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Idaho Copper (Idaho Copper) EBIT : $-3.27 Mil (TTM As of Jan. 2024)


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What is Idaho Copper EBIT?

Idaho Copper's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-1.83 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-3.27 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Idaho Copper's annualized ROC % for the quarter that ended in Jan. 2024 was -2,481.40%. Idaho Copper's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Idaho Copper's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -4.96%.


Idaho Copper EBIT Historical Data

The historical data trend for Idaho Copper'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.

Idaho Copper EBIT Chart

Idaho Copper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jan23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.12 -0.22 -0.12 -0.08 -3.96

Idaho Copper Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Apr23 Jul23 Oct23 Jan24
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 -0.02 -0.47 -0.47 -0.51 -1.83

Competitive Comparison of Idaho Copper's EBIT

For the Copper subindustry, Idaho Copper'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.


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

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

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



Idaho Copper 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.27 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.


Idaho Copper  (OTCPK:COPR) EBIT Explanation

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

Idaho Copper's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-7.072 * ( 1 - 0% )/( (0.1 + 0.47)/ 2 )
=-7.072/0.285
=-2,481.40 %

where

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

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

Idaho Copper's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.3/( ( (0 + max(-0.79, 0)) + (0 + max(-1.898, 0)) )/ 2 )
=-7.3/( ( 0 + 0 )/ 2 )
=-7.3/0
= %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.024) - (0.814 + 0 + 0)
=-0.79

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.022) - (1.55 + 0 + 0.37)
=-1.898

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

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

Idaho Copper's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-3.266/65.782
=-4.96 %

* 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.


Idaho Copper EBIT Related Terms

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Idaho Copper (Idaho Copper) Business Description

Traded in Other Exchanges
N/A
Address
800 West Main Street, Suite 1460, Boise, ID, USA, 83702
Idaho Copper Corp is developing a world class copper project in the USA.
Executives
Gust Kepler director, 10 percent owner, officer: President & CEO 5430 LBJ FREEWAY, SUITE 1485, DALLAS TX 75240

Idaho Copper (Idaho Copper) Headlines