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Patriot Lithium (ASX:PAT) EV-to-EBIT : (As of May. 25, 2024)


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What is Patriot Lithium EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Patriot Lithium's Enterprise Value is A$7.85 Mil. Patriot Lithium does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Patriot Lithium's EV-to-EBIT at this moment.

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

ASX:PAT' s EV-to-EBIT Range Over the Past 10 Years
Min: -3.45   Med: 0   Max: 0
Current: -1.02

ASX:PAT's EV-to-EBIT is ranked worse than
100% of 566 companies
in the Metals & Mining industry
Industry Median: 13.12 vs ASX:PAT: -1.02

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Patriot Lithium's Enterprise Value for the quarter that ended in Dec. 2023 was A$14.82 Mil. Patriot Lithium does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Patriot Lithium's Earnings Yield (Joel Greenblatt) % at this moment.


Patriot Lithium EV-to-EBIT Historical Data

The historical data trend for Patriot Lithium'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.

Patriot Lithium EV-to-EBIT Chart

Patriot Lithium Annual Data
Trend Jun22 Jun23
EV-to-EBIT
- -3.76

Patriot Lithium Semi-Annual Data
Dec22 Jun23 Dec23
EV-to-EBIT - - -

Competitive Comparison of Patriot Lithium's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Patriot Lithium'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.


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

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

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



Patriot Lithium EV-to-EBIT Calculation

Patriot Lithium's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7.849/
=


Patriot Lithium  (ASX:PAT) 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) %.

Patriot Lithium'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 )
=/14.823828
= %


Patriot Lithium EV-to-EBIT Related Terms

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


Patriot Lithium (ASX:PAT) Business Description

Traded in Other Exchanges
N/A
Address
16 Milligan Street, Level 3, Perth, WA, AUS, 6000
Patriot Lithium Ltd is focused on acquiring, exploring and developing lithium projects in South Dakota, Wyoming and Arizona in the United States of America. The company has three project areas, namely the Keystone Project comprising of 255 unpatented lode mining claims, the Tinton West Project comprising the TSD Claim Group of 20 unpatented lode mining claims and the TW Claim Group of 49 unpatented lode mining claims, and the Wickenburg Project comprising of 347 unpatented lode mining claims. The company is also engaged in the Ontario Lithium project.

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