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Red Metal Resources (XCNQ:RMES) EV-to-EBIT : -6.31 (As of May. 30, 2024)


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What is Red Metal Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Red Metal Resources's Enterprise Value is C$4.31 Mil. Red Metal Resources's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 was C$-0.68 Mil. Therefore, Red Metal Resources's EV-to-EBIT for today is -6.31.

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

XCNQ:RMES' s EV-to-EBIT Range Over the Past 10 Years
Min: -24.8   Med: 0   Max: 0
Current: -6.31

XCNQ:RMES's EV-to-EBIT is ranked worse than
100% of 569 companies
in the Metals & Mining industry
Industry Median: 13.14 vs XCNQ:RMES: -6.31

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Red Metal Resources's Enterprise Value for the quarter that ended in Oct. 2023 was C$3.30 Mil. Red Metal Resources's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 was C$-0.68 Mil. Red Metal Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was -20.67%.


Red Metal Resources EV-to-EBIT Historical Data

The historical data trend for Red Metal 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.

Red Metal Resources EV-to-EBIT Chart

Red Metal Resources Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -7.58 -3.41

Red Metal Resources Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -2.82 -3.41 -5.22 -4.71 -4.84

Competitive Comparison of Red Metal Resources's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Red Metal 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.


Red Metal Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Red Metal Resources EV-to-EBIT Calculation

Red Metal Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4.306/-0.682
=-6.31

Red Metal Resources's current Enterprise Value is C$4.31 Mil.
Red Metal Resources's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.68 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.


Red Metal Resources  (XCNQ:RMES) 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) %.

Red Metal Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Oct. 2023 ) =EBIT / Enterprise Value (Q: Oct. 2023 )
=-0.682/3.3000005
=-20.67 %

Red Metal Resources's Enterprise Value for the quarter that ended in Oct. 2023 was C$3.30 Mil.
Red Metal Resources's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.68 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.


Red Metal Resources EV-to-EBIT Related Terms

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


Red Metal Resources (XCNQ:RMES) Business Description

Traded in Other Exchanges
Address
1130 West Pender Street, Suite 820, Vancouver, BC, CAN, V6E 4A4
Red Metal Resources Ltd is involved in acquiring and exploring mineral properties in Chile. The company's interest in exploration and evaluation assets consisted of three active copper-gold projects on two properties, namely the Farellon and Perth Projects both located on the Carrizal Property, and the Mateo Project located on the Mateo Property.
Executives
Richard Norman Jeffs 10% Security Holder

Red Metal Resources (XCNQ:RMES) Headlines

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