ZBNIF (ZEB Nickel) EBIT: $-0.28 Mil (TTM As of Dec. 2025)

What is ZEB Nickel EBIT?

ZEB Nickel ZBNIF -30.00% EBIT is $-0.28 Mil as of Dec. 2025. The stock has 3 warning signs investors should review.

ZEB Nickel's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was $-0.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ZEB Nickel's annualized ROC % for the quarter that ended in Dec. 2025 was -15.60%. ZEB Nickel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ZEB Nickel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -9.40%.

ZEB Nickel (OTCPK:ZBNIF) EBIT Explanation

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

ZEB Nickel's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

	ROC % (Q: Dec. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2025 )	+	Invested Capital (Q: Dec. 2025 ))	/ count )
=	-0.148 * ( 1 - 0% )	/	( (0.952	+	0.946)	/ 2 )
=	-0.148	/	0.949
=	-15.60 %

where

	Invested Capital		(Q: Sep. 2025 )
=	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	))
=	0.016	-	0.711	-	( 0.004	-	max(0, 1.663	-	0.016	+	0.004	))
=	0.952

	Invested Capital		(Q: Dec. 2025 )
=	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	))
=	0.009	-	0.755	-	( 0.001	-	max(0, 1.701	-	0.009	+	0.001	))
=	0.946

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

ZEB Nickel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2025		Q: Dec. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.148	/	( ( (0 + max(-0.707, 0))	+	(0 + max(-0.755, 0)) )	/	2 )
=	-0.148	/	( ( 0	+	0 )	/	2 )
=	-0.148	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Sep. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.004)	-	(0.711	+	0	+	2.2204460492503E-16)
=	-0.707

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	-0.001)	-	(0.755	+	0	+	-0.00099999999999989)
=	-0.755

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	-0.28	/	2.978
	=	-9.40 %

* 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.

ZEB Nickel EBIT Related Terms

ZEB Nickel EBIT Historical Data

* Premium members only.

The historical data trend for ZEB Nickel's EBIT can be seen below:

ZEB Nickel EBIT Chart

ZEB Nickel Annual Data

Trend

Dec21

Dec22

Dec23

Mar25

EBIT

-0.75

-0.60

-0.67

-0.30

ZEB Nickel Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25
EBIT	Get a 7-Day Free Trial														-0.04	-0.17	-0.05	-0.03	-0.04

ZEB Nickel EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, ZEB 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.

ZEB Nickel EV-to-EBIT vs Metals & Mining Industry

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

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

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ZEB 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.28 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-0.28 Mil mean?

ZEB Nickel (ZBNIF) has a EBIT of $-0.28 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ZEB Nickel.

Is ZEB Nickel's EBIT too high?

ZEB Nickel's current EBIT is $-0.28 Mil.

How does ZEB Nickel's EBIT compare to competitors?

ZEB Nickel's EBIT of $-0.28 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Metals & Mining company?

A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ZEB Nickel. ZEB Nickel's current EBIT is $-0.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is ZEB Nickel stock overvalued right now?

ZEB Nickel (ZBNIF) has a current EBIT of $-0.28 Mil. The current EBIT is $-0.28 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For ZEB Nickel (ZBNIF), the current EBIT is $-0.28 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ZEB Nickel Business Description

Industry Basic Materials Metals & Mining

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Other Exchanges ZBNI:Canada

Address 4 King Street West, Suite 401, Toronto, ON, CAN, M5H 1B6

Website https://www.zebnickel.com

ZEB Nickel Corp is a mineral exploration company. It controls the rights to the Zebediela Nickel Project located in the Limpopo Province in the Republic of South Africa.