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AuMega Metals (TSXV:AUM) EBIT : C$-6.38 Mil (TTM As of Jun. 2024)


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What is AuMega Metals EBIT?

AuMega Metals's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was C$-1.88 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was C$-6.38 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AuMega Metals's annualized ROC % for the quarter that ended in Jun. 2024 was -13.03%. AuMega Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -8.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AuMega Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -33.54%.


AuMega Metals EBIT Historical Data

The historical data trend for AuMega Metals's 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.

AuMega Metals EBIT Chart

AuMega Metals Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Dec23
EBIT
Get a 7-Day Free Trial -3.11 -2.35 -4.40 -4.24 -6.35

AuMega Metals Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -1.43 -1.59 -1.85 -4.50 -1.88

Competitive Comparison of AuMega Metals's EBIT

For the Gold subindustry, AuMega 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.


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

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

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



AuMega Metals EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$-6.38 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.


AuMega Metals  (TSXV:AUM) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

AuMega Metals's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-3.764 * ( 1 - -56.94% )/( (43.95 + 46.697)/ 2 )
=-5.9072216/45.3235
=-13.03 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

AuMega Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.764/( ( (43.837 + max(-1.147, 0)) + (46.559 + max(-1.033, 0)) )/ 2 )
=-3.764/( ( 43.837 + 46.559 )/ 2 )
=-3.764/45.198
=-8.33 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.54) - (1.598 + 0 + 0.089)
=-1.147

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.539 + 0 + 0.53) - (1.999 + 0 + 0.103)
=-1.033

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

AuMega Metals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-6.381/19.026
=-33.54 %

* 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.


AuMega Metals EBIT Related Terms

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AuMega Metals Business Description

Comparable Companies
Traded in Other Exchanges
Address
24 Hasler Road, Osborne Road, Perth, WA, AUS, 6017
AuMega Metals Ltd is a mineral exploration company focused on making mineral discoveries in the vastly underexplored Newfoundland, Canada. It is well positioned with a district-scale land package comprising 120-kilometres of continuous strike along the under-explored, multi-million-ounce Cape Ray Shear Zone, a prolific gold structure in Newfoundland that currently hosts mineral deposits.

AuMega Metals Headlines

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