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Labrador Resources (TSXV:LTX) EV-to-EBIT : -53.63 (As of May. 03, 2024)


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What is Labrador Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Labrador Resources's Enterprise Value is C$1.29 Mil. Labrador Resources's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.02 Mil. Therefore, Labrador Resources's EV-to-EBIT for today is -53.63.

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

TSXV:LTX' s EV-to-EBIT Range Over the Past 10 Years
Min: -53.63   Med: -1.38   Max: -0.12
Current: -53.63

During the past 13 years, the highest EV-to-EBIT of Labrador Resources was -0.12. The lowest was -53.63. And the median was -1.38.

TSXV:LTX's EV-to-EBIT is ranked worse than
100% of 739 companies
in the Oil & Gas industry
Industry Median: 8.56 vs TSXV:LTX: -53.63

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Labrador Resources's Enterprise Value for the quarter that ended in Jan. 2024 was C$1.41 Mil. Labrador Resources's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.02 Mil. Labrador Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -1.70%.


Labrador Resources EV-to-EBIT Historical Data

The historical data trend for Labrador 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.

Labrador Resources EV-to-EBIT Chart

Labrador Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 26.75 -11.81 -6.15 -24.55

Labrador Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -7.35 -11.80 -9.24 -24.55 -58.76

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

For the Oil & Gas E&P subindustry, Labrador 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.


Labrador Resources's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Labrador Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1.287/-0.024
=-53.63

Labrador Resources's current Enterprise Value is C$1.29 Mil.
Labrador Resources's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.02 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.


Labrador Resources  (TSXV:LTX) 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) %.

Labrador Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jan. 2024 ) =EBIT / Enterprise Value (Q: Jan. 2024 )
=-0.024/1.410163
=-1.70 %

Labrador Resources's Enterprise Value for the quarter that ended in Jan. 2024 was C$1.41 Mil.
Labrador Resources's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.02 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.


Labrador Resources EV-to-EBIT Related Terms

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


Labrador Resources (TSXV:LTX) Business Description

Traded in Other Exchanges
N/A
Address
3400 - 350 7th Avenue SW, Calgary, AB, CAN, T2P 3N9
Labrador Resources Inc is engaged in the oil and gas business. The company's projects include Atlee Buffalo Property.

Labrador Resources (TSXV:LTX) Headlines

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