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Caspin Resources (ASX:CPN) EBIT : A$-7.49 Mil (TTM As of Dec. 2023)


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What is Caspin Resources EBIT?

Caspin Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-1.79 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-7.49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Caspin Resources's annualized ROC % for the quarter that ended in Dec. 2023 was -1,280.78%. Caspin Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2,717.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Caspin Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -145.38%.


Caspin Resources EBIT Historical Data

The historical data trend for Caspin Resources'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.

Caspin Resources EBIT Chart

Caspin Resources Annual Data
Trend Jun21 Jun22 Jun23
EBIT
-2.14 -6.43 -11.19

Caspin Resources Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial -0.70 -5.72 -5.48 -5.71 -1.79

Competitive Comparison of Caspin Resources's EBIT

For the Other Industrial Metals & Mining subindustry, Caspin 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.


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

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

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



Caspin Resources 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-7.49 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.


Caspin Resources  (ASX:CPN) EBIT Explanation

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

Caspin Resources's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-3.932 * ( 1 - 0% )/( (0.329 + 0.285)/ 2 )
=-3.932/0.307
=-1,280.78 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Caspin Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.574/( ( (0.153 + max(-1.135, 0)) + (0.11 + max(-0.061, 0)) )/ 2 )
=-3.574/( ( 0.153 + 0.11 )/ 2 )
=-3.574/0.1315
=-2,717.87 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (1.032 + 0 + 0.103)
=-1.135

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.256 + 0 + -4.4408920985006E-16) - (0.222 + 0 + 0.095)
=-0.061

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Caspin Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-7.493/5.154
=-145.38 %

* 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.


Caspin Resources EBIT Related Terms

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Caspin Resources (ASX:CPN) Business Description

Traded in Other Exchanges
N/A
Address
675 Murray Street, Ground Floor, West Perth, Perth, WA, AUS, 6005
Caspin Resources Ltd is a mining company engaged in mineral exploration and assessment of mineral projects. The company operates geographically in Australia. Its projects include Mount Squires Gold Project; and Yarawindah Brook Project which is focused on nickel, copper, cobalt, and gold mining.

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