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Planet Green Metals (XCNQ:PGR) EBIT : C$-0.64 Mil (TTM As of Jul. 2024)


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What is Planet Green Metals EBIT?

Planet Green Metals's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2024 was C$-0.22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2024 was C$-0.64 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Planet Green Metals's annualized ROC % for the quarter that ended in Jul. 2024 was -3,559.18%. Planet Green Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Planet Green Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -21.78%.


Planet Green Metals EBIT Historical Data

The historical data trend for Planet Green 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.

Planet Green Metals EBIT Chart

Planet Green Metals Annual Data
Trend Oct22 Oct23
EBIT
-0.23 -0.56

Planet Green Metals Quarterly Data
Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 -0.14 -0.04 -0.25 -0.22

Competitive Comparison of Planet Green Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Planet Green 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.


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

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

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



Planet Green 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.64 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.


Planet Green Metals  (XCNQ:PGR) EBIT Explanation

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

Planet Green Metals's annualized ROC % for the quarter that ended in Jul. 2024 is calculated as:

ROC % (Q: Jul. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Jul. 2024 ))/ count )
=-0.872 * ( 1 - 0% )/( (0.049 + 0)/ 2 )
=-0.872/0.0245
=-3,559.18 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.872/( ( (0 + max(-0.012, 0)) + (0 + max(-0.085, 0)) )/ 2 )
=-0.872/( ( 0 + 0 )/ 2 )
=-0.872/0
= %

where Working Capital is:

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.067) - (0.079 + 0 + 0)
=-0.012

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.046) - (0.131 + 0 + 0)
=-0.085

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2024 )
=-0.642/2.948
=-21.78 %

* 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.


Planet Green Metals EBIT Related Terms

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Planet Green Metals Business Description

Traded in Other Exchanges
N/A
Address
203B Street, Suite 9285, Langley, BC, CAN, V1M 2L9
Website
Planet Green Metals Inc Formerly Forza Lithium Corp is engaged in the business of acquiring and exploring mineral resource properties.
Executives
Jeremy S Brett Director, Senior Officer
Sandy Mackintosh Archibald Director
Robert Turgeon Senior Officer
Nicholas Coltura Director