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Scotch Creek Ventures (XCNQ:SCV) EBIT : C$-0.57 Mil (TTM As of Sep. 2024)


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What is Scotch Creek Ventures EBIT?

Scotch Creek Ventures's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$-0.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-0.57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Scotch Creek Ventures's annualized ROC % for the quarter that ended in Sep. 2024 was -6.09%. Scotch Creek Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -6.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Scotch Creek Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -83.58%.


Scotch Creek Ventures EBIT Historical Data

The historical data trend for Scotch Creek Ventures'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.

Scotch Creek Ventures EBIT Chart

Scotch Creek Ventures Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -0.16 -0.21 -2.05 -3.80 -1.01

Scotch Creek Ventures Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.21 -0.20 -0.13 -0.13 -0.12

Competitive Comparison of Scotch Creek Ventures's EBIT

For the Other Industrial Metals & Mining subindustry, Scotch Creek Ventures'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.


Scotch Creek Ventures's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Scotch Creek Ventures's EV-to-EBIT falls into.



Scotch Creek Ventures 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$-0.57 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.


Scotch Creek Ventures  (XCNQ:SCV) EBIT Explanation

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

Scotch Creek Ventures'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 )
=-0.46 * ( 1 - 0% )/( (8.989 + 6.124)/ 2 )
=-0.46/7.5565
=-6.09 %

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:

Scotch Creek Ventures'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 )
=-0.46/( ( (8.932 + max(-0.137, 0)) + (5.901 + max(-0.217, 0)) )/ 2 )
=-0.46/( ( 8.932 + 5.901 )/ 2 )
=-0.46/7.4165
=-6.20 %

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 + 0.004) - (0.141 + 0 + 0)
=-0.137

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 3.4694469519536E-18) - (0.217 + 0 + 0)
=-0.217

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:

Scotch Creek Ventures's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.57/0.682
=-83.58 %

* 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.


Scotch Creek Ventures EBIT Related Terms

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Scotch Creek Ventures Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 1140, Vancouver, BC, CAN, V6C 2T6
Scotch Creek Ventures Inc is a mineral exploration company, focused on the acquisition, exploration, and development of lithium projects located in tier-one North American mining jurisdictions. Its projects include Highlands West Project, Nevada, USA, Macallan East Project, Nevada, USA, and Cupz Project, Nevada, USA. Its segment is mining exploration and development which is carried out in USA and Canada with majority of the revenue from USA.
Executives
David K. Ryan 10% Security Holder, Director, Senior Officer
Robert David Marvin Director
Bernhard Joseph Hoing Director
Donald Archibald Director
Logan Bruce Anderson 10% Security Holder, Director, Senior Officer

Scotch Creek Ventures Headlines

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