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District Mines (TSXV:DIG.H) EV-to-EBIT : -2.56 (As of Jun. 20, 2024)


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What is District Mines EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, District Mines's Enterprise Value is C$0.95 Mil. District Mines's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.37 Mil. Therefore, District Mines's EV-to-EBIT for today is -2.56.

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

TSXV:DIG.H' s EV-to-EBIT Range Over the Past 10 Years
Min: -83   Med: -1.92   Max: 0.28
Current: -2.56

During the past 13 years, the highest EV-to-EBIT of District Mines was 0.28. The lowest was -83.00. And the median was -1.92.

TSXV:DIG.H's EV-to-EBIT is ranked worse than
100% of 744 companies
in the Oil & Gas industry
Industry Median: 9.02 vs TSXV:DIG.H: -2.56

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. District Mines's Enterprise Value for the quarter that ended in Mar. 2024 was C$0.91 Mil. District Mines's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.37 Mil. District Mines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -40.69%.


District Mines EV-to-EBIT Historical Data

The historical data trend for District Mines'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.

District Mines EV-to-EBIT Chart

District Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.14 -2.05 -2.16 -1.90 -1.63

District Mines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.85 -1.86 -2.32 -1.63 -2.46

Competitive Comparison of District Mines's EV-to-EBIT

For the Oil & Gas E&P subindustry, District Mines'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.


District Mines's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, District Mines's EV-to-EBIT distribution charts can be found below:

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



District Mines EV-to-EBIT Calculation

District Mines's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=0.949/-0.371
=-2.56

District Mines's current Enterprise Value is C$0.95 Mil.
District Mines's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.37 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.


District Mines  (TSXV:DIG.H) 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) %.

District Mines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-0.371/0.9116825
=-40.69 %

District Mines's Enterprise Value for the quarter that ended in Mar. 2024 was C$0.91 Mil.
District Mines's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.37 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.


District Mines EV-to-EBIT Related Terms

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


District Mines (TSXV:DIG.H) Business Description

Traded in Other Exchanges
N/A
Address
1030 West Georgia, Suite 1507, Vancouver, BC, CAN, V6E 2Y3
District Mines Ltd explores and develops petroleum and natural gas reserves in Western Canada. It generates revenue from oil and gas.

District Mines (TSXV:DIG.H) Headlines

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