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Avarone Metals (Avarone Metals) EV-to-EBIT : -26.31 (As of Apr. 26, 2024)


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What is Avarone Metals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Avarone Metals's Enterprise Value is $2.29 Mil. Avarone Metals's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.09 Mil. Therefore, Avarone Metals's EV-to-EBIT for today is -26.31.

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

AVRTF' s EV-to-EBIT Range Over the Past 10 Years
Min: -51.84   Med: 0   Max: 0
Current: -26.38

AVRTF's EV-to-EBIT is ranked worse than
100% of 579 companies
in the Metals & Mining industry
Industry Median: 12.66 vs AVRTF: -26.38

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Avarone Metals's Enterprise Value for the quarter that ended in Jan. 2024 was $2.14 Mil. Avarone Metals's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.09 Mil. Avarone Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -4.07%.


Avarone Metals EV-to-EBIT Historical Data

The historical data trend for Avarone Metals'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.

Avarone Metals EV-to-EBIT Chart

Avarone Metals Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.22 -15.93 -11.86 -14.76 -23.56

Avarone Metals 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 -28.03 -29.63 -23.56 -17.23 -14.85

Competitive Comparison of Avarone Metals's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Avarone Metals'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.


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

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

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



Avarone Metals EV-to-EBIT Calculation

Avarone Metals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2.289/-0.087
=-26.31

Avarone Metals's current Enterprise Value is $2.29 Mil.
Avarone Metals'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 $-0.09 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.


Avarone Metals  (OTCPK:AVRTF) 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) %.

Avarone Metals'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 )
=-0.087/2.139748646
=-4.07 %

Avarone Metals's Enterprise Value for the quarter that ended in Jan. 2024 was $2.14 Mil.
Avarone Metals'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 $-0.09 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.


Avarone Metals EV-to-EBIT Related Terms

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


Avarone Metals (Avarone Metals) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 610, Vancouver, BC, CAN, V6C 1G8
Avarone Metals Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of mineral properties. The company operates in one segment.

Avarone Metals (Avarone Metals) Headlines

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