Transforma Resources (TSXV:TFM) EBIT : C$-0.16 Mil (TTM As of Sep. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Transforma Resources EBIT?

Transforma Resources's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was C$-0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was C$-0.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Transforma Resources's annualized ROC % for the quarter that ended in Sep. 2023 was -16.37%. Transforma Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -29.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Transforma Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -10.43%.

Transforma Resources EBIT Historical Data

The historical data trend for Transforma Resources'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.

Transforma Resources EBIT Chart

Transforma Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

-0.30

-0.36

-0.24

-0.21

0.14

Transforma Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															0.26	-0.06	-0.04	-0.05	-0.02

Competitive Comparison of Transforma Resources's EBIT

For the Copper subindustry, Transforma Resources'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.

Transforma Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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

Transforma Resources 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.16 Mil.

Transforma Resources (TSXV:TFM) EBIT Explanation

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

Transforma Resources's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-0.088 * ( 1 - 0% )	/	( (0.526	+	0.549)	/ 2 )
=	-0.088	/	0.5375
=	-16.37 %

where

	Invested Capital		(Q: Jun. 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	))
=	0.349	-	0.277	-	( 0.026	-	max(0, 0.508	-	0.054	+	0.026	))
=	0.526

	Invested Capital		(Q: Sep. 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	))
=	0.339	-	0.289	-	( 0.01	-	max(0, 0.524	-	0.025	+	0.01	))
=	0.549

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Transforma Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.088	/	( ( (0.285 + max(-0.249, 0))	+	(0.304 + max(-0.274, 0)) )	/	2 )
=	-0.088	/	( ( 0.285	+	0.304 )	/	2 )
=	-0.088	/	0.2945
=	-29.88 %

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)
=	(0.024	+	0	+	0.004)	-	(0.277	+	0	+	0)
=	-0.249

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.013	+	0	+	0.002)	-	(0.289	+	0	+	0)
=	-0.274

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Transforma Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-0.16	/	1.534
	=	-10.43 %

Transforma Resources EBIT Related Terms

Thank you for viewing the detailed overview of Transforma Resources's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Transforma Resources (TSXV:TFM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Transforma Resources Corp (TSXV:TFM) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

CFV0:Germany

Address

8080 Cambie Road, Suite 309, Richmond, BC, CAN, V6X 0C1

Website

https://www.transformacorp.com

Transforma Resources Corp is a mining company. It is engaged in the exploration of mineral properties. The company holds interests in exploration properties in British Columbia, Canada. Its properties include Thunder Copper Claims. It operates in one operating segment in one geographic region being the Acquisition and Exploration of Mineral Properties in Canada.