


Omega Pacific 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.22 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.

Omega Pacific Resources  (XCNQ:OMGA) EBIT Explanation

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

Omega Pacific Resources's annualized ROC % for the quarter that ended in Apr. 2024 is calculated as:

ROC % (Q: Apr. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2024 ) + Invested Capital (Q: Apr. 2024 ))/ count )
=-0.692 * ( 1 - 0% )/( (0.099 + 3.392)/ 2 )
=-0.692/1.7455
=-39.64 %

where

Invested Capital(Q: Jan. 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))
=0.422 - 0.011 - ( 0.321 - max(0, 0.011 - 0.323+0.321))
=0.099

Invested Capital(Q: Apr. 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))
=5.766 - 0.095 - ( 2.279 - max(0, 0.095 - 2.417+2.279))
=3.392

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

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

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

ROC (Joel Greenblatt) %(Q: Apr. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2024  Q: Apr. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.692/( ( (0.099 + max(-0.011, 0)) + (3.349 + max(0.03, 0)) )/ 2 )
=-0.692/( ( 0.099 + 3.379 )/ 2 )
=-0.692/1.739
=-39.79 %

where Working Capital is:

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

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.125) - (0.095 + 0 + 0)
=0.03

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2024 )
=-0.224/4.537
=-4.94 %

* 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.

Omega Pacific Resources EBIT Related Terms

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Omega Pacific Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Omega Pacific Resources Inc (XCNQ:OMGA) » Definitions » EBIT
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Traded in Other Exchanges
OMGPF:USA Q0F:Germany
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Website
https://www.omegapacific.ca
Omega Pacific Resources Inc is engaged in the business of mineral exploration in Canada. It mainly engages in the acquisition, exploration, and development of mineral exploration properties. It holds an interest in the Lekcin property located in the New Westminster Mining Division, British Columbia, Canada.
Executives
Jason Leikam Director