Voltage Metals (XCNQ:VOLT) EBIT : C$-0.65 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Voltage Metals EBIT?

Voltage Metals's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-0.18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.65 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Voltage Metals's annualized ROC % for the quarter that ended in Mar. 2024 was -106.54%. Voltage Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Voltage Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -28.01%.

Voltage Metals EBIT Historical Data

The historical data trend for Voltage 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.

Voltage Metals EBIT Chart

Voltage Metals Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-0.07

-0.09

-0.41

-6.22

-0.59

Voltage Metals Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial														-0.13	-0.10	-0.17	-0.19	-0.18

Competitive Comparison of Voltage Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Voltage 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.

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

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

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

Voltage 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.65 Mil.

Voltage Metals (XCNQ:VOLT) EBIT Explanation

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

Voltage Metals's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-0.684 * ( 1 - 0% )	/	( (0.381	+	0.903)	/ 2 )
=	-0.684	/	0.642
=	-106.54 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	0.607	-	0.614	-	( 0.233	-	max(0, 0.995	-	0.607	+	0.233	))
=	0.381

	Invested Capital		(Q: Mar. 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	))
=	0.792	-	0.482	-	( 0.26	-	max(0, 1.385	-	0.792	+	0.26	))
=	0.903

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

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

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

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.732	/	( ( (0 + max(-0.586, 0))	+	(0 + max(-0.074, 0)) )	/	2 )
=	-0.732	/	( ( 0	+	0 )	/	2 )
=	-0.732	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.028)	-	(0.614	+	0	+	0)
=	-0.586

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.408)	-	(0.482	+	0	+	0)
=	-0.074

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-0.645	/	2.303
	=	-28.01 %

Voltage Metals EBIT Related Terms

Thank you for viewing the detailed overview of Voltage Metals's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Voltage Metals (XCNQ:VOLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Voltage Metals Corp (XCNQ:VOLT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

VLTMF:USA 8L10:Germany

Address

5000 Yonge Street, Suite 1901, Toronto, ON, CAN, M2N 7E9

Website

https://www.voltagemetals.com

Voltage Metals Corp is an exploration company focused on advancing battery metals projects. It is a producer of nickel, copper, cobalt and PGE's. The principal business carried on by the company include the acquisition, exploration and development of its St. Laurent project, Wheeler project, Skyfire project, etc.