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Independence Gold (TSXV:IGO) EV-to-EBIT : -3.84 (As of May. 27, 2025)


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What is Independence Gold EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Independence Gold's Enterprise Value is C$20.85 Mil. Independence Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was C$-5.43 Mil. Therefore, Independence Gold's EV-to-EBIT for today is -3.84.

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

TSXV:IGO' s EV-to-EBIT Range Over the Past 10 Years
Min: -4.03   Med: 0   Max: 0
Current: -3.84

TSXV:IGO's EV-to-EBIT is ranked worse than
100% of 599 companies
in the Metals & Mining industry
Industry Median: 11.85 vs TSXV:IGO: -3.84

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Independence Gold's Enterprise Value for the quarter that ended in Dec. 2024 was C$31.31 Mil. Independence Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was C$-5.43 Mil. Independence Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -17.34%.


Independence Gold EV-to-EBIT Historical Data

The historical data trend for Independence Gold'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.

Independence Gold EV-to-EBIT Chart

Independence Gold Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.74 -1.00 -7.38 -9.98 -5.77

Independence Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -9.98 -11.03 -7.88 -7.65 -5.77

Competitive Comparison of Independence Gold's EV-to-EBIT

For the Gold subindustry, Independence Gold'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.


Independence Gold's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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


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Independence Gold EV-to-EBIT Calculation

Independence Gold's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=20.845/-5.431
=-3.84

Independence Gold's current Enterprise Value is C$20.85 Mil.
Independence Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.43 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.


Independence Gold  (TSXV:IGO) 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) %.

Independence Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2024 ) =EBIT / Enterprise Value (Q: Dec. 2024 )
=-5.431/31.313105
=-17.34 %

Independence Gold's Enterprise Value for the quarter that ended in Dec. 2024 was C$31.31 Mil.
Independence Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.43 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.


Independence Gold EV-to-EBIT Related Terms

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


Independence Gold Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6
Independence Gold Corp is a mineral exploration company. Its holdings range from early-stage grassroots exploration to further resource expansion in British Columbia and Yukon. Its BC properties include 3Ts Project; Merit Property; Nicoamen Property; Anita Property; and Yukon properties include Boulevard Project; Moosehorn Project. It has one segment which is the acquisition, exploration, and evaluation of mineral properties in North America.
Executives
Harry Chan Senior Officer

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