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Rain City Resources (XCNQ:RAIN) EBIT : C$-1.26 Mil (TTM As of Dec. 2024)


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What is Rain City Resources EBIT?

Rain City Resources's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$-0.51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$-1.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rain City Resources's annualized ROC % for the quarter that ended in Dec. 2024 was -133.16%. Rain City Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -340.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rain City Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -33.53%.


Rain City Resources EBIT Historical Data

The historical data trend for Rain City 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.

Rain City Resources EBIT Chart

Rain City Resources Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
EBIT
Get a 7-Day Free Trial -0.16 -0.31 -0.15 -0.08 -0.79

Rain City 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 -0.04 -0.05 -0.46 -0.24 -0.51

Competitive Comparison of Rain City Resources's EBIT

For the Specialty Industrial Machinery subindustry, Rain City 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.


Rain City Resources's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rain City Resources's EV-to-EBIT distribution charts can be found below:

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


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Rain City 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$-1.26 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.


Rain City Resources  (XCNQ:RAIN) EBIT Explanation

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

Rain City 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 )
=-2.044 * ( 1 - 0% )/( (1.415 + 1.655)/ 2 )
=-2.044/1.535
=-133.16 %

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:

Rain City 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 )
=-2.044/( ( (0.6 + max(-0.282, 0)) + (0.6 + max(-0.279, 0)) )/ 2 )
=-2.044/( ( 0.6 + 0.6 )/ 2 )
=-2.044/0.6
=-340.67 %

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)
=(0.004 + 0 + 0.003) - (0.289 + 0 + 0)
=-0.282

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.004 + 0 + 0.005) - (0.288 + 0 + 0)
=-0.279

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-1.257/3.749
=-33.53 %

* 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.


Rain City Resources EBIT Related Terms

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Rain City Resources Business Description

Traded in Other Exchanges
N/A
Address
142 - 757 West Hastings Street, Vancouver, BC, CAN, V6C 1A1
Rain City Resources Inc is an integrated lithium technology and project development company committed to solving the environmental, social, and economic issues associated with extracting lithium from brine. Its primary focus is on lithium production sourced from brines using proprietary Direct Lithium Extraction (DLE) processes. The company has purchased an interest in a patented technology, adapted to Direct Lithium Extraction (DLE) called ACCELi. In addition, it holds a 100% interest in the Bro Property, located in the Yukon region.
Executives
Mineral Road Discovery Inc 10% Security Holder
Damien Edward Reynolds 10% Security Holder
1459988 Bc Ltd 10% Security Holder
Emma Fairhurst 10% Security Holder
Crest Resources Inc. 10% Security Holder
Richard Ryan Penn 10% Security Holder, Director, Senior Officer
Roman Reuven Rubin 10% Security Holder, Director, Senior Officer