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Go Metals (XCNQ:GOCO) EV-to-EBIT : -0.66 (As of May. 26, 2024)


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What is Go Metals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Go Metals's Enterprise Value is C$1.35 Mil. Go Metals's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was C$-2.04 Mil. Therefore, Go Metals's EV-to-EBIT for today is -0.66.

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

XCNQ:GOCO' s EV-to-EBIT Range Over the Past 10 Years
Min: -50.54   Med: 0   Max: 8.32
Current: -0.66

During the past 8 years, the highest EV-to-EBIT of Go Metals was 8.32. The lowest was -50.54. And the median was 0.00.

XCNQ:GOCO's EV-to-EBIT is ranked worse than
100% of 566 companies
in the Metals & Mining industry
Industry Median: 13.12 vs XCNQ:GOCO: -0.66

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Go Metals's Enterprise Value for the quarter that ended in Jan. 2024 was C$0.51 Mil. Go Metals's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was C$-2.04 Mil. Go Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -403.97%.


Go Metals EV-to-EBIT Historical Data

The historical data trend for Go Metals'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.

Go Metals EV-to-EBIT Chart

Go Metals Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EV-to-EBIT
Get a 7-Day Free Trial -4.95 -5.10 -1.17 -0.36 0.21

Go Metals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.19 0.46 0.21 -0.25 -0.25

Competitive Comparison of Go Metals's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Go 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.


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

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

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



Go Metals EV-to-EBIT Calculation

Go Metals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1.350/-2.044
=-0.66

Go Metals's current Enterprise Value is C$1.35 Mil.
Go Metals's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.04 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.


Go Metals  (XCNQ:GOCO) 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) %.

Go Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jan. 2024 ) =EBIT / Enterprise Value (Q: Jan. 2024 )
=-2.044/0.50598
=-403.97 %

Go Metals's Enterprise Value for the quarter that ended in Jan. 2024 was C$0.51 Mil.
Go Metals's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.04 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.


Go Metals EV-to-EBIT Related Terms

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


Go Metals (XCNQ:GOCO) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, 11th Floor, Vancouver, BC, CAN, V6E 3V6
Go Metals Corp is an exploration company engaged in the development of mineral resource properties in Canada. Its properties include Monster in Yukon and HSP in Quebec, Nickel Palladium, and Ashuanipi project.
Executives
Scott Sheldon Director, Senior Officer