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Quebec Nickel (XCNQ:QNI) EBIT : C$-0.72 Mil (TTM As of Sep. 2024)


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What is Quebec Nickel EBIT?

Quebec Nickel's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$-0.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-0.72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Quebec Nickel's annualized ROC % for the quarter that ended in Sep. 2024 was -4.11%. Quebec Nickel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -4.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Quebec Nickel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -151.15%.


Quebec Nickel EBIT Historical Data

The historical data trend for Quebec Nickel'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.

Quebec Nickel EBIT Chart

Quebec Nickel Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
- -1.64 -1.27 -1.13

Quebec Nickel Quarterly Data
Mar21 Jun21 Sep21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.46 -0.17 -0.24 -0.17 -0.14

Competitive Comparison of Quebec Nickel's EBIT

For the Other Industrial Metals & Mining subindustry, Quebec Nickel'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.


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

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

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



Quebec Nickel 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$-0.72 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.


Quebec Nickel  (XCNQ:QNI) EBIT Explanation

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

Quebec Nickel'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 )
=-0.576 * ( 1 - 0% )/( (13.981 + 14.07)/ 2 )
=-0.576/14.0255
=-4.11 %

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:

Quebec Nickel'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 )
=-0.576/( ( (13.945 + max(-0.1, 0)) + (13.968 + max(-0.031, 0)) )/ 2 )
=-0.576/( ( 13.945 + 13.968 )/ 2 )
=-0.576/13.9565
=-4.13 %

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 + 0.056) - (0.156 + 0 + 0)
=-0.1

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.054) - (0.085 + 0 + 0)
=-0.031

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:

Quebec Nickel's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.721/0.477
=-151.15 %

* 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.


Quebec Nickel EBIT Related Terms

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Quebec Nickel Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Quebec Nickel Corp is engaged in the acquisition and exploration of mineral property assets. The company is involved in a single project namely the Ducros project.
Executives
David Patterson Senior Officer
Ming Jang Senior Officer
Hani John Zabaneh Director

Quebec Nickel Headlines

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