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Lithium Australia (ASX:LIT) EV-to-EBIT : -2.61 (As of Jun. 05, 2024)


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What is Lithium Australia EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Lithium Australia's Enterprise Value is A$26.93 Mil. Lithium Australia's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-10.32 Mil. Therefore, Lithium Australia's EV-to-EBIT for today is -2.61.

The historical rank and industry rank for Lithium Australia's EV-to-EBIT or its related term are showing as below:

ASX:LIT' s EV-to-EBIT Range Over the Past 10 Years
Min: -12.1   Med: -3.5   Max: -1.28
Current: -2.61

During the past 13 years, the highest EV-to-EBIT of Lithium Australia was -1.28. The lowest was -12.10. And the median was -3.50.

ASX:LIT's EV-to-EBIT is ranked worse than
100% of 565 companies
in the Metals & Mining industry
Industry Median: 12.85 vs ASX:LIT: -2.61

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Lithium Australia's Enterprise Value for the quarter that ended in Dec. 2023 was A$31.00 Mil. Lithium Australia's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-10.32 Mil. Lithium Australia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -33.30%.


Lithium Australia EV-to-EBIT Historical Data

The historical data trend for Lithium Australia's EV-to-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.

Lithium Australia EV-to-EBIT Chart

Lithium Australia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.97 -3.83 -4.07 -2.32 -3.41

Lithium Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-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 - -2.32 - -3.41 -

Competitive Comparison of Lithium Australia's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Lithium Australia'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.


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

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

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



Lithium Australia EV-to-EBIT Calculation

Lithium Australia's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=26.925/-10.323
=-2.61

Lithium Australia's current Enterprise Value is A$26.93 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Lithium Australia's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-10.32 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.


Lithium Australia  (ASX:LIT) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Lithium Australia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-10.323/31.0037
=-33.30 %

Lithium Australia's Enterprise Value for the quarter that ended in Dec. 2023 was A$31.00 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Lithium Australia's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-10.32 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.


Lithium Australia EV-to-EBIT Related Terms

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


Lithium Australia (ASX:LIT) Business Description

Traded in Other Exchanges
Address
677 Murray Street, Level 1, Perth, WA, AUS, 6005
Lithium Australia Ltd is engaged in the acquisition, mineral exploration, and process development, for the extraction and recovery of lithium. Its reportable segment includes Battery Recycling, Battery Materials, Chemicals, and Raw Materials. The majority of its revenue derives from the Battery Recycling segment which includes research and development of processing technology for mixed-battery recycling, as well as the sale of recovered energy metals.

Lithium Australia (ASX:LIT) Headlines

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