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Ares Strategic Mining (XCNQ:ARS) EV-to-EBIT : -85.74 (As of Jun. 06, 2024)


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What is Ares Strategic Mining EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ares Strategic Mining's Enterprise Value is C$43.56 Mil. Ares Strategic Mining's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.51 Mil. Therefore, Ares Strategic Mining's EV-to-EBIT for today is -85.74.

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

XCNQ:ARS' s EV-to-EBIT Range Over the Past 10 Years
Min: -20.37   Med: -0.39   Max: 0.65
Current: -20.37

During the past 13 years, the highest EV-to-EBIT of Ares Strategic Mining was 0.65. The lowest was -20.37. And the median was -0.39.

XCNQ:ARS's EV-to-EBIT is ranked worse than
100% of 567 companies
in the Metals & Mining industry
Industry Median: 12.65 vs XCNQ:ARS: -20.37

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ares Strategic Mining's Enterprise Value for the quarter that ended in Mar. 2024 was C$46.72 Mil. Ares Strategic Mining's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.51 Mil. Ares Strategic Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.09%.


Ares Strategic Mining EV-to-EBIT Historical Data

The historical data trend for Ares Strategic Mining'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.

Ares Strategic Mining EV-to-EBIT Chart

Ares Strategic Mining Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.78 -5.90 -16.09 -8.99 -7.67

Ares Strategic Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.73 -4.98 -7.67 -13.06 -

Competitive Comparison of Ares Strategic Mining's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Ares Strategic Mining'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.


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

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

* The bar in red indicates where Ares Strategic Mining's EV-to-EBIT falls into.



Ares Strategic Mining EV-to-EBIT Calculation

Ares Strategic Mining's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=43.557/-0.508
=-85.74

Ares Strategic Mining's current Enterprise Value is C$43.56 Mil.
Ares Strategic Mining's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.51 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.


Ares Strategic Mining  (XCNQ:ARS) 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) %.

Ares Strategic Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-0.508/46.7176
=-1.09 %

Ares Strategic Mining's Enterprise Value for the quarter that ended in Mar. 2024 was C$46.72 Mil.
Ares Strategic Mining's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.51 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.


Ares Strategic Mining EV-to-EBIT Related Terms

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Ares Strategic Mining (XCNQ:ARS) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1001, Vancouver, BC, CAN, V6C 1T2
Ares Strategic Mining Inc is a junior natural resource mining company. The Company has one reportable segment, being the acquisition, exploration, and development of resource properties. It is engaged in the acquisition and exploration of lithium resource properties. Its projects include Lost Sheep, Vanadium Ridge Property, and Liard Property.
Executives
James Walker Director, Senior Officer

Ares Strategic Mining (XCNQ:ARS) Headlines

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