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CGA Mining Limited (ASX:CGX) EBIT : A$53.1 Mil (TTM As of Sep. 2012)


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What is CGA Mining Limited EBIT?

CGA Mining Limited's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2012 was A$12.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2012 was A$53.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CGA Mining Limited's annualized ROC % for the quarter that ended in Sep. 2012 was 12.18%. CGA Mining Limited's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2012 was 26.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CGA Mining Limited's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2012 was 5.78%.


CGA Mining Limited EBIT Historical Data

The historical data trend for CGA Mining Limited'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.

CGA Mining Limited EBIT Chart

CGA Mining Limited Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.33 -13.54 37.30 66.34 31.85

CGA Mining Limited Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 -7.50 7.86 17.16 15.88 12.21

Competitive Comparison of CGA Mining Limited's EBIT

For the Gold subindustry, CGA Mining Limited'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.


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

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

* The bar in red indicates where CGA Mining Limited's EV-to-EBIT falls into.



CGA Mining Limited 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 Sep. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was A$53.1 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.


CGA Mining Limited  (ASX:CGX) EBIT Explanation

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

CGA Mining Limited's annualized ROC % for the quarter that ended in Sep. 2012 is calculated as:

ROC % (Q: Sep. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2012 ) + Invested Capital (Q: Sep. 2012 ))/ count )
=48.84 * ( 1 - 0% )/( (408.454 + 393.415)/ 2 )
=48.84/400.9345
=12.18 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2012) data.

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

CGA Mining Limited's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2012 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2012 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2012  Q: Sep. 2012
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=48.84/( ( (192.035 + max(-24.47, 0)) + (182.024 + max(-27.007, 0)) )/ 2 )
=48.84/( ( 192.035 + 182.024 )/ 2 )
=48.84/187.0295
=26.11 %

where Working Capital is:

Working Capital(Q: Jun. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 25.791 + 6.006) - (13.165 + 0 + 43.102)
=-24.47

Working Capital(Q: Sep. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 28.723 + 6.064) - (16.125 + 0 + 45.669)
=-27.007

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2012) EBIT data.

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

CGA Mining Limited's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2012 )
=53.105/919.067
=5.78 %

* 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.


CGA Mining Limited EBIT Related Terms

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CGA Mining Limited (ASX:CGX) Business Description

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