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Gold Hydrogen (ASX:GHY) EBIT : A$ Mil (TTM As of Jun. 2023)


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What is Gold Hydrogen EBIT?

Gold Hydrogen's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was A$-3.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gold Hydrogen's annualized ROC % for the quarter that ended in Jun. 2023 was -39.35%. Gold Hydrogen's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -56.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Gold Hydrogen EBIT Historical Data

The historical data trend for Gold Hydrogen'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.

Gold Hydrogen EBIT Chart

Gold Hydrogen Annual Data
Trend Jun22 Jun23
EBIT
- -3.26

Gold Hydrogen Semi-Annual Data
Jun22 Jun23
EBIT - -3.26

Competitive Comparison of Gold Hydrogen's EBIT

For the Oil & Gas E&P subindustry, Gold Hydrogen'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.

Gold Hydrogen's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gold Hydrogen's EV-to-EBIT distribution charts can be found below:

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


Gold Hydrogen 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was A$ 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.

Gold Hydrogen  (ASX:GHY) EBIT Explanation

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

Gold Hydrogen's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-2.277 * ( 1 - 0% )/( (4.367 + 7.205)/ 2 )
=-2.277/5.786
=-39.35 %

where

Invested Capital(Q: Jun. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=24.633 - 0.476 - ( 20.119 - max(0, 0.476 - 20.266+20.119))
=4.367

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=23.639 - 0.402 - ( 16.243 - max(0, 0.453 - 16.485+16.243))
=7.205

Note: The Operating Income data used here is one times the annual (Jun. 2023) data.

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

Gold Hydrogen's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.259/( ( (4.336 + max(-0.471, 0)) + (7.125 + max(-0.397, 0)) )/ 2 )
=-3.259/( ( 4.336 + 7.125 )/ 2 )
=-3.259/5.7305
=-56.87 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.004999999999999) - (0.476 + 0 + 0)
=-0.471

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.0050000000000026) - (0.402 + 0 + 0)
=-0.397

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jun. 2023) EBIT data.

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

Gold Hydrogen's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=/296.709
= %

* 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.

Gold Hydrogen EBIT Related Terms

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Gold Hydrogen (ASX:GHY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gold Hydrogen Ltd (ASX:GHY) » Definitions » EBIT
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Traded in Other Exchanges
GHYLF:USA
Address
110 Eagle Street, Suite 3, Level 14, Brisbane, QLD, AUS, 4000
Website
https://www.goldhydrogen.com.au
Gold Hydrogen Ltd engages in the exploration of a natural hydrogen prospective resource in Australia. It holds 100% interest in the Ramsay Project, a Gold Hydrogen exploration project in South Australia.