GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Apex Critical Metals Corp (XCNQ:APXC) » Definitions » EBIT

Apex Critical Metals (XCNQ:APXC) EBIT : C$-0.44 Mil (TTM As of Jan. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Apex Critical Metals EBIT?

Apex Critical Metals's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was C$-0.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.44 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Apex Critical Metals's annualized ROC % for the quarter that ended in Jan. 2024 was -53.86%. Apex Critical Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -53.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Apex Critical Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -9.06%.


Apex Critical Metals EBIT Historical Data

The historical data trend for Apex Critical Metals'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.

Apex Critical Metals EBIT Chart

Apex Critical Metals Annual Data
Trend Jul22
EBIT
-0.12

Apex Critical Metals Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT Get a 7-Day Free Trial Premium Member Only -0.11 -0.10 -0.12 -0.10 -0.13

Competitive Comparison of Apex Critical Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Apex Critical Metals'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.


Apex Critical Metals's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Apex Critical Metals's EV-to-EBIT falls into.



Apex Critical Metals 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 C$-0.44 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.


Apex Critical Metals  (XCNQ:APXC) EBIT Explanation

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

Apex Critical Metals'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 )
=-0.52 * ( 1 - 0% )/( (0.963 + 0.968)/ 2 )
=-0.52/0.9655
=-53.86 %

where

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

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

Apex Critical Metals'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 )
=-0.52/( ( (0.962 + max(-0.35, 0)) + (0.967 + max(-0.08, 0)) )/ 2 )
=-0.52/( ( 0.962 + 0.967 )/ 2 )
=-0.52/0.9645
=-53.91 %

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 + 0 + 0.005) - (0.355 + 0 + 0)
=-0.35

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.011) - (0.091 + 0 + 0)
=-0.08

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:

Apex Critical Metals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-0.444/4.898
=-9.06 %

* 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.


Apex Critical Metals EBIT Related Terms

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


Apex Critical Metals (XCNQ:APXC) Business Description

Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Eagle Bay Resources Corp is in the business of acquiring, exploring, developing and evaluating mineral resource properties. The Company is in the exploration stage and has interests in properties located in British Columbia, Canada.

Apex Critical Metals (XCNQ:APXC) Headlines

No Headlines