Gold Mountain Mining (Gold Mountain Mining) EBIT : $-4.06 Mil (TTM As of Jan. 2024)

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What is Gold Mountain Mining EBIT?

Gold Mountain Mining's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-1.82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-4.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gold Mountain Mining's annualized ROC % for the quarter that ended in Jan. 2024 was -21.41%. Gold Mountain Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -21.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gold Mountain Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -19.27%.

Gold Mountain Mining EBIT Historical Data

The historical data trend for Gold Mountain Mining'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 Mountain Mining EBIT Chart

Gold Mountain Mining Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

EBIT

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-0.33

-5.17

-9.09

-3.15

-4.09

Gold Mountain Mining Quarterly Data
	Jan19	Jan20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial										0.12	0.82	-0.70	-2.36	-1.82

Competitive Comparison of Gold Mountain Mining's EBIT

For the Gold subindustry, Gold Mountain Mining'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 Mountain Mining's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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

Gold Mountain Mining 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 $-4.06 Mil.

Gold Mountain Mining (OTCPK:GMTNF) EBIT Explanation

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

Gold Mountain Mining'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 )
=	-7.864 * ( 1 - 0% )	/	( (34.913	+	38.548)	/ 2 )
=	-7.864	/	36.7305
=	-21.41 %

where

	Invested Capital		(Q: Oct. 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	))
=	35.267	-	4.998	-	( 0.053	-	max(0, 5.618	-	0.974	+	0.053	))
=	34.913

	Invested Capital		(Q: Jan. 2024 )
=	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	))
=	37.509	-	8.163	-	( 0.053	-	max(0, 9.571	-	0.369	+	0.053	))
=	38.548

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

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

Gold Mountain Mining'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 )
=	-7.28	/	( ( (33.322 + max(-4.924, 0))	+	(36.022 + max(-8.408, 0)) )	/	2 )
=	-7.28	/	( ( 33.322	+	36.022 )	/	2 )
=	-7.28	/	34.672
=	-21.00 %

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)
=	(0.204	+	0.232	+	0.073)	-	(4.998	+	0	+	0.435)
=	-4.924

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.057	+	0.11	+	0.061)	-	(8.163	+	0	+	0.473)
=	-8.408

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	-4.058	/	21.061
	=	-19.27 %

Gold Mountain Mining EBIT Related Terms

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Gold Mountain Mining (Gold Mountain Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Mountain Mining Corp (OTCPK:GMTNF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

5XFA:Germany GMTN:Canada

Address

1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1

Website

https://www.gold-mountain.ca

Gold Mountain Mining Corp is a gold and silver exploration and development company. It focuses on the expansion of the resource at the Elk Gold Project, a past-producing mine located 57 km from Merritt in South Central British Columbia. It operates in a single segment, being the production of crushed ore and mineral exploration and development of resources.