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Canadian Copper (XCNQ:CCI) EBIT : C$-0.95 Mil (TTM As of Jan. 2024)


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What is Canadian Copper EBIT?

Canadian Copper's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was C$-0.28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.95 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Canadian Copper's annualized ROC % for the quarter that ended in Jan. 2024 was -29.51%. Canadian Copper's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -30.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Canadian Copper's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -11.44%.


Canadian Copper EBIT Historical Data

The historical data trend for Canadian Copper'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.

Canadian Copper EBIT Chart

Canadian Copper Annual Data
Trend Oct21 Oct22 Oct23
EBIT
- -1.69 -1.16

Canadian Copper Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.48 -0.22 -0.15 -0.30 -0.28

Competitive Comparison of Canadian Copper's EBIT

For the Copper subindustry, Canadian Copper'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.


Canadian Copper's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Canadian Copper 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$-0.95 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.


Canadian Copper  (XCNQ:CCI) EBIT Explanation

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

Canadian Copper'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 )
=-1.1 * ( 1 - 0% )/( (3.233 + 4.222)/ 2 )
=-1.1/3.7275
=-29.51 %

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:

Canadian Copper'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 )
=-1.1/( ( (3.211 + max(-0.183, 0)) + (3.921 + max(0.12, 0)) )/ 2 )
=-1.1/( ( 3.211 + 4.041 )/ 2 )
=-1.1/3.626
=-30.34 %

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 + 0.015) - (0.176 + 0 + 0.022)
=-0.183

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.233) - (0.113 + 0 + 0)
=0.12

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:

Canadian Copper's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-0.95/8.302
=-11.44 %

* 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.


Canadian Copper EBIT Related Terms

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Canadian Copper (XCNQ:CCI) Business Description

Traded in Other Exchanges
N/A
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Canadian Copper Inc is a Canadian-based company. The company is a resource exploration company with a focus on the exploration and acquisition of copper assets in New Brunswick. The company is engaged in the identification, evaluation and acquisition of mineral properties in Canada.
Executives
Simon Quick Senior Officer