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Sorrento Resources (XCNQ:SRS) EV-to-EBIT : -6.07 (As of May. 21, 2024)


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What is Sorrento Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Sorrento Resources's Enterprise Value is C$4.63 Mil. Sorrento Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.76 Mil. Therefore, Sorrento Resources's EV-to-EBIT for today is -6.07.

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

XCNQ:SRS' s EV-to-EBIT Range Over the Past 10 Years
Min: -88.58   Med: 0   Max: 0
Current: -6.07

XCNQ:SRS's EV-to-EBIT is ranked worse than
100% of 568 companies
in the Metals & Mining industry
Industry Median: 13.575 vs XCNQ:SRS: -6.07

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Sorrento Resources's Enterprise Value for the quarter that ended in Dec. 2023 was C$3.20 Mil. Sorrento Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.76 Mil. Sorrento Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -23.81%.


Sorrento Resources EV-to-EBIT Historical Data

The historical data trend for Sorrento 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.

Sorrento Resources EV-to-EBIT Chart

Sorrento Resources Annual Data
Trend Jun22 Jun23
EV-to-EBIT
- -9.37

Sorrento Resources Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only - -16.63 -9.37 -4.11 -4.20

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

For the Other Industrial Metals & Mining subindustry, Sorrento 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.


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

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

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



Sorrento Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4.631/-0.763
=-6.07

Sorrento Resources's current Enterprise Value is C$4.63 Mil.
Sorrento Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.76 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.


Sorrento Resources  (XCNQ:SRS) 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) %.

Sorrento 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 )
=-0.763/3.204462
=-23.81 %

Sorrento Resources's Enterprise Value for the quarter that ended in Dec. 2023 was C$3.20 Mil.
Sorrento Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.76 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.


Sorrento Resources EV-to-EBIT Related Terms

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Sorrento Resources (XCNQ:SRS) Business Description

Traded in Other Exchanges
Address
9285 - 203B Street, Langley, BC, CAN, V1M 2L9
Sorrento Resources Ltd engages in the exploration, development, and exploitation of mineral resources in Canada. Its projects include Wing Pond project, Harmsworth project, PEG lithium project, Silver Mountain project and others.
Executives
Blair Lawrence Naughty 10% Security Holder

Sorrento Resources (XCNQ:SRS) Headlines