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GoldON Resources (TSXV:GLD) EV-to-EBIT : -0.97 (As of May. 27, 2024)


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What is GoldON Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, GoldON Resources's Enterprise Value is C$5.05 Mil. GoldON Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-5.21 Mil. Therefore, GoldON Resources's EV-to-EBIT for today is -0.97.

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

TSXV:GLD' s EV-to-EBIT Range Over the Past 10 Years
Min: -22.79   Med: 0   Max: 0
Current: -0.97

TSXV:GLD's EV-to-EBIT is ranked worse than
100% of 567 companies
in the Metals & Mining industry
Industry Median: 13.17 vs TSXV:GLD: -0.97

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. GoldON Resources's Enterprise Value for the quarter that ended in Mar. 2024 was C$1.38 Mil. GoldON Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-5.21 Mil. GoldON Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -378.40%.


GoldON Resources EV-to-EBIT Historical Data

The historical data trend for GoldON Resources'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.

GoldON Resources EV-to-EBIT Chart

GoldON Resources 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 -33.82 -13.04 -12.54 -2.63 -0.36

GoldON Resources 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 -2.48 -0.36 -0.24 -0.22 -0.26

Competitive Comparison of GoldON Resources's EV-to-EBIT

For the Other Precious Metals & Mining subindustry, GoldON Resources'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.


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

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

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



GoldON Resources EV-to-EBIT Calculation

GoldON Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5.046/-5.207
=-0.97

GoldON Resources's current Enterprise Value is C$5.05 Mil.
GoldON Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.21 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.


GoldON Resources  (TSXV:GLD) 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) %.

GoldON Resources'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 )
=-5.207/1.37607
=-378.40 %

GoldON Resources's Enterprise Value for the quarter that ended in Mar. 2024 was C$1.38 Mil.
GoldON Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.21 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.


GoldON Resources EV-to-EBIT Related Terms

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


GoldON Resources (TSXV:GLD) Business Description

Traded in Other Exchanges
Address
179 - 2945 Jacklin Road, Suite 416, Victoria, BC, CAN, V9B 6J9
GoldON Resources Ltd is an mineral exploration company focused on discovery-stage properties located in the prolific gold mining belts of northwestern Ontario, Canada. The current project portfolio includes seven properties located in the Red Lake Mining District (McDonough, Springpole East, Red Lake North, Pipestone Bay, Pakwash North, McInnes Lake, and West Madsen) and an eighth property located in the Patricia Mining District (Slate Falls).
Executives
Joseph Jerome Smulders Director

GoldON Resources (TSXV:GLD) Headlines

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