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Cobalt Blue Holdings (FRA:COH) EBIT : €-3.68 Mil (TTM As of Dec. 2023)


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What is Cobalt Blue Holdings EBIT?

Cobalt Blue Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-2.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-3.68 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cobalt Blue Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -11.85%. Cobalt Blue Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -11.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cobalt Blue Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -17.99%.


Cobalt Blue Holdings EBIT Historical Data

The historical data trend for Cobalt Blue Holdings'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.

Cobalt Blue Holdings EBIT Chart

Cobalt Blue Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial -1.76 -1.38 -1.76 -3.51 -3.40

Cobalt Blue Holdings Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.23 -2.22 -1.91 -1.55 -2.13

Competitive Comparison of Cobalt Blue Holdings's EBIT

For the Other Industrial Metals & Mining subindustry, Cobalt Blue Holdings'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.


Cobalt Blue Holdings's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cobalt Blue Holdings's EV-to-EBIT falls into.



Cobalt Blue Holdings 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 €-3.68 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.


Cobalt Blue Holdings  (FRA:COH) EBIT Explanation

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

Cobalt Blue Holdings'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 )
=-4.476 * ( 1 - 0% )/( (37.38 + 38.164)/ 2 )
=-4.476/37.772
=-11.85 %

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:

Cobalt Blue Holdings'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 )
=-4.252/( ( (35.18 + max(-4.052, 0)) + (36.52 + max(0.719, 0)) )/ 2 )
=-4.252/( ( 35.18 + 37.239 )/ 2 )
=-4.252/36.2095
=-11.74 %

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 + 0.177) - (2.674 + 1.205 + 0.35)
=-4.052

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.709 + 0 + 0.202) - (1.643 + 0 + 0.549)
=0.719

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:

Cobalt Blue Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-3.677/20.435
=-17.99 %

* 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.


Cobalt Blue Holdings EBIT Related Terms

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Cobalt Blue Holdings (FRA:COH) Business Description

Traded in Other Exchanges
Address
100 Miller Street, Suite 17.03, Level 17, North Sydney, Sydney, NSW, AUS, 2060
Cobalt Blue Holdings Ltd focuses upon the development and commercialisation of the Broken Hill Cobalt Deposit, Broken Hill, NSW. Its only operating segment being the exploration and evaluation of early-stage cobalt resources. The company's other project includes the Thackaringa Cobalt Project.

Cobalt Blue Holdings (FRA:COH) Headlines

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