Lithium Exploration Group (Lithium Exploration Group) EBIT : $0.41 Mil (TTM As of Mar. 2018)

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What is Lithium Exploration Group EBIT?

Lithium Exploration Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2018 was $0.37 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2018 was $0.41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lithium Exploration Group's annualized ROC % for the quarter that ended in Mar. 2018 was -9.10%. Lithium Exploration Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lithium Exploration Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was 205.50%.

Lithium Exploration Group EBIT Historical Data

The historical data trend for Lithium Exploration Group'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.

Lithium Exploration Group EBIT Chart

Lithium Exploration Group Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

EBIT

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-1.25

-2.07

-0.93

0.04

-2.14

Lithium Exploration Group Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
EBIT	Get a 7-Day Free Trial															-1.08	1.35	0.03	-1.34	0.37

Competitive Comparison of Lithium Exploration Group's EBIT

For the Other Industrial Metals & Mining subindustry, Lithium Exploration Group'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.

Lithium Exploration Group's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lithium Exploration Group's EV-to-EBIT falls into.

Lithium Exploration Group 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 Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.41 Mil.

Lithium Exploration Group (GREY:LEXG) EBIT Explanation

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

Lithium Exploration Group's annualized ROC % for the quarter that ended in Mar. 2018 is calculated as:

	ROC % (Q: Mar. 2018 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2017 )	+	Invested Capital (Q: Mar. 2018 ))	/ count )
=	-0.616 * ( 1 - 0% )	/	( (7.3	+	6.243)	/ 2 )
=	-0.616	/	6.7715
=	-9.10 %

where

	Invested Capital		(Q: Dec. 2017 )
=	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	))
=	0.908	-	0.526	-	( 0.006	-	max(0, 6.946	-	0.028	+	0.006	))
=	7.3

	Invested Capital		(Q: Mar. 2018 )
=	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	))
=	0.952	-	0.618	-	( 0.051	-	max(0, 5.981	-	0.072	+	0.051	))
=	6.243

Note: The Operating Income data used here is four times the quarterly (Mar. 2018) data.

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

Lithium Exploration Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2018 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2017		Q: Mar. 2018
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1.468	/	( ( (0 + max(-3.718, 0))	+	(0 + max(-2.616, 0)) )	/	2 )
=	1.468	/	( ( 0	+	0 )	/	2 )
=	1.468	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2017 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.022)	-	(0.526	+	0	+	3.214)
=	-3.718

	Working Capital		(Q: Mar. 2018 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.021)	-	(0.618	+	0	+	2.019)
=	-2.616

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2018) EBIT data.

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

Lithium Exploration Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2018 )
	=	0.411	/	0.200
	=	205.50 %

Lithium Exploration Group EBIT Related Terms

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Lithium Exploration Group (Lithium Exploration Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Exploration Group Inc (GREY:LEXG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

4635 South Lakeshore Drive, Suite 200, Tempe, AZ, USA, 85282

Website

http://www.lithiumexplorationgroup.com

Lithium Exploration Group Inc is a U.S.-based exploration and development company. It is focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. The company is testing its SonCav Technology for use in the oil and gas industry and the acquisition of oil and gas related assets in Western Canada and Southwest Louisiana. The SonCav technology uses a patented process to mechanically induce an ultrasonic cavitation to superheat fluid. It is focused solely on water and crude oil, but technology is expected to have many other commercial uses including mining, LNG, Ethanol, industrial and other chemical uses in the pharmaceutical industry.

Lithium Exploration Group (Lithium Exploration Group) Headlines

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