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Heritage Mining (XCNQ:HML) EV-to-EBIT : -1.21 (As of May. 25, 2024)


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What is Heritage Mining EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Heritage Mining's Enterprise Value is C$3.38 Mil. Heritage Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-2.80 Mil. Therefore, Heritage Mining's EV-to-EBIT for today is -1.21.

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

XCNQ:HML' s EV-to-EBIT Range Over the Past 10 Years
Min: -16.75   Med: 0   Max: 0
Current: -1.21

XCNQ:HML's EV-to-EBIT is ranked worse than
100% of 566 companies
in the Metals & Mining industry
Industry Median: 13.12 vs XCNQ:HML: -1.21

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Heritage Mining's Enterprise Value for the quarter that ended in Dec. 2023 was C$2.10 Mil. Heritage Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-2.80 Mil. Heritage Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -133.41%.


Heritage Mining EV-to-EBIT Historical Data

The historical data trend for Heritage 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.

Heritage Mining EV-to-EBIT Chart

Heritage Mining Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
- -0.45 -0.75

Heritage Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.45 -0.96 -0.79 -0.69 -0.75

Competitive Comparison of Heritage Mining's EV-to-EBIT

For the Other Precious Metals & Mining subindustry, Heritage 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.


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

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

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



Heritage Mining EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3.378/-2.795
=-1.21

Heritage Mining's current Enterprise Value is C$3.38 Mil.
Heritage Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.80 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.


Heritage Mining  (XCNQ:HML) 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) %.

Heritage Mining'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 )
=-2.795/2.0950375
=-133.41 %

Heritage Mining's Enterprise Value for the quarter that ended in Dec. 2023 was C$2.10 Mil.
Heritage Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.80 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.


Heritage Mining EV-to-EBIT Related Terms

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Heritage Mining (XCNQ:HML) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Hastings Street, Suite 1700, Vancouver, BC, CAN, V6E 2E9
Website
Heritage Mining Ltd is engaged in the business of exploration for gold and other metals across Canada. The company's principal objectives are to explore and develop the Drayton - Black Lake Property and to identify other properties worthy of investment and exploration. The Drayton - Black Lake Project consists of 720 mining claims located in the Patricia Mining Division totaling approximately 14,921.18 hectares.
Executives
Peter Schloo Director, Senior Officer

Heritage Mining (XCNQ:HML) Headlines

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