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Irving Resources (XCNQ:IRV) EV-to-EBIT : -10.22 (As of May. 01, 2024)


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What is Irving Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Irving Resources's Enterprise Value is C$22.82 Mil. Irving Resources's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was C$-2.23 Mil. Therefore, Irving Resources's EV-to-EBIT for today is -10.22.

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

XCNQ:IRV' s EV-to-EBIT Range Over the Past 10 Years
Min: -215.5   Med: 0   Max: 0
Current: -10.22

XCNQ:IRV's EV-to-EBIT is ranked worse than
100% of 574 companies
in the Metals & Mining industry
Industry Median: 12.825 vs XCNQ:IRV: -10.22

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Irving Resources's Enterprise Value for the quarter that ended in Nov. 2023 was C$25.40 Mil. Irving Resources's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was C$-2.23 Mil. Irving Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -8.79%.


Irving Resources EV-to-EBIT Historical Data

The historical data trend for Irving 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.

Irving Resources EV-to-EBIT Chart

Irving Resources Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
EV-to-EBIT
Get a 7-Day Free Trial -24.97 -48.46 -21.11 -21.06 -37.44

Irving Resources Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -29.55 -37.44 -39.54 -22.52 -11.38

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

For the Gold subindustry, Irving 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.


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

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

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



Irving Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=22.816/-2.232
=-10.22

Irving Resources's current Enterprise Value is C$22.82 Mil.
Irving Resources's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.23 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.


Irving Resources  (XCNQ:IRV) 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) %.

Irving Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Nov. 2023 ) =EBIT / Enterprise Value (Q: Nov. 2023 )
=-2.232/25.403758
=-8.79 %

Irving Resources's Enterprise Value for the quarter that ended in Nov. 2023 was C$25.40 Mil.
Irving Resources's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.23 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.


Irving Resources EV-to-EBIT Related Terms

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Irving Resources (XCNQ:IRV) Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 404, Vancouver, BC, CAN, V6C 3E2
Irving Resources Inc is a Canadian-based mineral exploration company with precious metal projects in Japan and joint venture interests with Japan Oil, Gas and Metals National Corporation (JOGMEC) in a rare earth element project in Africa and Canada. Its projects include Omu Project, Yamagano Project and Others.

Irving Resources (XCNQ:IRV) Headlines

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