GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gossan Resources Ltd (TSXV:GSS) » Definitions » EV-to-EBIT

Gossan Resources (TSXV:GSS) EV-to-EBIT : -4.71 (As of May. 29, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Gossan Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Gossan Resources's Enterprise Value is C$2.68 Mil. Gossan Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.57 Mil. Therefore, Gossan Resources's EV-to-EBIT for today is -4.71.

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

TSXV:GSS' s EV-to-EBIT Range Over the Past 10 Years
Min: -30.8   Med: 0   Max: 0
Current: -4.71

TSXV:GSS's EV-to-EBIT is ranked worse than
100% of 568 companies
in the Metals & Mining industry
Industry Median: 13.345 vs TSXV:GSS: -4.71

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Gossan Resources's Enterprise Value for the quarter that ended in Dec. 2023 was C$1.68 Mil. Gossan Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.57 Mil. Gossan Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -33.91%.


Gossan Resources EV-to-EBIT Historical Data

The historical data trend for Gossan 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.

Gossan Resources EV-to-EBIT Chart

Gossan Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.80 -2.34 -9.63 -4.20 -2.24

Gossan Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -1.41 -2.24 -5.01 -4.11 -2.95

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

For the Other Industrial Metals & Mining subindustry, Gossan 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.


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

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

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



Gossan Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2.678/-0.568
=-4.71

Gossan Resources's current Enterprise Value is C$2.68 Mil.
Gossan Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.57 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.


Gossan Resources  (TSXV:GSS) 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) %.

Gossan Resources'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 )
=-0.568/1.675051
=-33.91 %

Gossan Resources's Enterprise Value for the quarter that ended in Dec. 2023 was C$1.68 Mil.
Gossan Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.57 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.


Gossan Resources EV-to-EBIT Related Terms

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


Gossan Resources (TSXV:GSS) Business Description

Traded in Other Exchanges
Address
171 Donald Street, Suite 404, Winnipeg, MB, CAN, R3C 1M4
Gossan Resources Ltd is engaged in the business of exploration and development of mineral resources in Newfoundland, Manitoba, and northwestern Ontario and processes in multiple Metals and Mining. The company's project portfolio includes the Sturgeon Lake Zinc Property, Inwood Magnesium Dolomite Property, Pipestone Project, Bird River Property, and Separation Rapids Specialty Minerals Project.
Executives
Douglas Reeson Director, Senior Officer