Powerstone Metals (XCNQ:PS) EBIT : C$-0.26 Mil (TTM As of Jan. 2024)

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What is Powerstone Metals EBIT?

Powerstone Metals's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was C$-0.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Powerstone Metals's annualized ROC % for the quarter that ended in Jan. 2024 was -722.58%. Powerstone Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -845.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Powerstone Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -61.47%.

Powerstone Metals EBIT Historical Data

The historical data trend for Powerstone 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.

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Powerstone Metals EBIT Chart

Powerstone Metals Annual Data

Trend

Oct22

Oct23

EBIT

-0.61

Powerstone Metals Quarterly Data
	Jul22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial			-0.24	-	-0.13	-0.08	-0.06

Competitive Comparison of Powerstone Metals's EBIT

For the Other Industrial Metals & Mining subindustry, Powerstone 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.

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

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

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

Powerstone 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$-0.26 Mil.

Powerstone Metals (XCNQ:PS) EBIT Explanation

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

Powerstone 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 )
=	-0.224 * ( 1 - 0% )	/	( (0.049	+	0.013)	/ 2 )
=	-0.224	/	0.031
=	-722.58 %

where

	Invested Capital		(Q: Oct. 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	))
=	0.809	-	0.03	-	( 0.73	-	max(0, 0.03	-	0.809	+	0.73	))
=	0.049

	Invested Capital		(Q: Jan. 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	))
=	0.798	-	0.062	-	( 0.723	-	max(0, 0.062	-	0.798	+	0.723	))
=	0.013

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

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

Powerstone 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 )
=	-0.224	/	( ( (0 + max(0.046, 0))	+	(0 + max(0.0070000000000001, 0)) )	/	2 )
=	-0.224	/	( ( 0.046	+	0.0070000000000001 )	/	2 )
=	-0.224	/	0.0265
=	-845.28 %

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	+	0.076)	-	(0.03	+	0	+	0)
=	0.046

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.069)	-	(0.062	+	0	+	0)
=	0.0070000000000001

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	-0.26	/	0.423
	=	-61.47 %

Powerstone Metals EBIT Related Terms

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Powerstone Metals (XCNQ:PS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Powerstone Metals Corp (XCNQ:PS) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

PWMCF:USA W0R:Germany

Address

1040 West Georgia Street, 19th Floor, Suite 1900, Vancouver, BC, CAN, V6E 4H3

Website

https://www.powerstonemetals.com

Powerstone Metals Corp is a mineral exploration company focused on the identification and exploration of high-quality critical metals assets. It is exploring Chilton Cobalt, a prospective cobalt asset located in Quebec, Canada.

Executives