GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » High Tide Resources Corp (XCNQ:HTRC) » Definitions » EV-to-EBIT

High Tide Resources (XCNQ:HTRC) EV-to-EBIT : -3.77 (As of Jun. 11, 2024)


View and export this data going back to 2022. Start your Free Trial

What is High Tide Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, High Tide Resources's Enterprise Value is C$3.51 Mil. High Tide Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.93 Mil. Therefore, High Tide Resources's EV-to-EBIT for today is -3.77.

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

XCNQ:HTRC' s EV-to-EBIT Range Over the Past 10 Years
Min: -30.61   Med: 0   Max: 0
Current: -3.77

XCNQ:HTRC's EV-to-EBIT is ranked worse than
100% of 569 companies
in the Metals & Mining industry
Industry Median: 12.73 vs XCNQ:HTRC: -3.77

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. High Tide Resources's Enterprise Value for the quarter that ended in Mar. 2024 was C$6.26 Mil. High Tide Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.93 Mil. High Tide Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -14.85%.


High Tide Resources EV-to-EBIT Historical Data

The historical data trend for High Tide Resources'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.

High Tide Resources EV-to-EBIT Chart

High Tide Resources Annual Data
Trend Jun21 Jun22 Jun23
EV-to-EBIT
- -1.43 -6.18

High Tide Resources Quarterly Data
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 -3.58 -6.18 -3.19 -5.35 -6.73

Competitive Comparison of High Tide Resources's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, High Tide Resources'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.


High Tide Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where High Tide Resources's EV-to-EBIT falls into.



High Tide Resources EV-to-EBIT Calculation

High Tide Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3.505/-0.93
=-3.77

High Tide Resources's current Enterprise Value is C$3.51 Mil.
High Tide Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.93 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.


High Tide Resources  (XCNQ:HTRC) 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) %.

High Tide Resources'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 )
=-0.93/6.261176
=-14.85 %

High Tide Resources's Enterprise Value for the quarter that ended in Mar. 2024 was C$6.26 Mil.
High Tide Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.93 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.


High Tide Resources EV-to-EBIT Related Terms

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


High Tide Resources (XCNQ:HTRC) Business Description

Traded in Other Exchanges
N/A
Address
110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
High Tide Resources Corp is focused on the development of advanced-stage mineral projects in Canada. The company owns a 100% interest in the Labrador West Iron Project located adjacent to the Carol Lake Mine in Labrador City, NF and owns a 100% interest in the Lac Pegma copper-nickel-cobalt deposit located approximately 50 kilometres southeast of Fermont. The Company operates in a single reportable operating segment, namely the acquisition, exploration and development of mineral exploration projects.
Executives
Michael T. Zurowski Senior Officer

High Tide Resources (XCNQ:HTRC) Headlines

No Headlines