Krakatoa Resources (ASX:KTA) EBIT : A$-3.53 Mil (TTM As of Dec. 2023)

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What is Krakatoa Resources EBIT?

Krakatoa Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-2.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Krakatoa Resources's annualized ROC % for the quarter that ended in Dec. 2023 was -843.72%. Krakatoa Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,025.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Krakatoa Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -72.98%.

Krakatoa Resources EBIT Historical Data

The historical data trend for Krakatoa 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.

Krakatoa Resources EBIT Chart

Krakatoa Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

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-0.74

-2.67

-3.73

-4.37

-3.48

Krakatoa Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-2.11	-2.26	-2.03	-1.45	-2.08

Competitive Comparison of Krakatoa Resources's EBIT

For the Gold subindustry, Krakatoa 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.

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

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

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

Krakatoa 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$-3.53 Mil.

Krakatoa Resources (ASX:KTA) EBIT Explanation

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

Krakatoa 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 )
=	-4.168 * ( 1 - 0% )	/	( (0.438	+	0.55)	/ 2 )
=	-4.168	/	0.494
=	-843.72 %

where

	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	))
=	1.387	-	0.384	-	( 0.952	-	max(0, 0.461	-	1.026	+	0.952	))
=	0.438

	Invested Capital		(Q: Dec. 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	))
=	3.09	-	0.23	-	( 2.31	-	max(0, 0.317	-	2.841	+	2.31	))
=	0.55

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:

Krakatoa 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 )
=	-4.168	/	( ( (0.293 + max(-0.379, 0))	+	(0.248 + max(0.272, 0)) )	/	2 )
=	-4.168	/	( ( 0.293	+	0.52 )	/	2 )
=	-4.168	/	0.4065
=	-1,025.34 %

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	+	0.026)	-	(0.384	+	0	+	0.021)
=	-0.379

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.531	+	0	+	0)	-	(0.23	+	0	+	0.029)
=	0.272

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-3.532	/	4.840
	=	-72.98 %

Krakatoa Resources EBIT Related Terms

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Krakatoa Resources (ASX:KTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Krakatoa Resources Ltd (ASX:KTA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 St Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000

Website

https://www.ktaresources.com

Krakatoa Resources Ltd is engaged in the acquisition and exploration of resource-based projects. The company currently holds an interest in Belgravia Project; Turon Gold Project; King Tamba; Rand Gold Project, Mac Well Project, and Mt Clere Project.