Hercules Silver (TSXV:BIG) EBIT : C$-9.16 Mil (TTM As of Mar. 2024)

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What is Hercules Silver EBIT?

Hercules Silver's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-1.53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-9.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hercules Silver's annualized ROC % for the quarter that ended in Mar. 2024 was -487.51%. Hercules Silver's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1,184.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hercules Silver's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -5.43%.

Hercules Silver EBIT Historical Data

The historical data trend for Hercules Silver'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.

Hercules Silver EBIT Chart

Hercules Silver Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-0.04

-0.92

-2.34

-3.31

-9.59

Hercules Silver Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial												-1.01	-0.37	-4.21	-3.42	-1.53

Competitive Comparison of Hercules Silver's EBIT

For the Silver subindustry, Hercules Silver'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.

Hercules Silver's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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

Hercules Silver 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-9.16 Mil.

Hercules Silver (TSXV:BIG) EBIT Explanation

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

Hercules Silver's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-6.128 * ( 1 - 0% )	/	( (0.767	+	1.747)	/ 2 )
=	-6.128	/	1.257
=	-487.51 %

where

	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	))
=	25.85	-	0.505	-	( 24.578	-	max(0, 0.505	-	25.088	+	24.578	))
=	0.767

	Invested Capital		(Q: Mar. 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	))
=	26.29	-	0.892	-	( 24.287	-	max(0, 0.892	-	24.543	+	24.287	))
=	1.747

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

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

Hercules Silver's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-6.128	/	( ( (0.034 + max(-0.163, 0))	+	(1.001 + max(-0.664, 0)) )	/	2 )
=	-6.128	/	( ( 0.034	+	1.001 )	/	2 )
=	-6.128	/	0.5175
=	-1,184.15 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.342)	-	(0.505	+	0	+	0)
=	-0.163

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.228)	-	(0.892	+	0	+	0)
=	-0.664

When net working capital is negative, 0 is used.

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

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

Hercules Silver's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-9.161	/	168.591
	=	-5.43 %

Hercules Silver EBIT Related Terms

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Hercules Silver (TSXV:BIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hercules Silver Corp (TSXV:BIG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

BADEF:USA 8Q7:Germany

Address

100 King Street West, Suite 1600, 1 First Canadian Place, Toronto, ON, CAN, M5X 1G5

Website

https://www.herculessilver.com

Hercules Silver Corp is a junior mining company focused on the exploration and development of the Hercules Silver Project, northwest of Cambridge, Idaho. The company is focused on the exploration and development of a large-scale disseminated silver-lead-zinc system at Hercules with over 28,000 meters of historical drilling and a newly discovered copper porphyry target which adds scale and discovery potential to the system.

Executives

Kelly James Malcolm

Director