Red Canyon Resources (XCNQ:REDC) EV-to-EBIT : -18.85 (As of May. 15, 2024)

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What is Red Canyon Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Red Canyon Resources's Enterprise Value is C$7.77 Mil. Red Canyon Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.41 Mil. Therefore, Red Canyon Resources's EV-to-EBIT for today is -18.85.

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

XCNQ:REDC' s EV-to-EBIT Range Over the Past 10 Years
Min: -23.39 Med: 0 Max: 0
Current: -18.84

XCNQ:REDC's EV-to-EBIT is ranked worse than
100% of 578 companies
in the Metals & Mining industry
Industry Median: 12.95 vs XCNQ:REDC: -18.84

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Red Canyon Resources's Enterprise Value for the quarter that ended in Dec. 2023 was C$9.51 Mil. Red Canyon Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.41 Mil. Red Canyon Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.33%.

Red Canyon Resources EV-to-EBIT Historical Data

The historical data trend for Red Canyon 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.

Red Canyon Resources EV-to-EBIT Chart

Red Canyon Resources Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

-19.90

Red Canyon Resources Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial			-	-	-	-	-19.90

Competitive Comparison of Red Canyon Resources's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Red Canyon 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.

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

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

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

Red Canyon Resources EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	7.766	/	-0.412
	=	-18.85

Red Canyon Resources's current Enterprise Value is C$7.77 Mil.
Red Canyon Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.41 Mil.

Red Canyon Resources (XCNQ:REDC) 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) %.

Red Canyon 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 )
	=	-0.412	/	9.51225
	=	-4.33 %

Red Canyon Resources's Enterprise Value for the quarter that ended in Dec. 2023 was C$9.51 Mil.
Red Canyon Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.41 Mil.

Red Canyon Resources EV-to-EBIT Related Terms

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Red Canyon Resources (XCNQ:REDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Red Canyon Resources Ltd (XCNQ:REDC) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1130 West Pender Street, Suite 1210, Vancouver, BC, CAN, V6E 4A4

Website

https://www.redcanyonresources.com

Red Canyon Resources Ltd is a mineral resource company principally engaged in the acquisition and exploration of mineral resource properties. Its objective is to locate and develop copper and associated precious metals, focusing initially on the exploration and development of its principal project, the Peak Property, located in British Columbia, Canada.

Red Canyon Resources (XCNQ:REDC) Headlines

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