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Ashley Gold (XCNQ:ASHL) EV-to-EBIT : -4.63 (As of Jun. 23, 2024)


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What is Ashley Gold EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ashley Gold's Enterprise Value is C$2.35 Mil. Ashley Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.51 Mil. Therefore, Ashley Gold's EV-to-EBIT for today is -4.63.

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

XCNQ:ASHL' s EV-to-EBIT Range Over the Past 10 Years
Min: -83.41   Med: 0   Max: 0.01
Current: -4.63

During the past 4 years, the highest EV-to-EBIT of Ashley Gold was 0.01. The lowest was -83.41. And the median was 0.00.

XCNQ:ASHL's EV-to-EBIT is ranked worse than
100% of 571 companies
in the Metals & Mining industry
Industry Median: 12.52 vs XCNQ:ASHL: -4.63

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ashley Gold's Enterprise Value for the quarter that ended in Mar. 2024 was C$2.24 Mil. Ashley Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.51 Mil. Ashley Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -22.60%.


Ashley Gold EV-to-EBIT Historical Data

The historical data trend for Ashley 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.

Ashley Gold EV-to-EBIT Chart

Ashley Gold Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - -5.62 -3.25

Ashley Gold Quarterly Data
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 -3.14 -3.52 -4.53 -3.25 -4.42

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

For the Gold subindustry, Ashley 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.


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

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

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



Ashley Gold EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2.348/-0.507
=-4.63

Ashley Gold's current Enterprise Value is C$2.35 Mil.
Ashley Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.51 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.


Ashley Gold  (XCNQ:ASHL) 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) %.

Ashley Gold'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 )
=-0.507/2.243371
=-22.60 %

Ashley Gold's Enterprise Value for the quarter that ended in Mar. 2024 was C$2.24 Mil.
Ashley Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.51 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.


Ashley Gold EV-to-EBIT Related Terms

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


Ashley Gold (XCNQ:ASHL) Business Description

Traded in Other Exchanges
N/A
Address
707 - 7 Avenue SW, Suite 1150, Calgary, AB, CAN, T2P 3H6
Ashley Gold Corp is engaged in the acquisition and exploration of mineral properties in the natural resource sector with the long-term goal of divesting its investment assets at a profit. The company projects include Tabor Lake Mine, Howie Lake and Alto-Gardnar.
Executives
George Elliott Stephenson Director, Senior Officer

Ashley Gold (XCNQ:ASHL) Headlines

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