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Horizon Gold (ASX:HRN) EV-to-EBIT : -18.70 (As of May. 26, 2024)


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What is Horizon Gold EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Horizon Gold's Enterprise Value is A$38.34 Mil. Horizon Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.05 Mil. Therefore, Horizon Gold's EV-to-EBIT for today is -18.70.

The historical rank and industry rank for Horizon Gold's EV-to-EBIT or its related term are showing as below:

ASX:HRN' s EV-to-EBIT Range Over the Past 10 Years
Min: -152.17   Med: 0   Max: 11.84
Current: -18.7

During the past 7 years, the highest EV-to-EBIT of Horizon Gold was 11.84. The lowest was -152.17. And the median was 0.00.

ASX:HRN's EV-to-EBIT is ranked worse than
100% of 566 companies
in the Metals & Mining industry
Industry Median: 13.12 vs ASX:HRN: -18.70

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Horizon Gold's Enterprise Value for the quarter that ended in Dec. 2023 was A$41.96 Mil. Horizon Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.05 Mil. Horizon Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.89%.


Horizon Gold EV-to-EBIT Historical Data

The historical data trend for Horizon Gold's EV-to-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.

Horizon Gold EV-to-EBIT Chart

Horizon Gold Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial -4.69 7.60 -44.00 -133.10 -25.67

Horizon Gold Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -133.10 - -25.67 -

Competitive Comparison of Horizon Gold's EV-to-EBIT

For the Gold subindustry, Horizon Gold'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.


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

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

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



Horizon Gold EV-to-EBIT Calculation

Horizon Gold's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=38.340/-2.05
=-18.70

Horizon Gold's current Enterprise Value is A$38.34 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Horizon Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.05 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.


Horizon Gold  (ASX:HRN) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Horizon Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-2.05/41.961
=-4.89 %

Horizon Gold's Enterprise Value for the quarter that ended in Dec. 2023 was A$41.96 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Horizon Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.05 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.


Horizon Gold EV-to-EBIT Related Terms

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


Horizon Gold (ASX:HRN) Business Description

Traded in Other Exchanges
Address
47 Havelock Street, Suite 8, Level 3, West Perth, WA, AUS, 6005
Horizon Gold Ltd is a gold mining company. It is engaged in the acquisition, exploration, and development of gold reserves of the Gum Creek Gold Project in Western Australia. The project covers the Gum Creek Greenstone Belt located within the Southern Cross Province of the Youanmi Terrane In Yilgarn Craton in Western Australia.

Horizon Gold (ASX:HRN) Headlines

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