GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volta Metals Ltd (XCNQ:VLTA) » Definitions » EV-to-EBIT

Volta Metals (XCNQ:VLTA) EV-to-EBIT : -0.77 (As of May. 25, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Volta Metals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Volta Metals's Enterprise Value is C$2.16 Mil. Volta Metals's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-2.79 Mil. Therefore, Volta Metals's EV-to-EBIT for today is -0.77.

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

XCNQ:VLTA' s EV-to-EBIT Range Over the Past 10 Years
Min: -5.79   Med: 0   Max: 0
Current: -0.75

XCNQ:VLTA's EV-to-EBIT is ranked worse than
100% of 566 companies
in the Metals & Mining industry
Industry Median: 13.12 vs XCNQ:VLTA: -0.75

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Volta Metals's Enterprise Value for the quarter that ended in Mar. 2024 was C$1.93 Mil. Volta Metals's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-2.79 Mil. Volta Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -144.34%.


Volta Metals EV-to-EBIT Historical Data

The historical data trend for Volta 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.

Volta Metals EV-to-EBIT Chart

Volta Metals Annual Data
Trend Dec22 Dec23
EV-to-EBIT
- -2.08

Volta Metals Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial - - -2.13 -2.08 -

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

For the Other Industrial Metals & Mining subindustry, Volta 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.


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

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

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



Volta Metals EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2.156/-2.786
=-0.77

Volta Metals's current Enterprise Value is C$2.16 Mil.
Volta Metals's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.79 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.


Volta Metals  (XCNQ:VLTA) 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) %.

Volta Metals'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 )
=-2.786/1.9302205
=-144.34 %

Volta Metals's Enterprise Value for the quarter that ended in Mar. 2024 was C$1.93 Mil.
Volta Metals's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.79 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.


Volta Metals EV-to-EBIT Related Terms

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


Volta Metals (XCNQ:VLTA) Business Description

Traded in Other Exchanges
Address
390 Bay Street, Suite 700a, Toronto, ON, CAN, M5H 2Y2
Volta Metals Ltd is a mineral exploration company focused on lithium, cesium and tantalum exploration in Canada, and led by a group of mining professionals. It is currently exploring a critical minerals portfolio of lithium, cesium and tantalum projects in northwestern Ontario, which is considered to be one of the more prolific emerging hard-rock lithium districts globally. The company's projects include Flacon west project, Root Project, White Lights Project, Kim Lake & Store Lake Project, Junior Lake Project, and Crescent Lake Project.
Executives
Kerem Usenmez Senior Officer

Volta Metals (XCNQ:VLTA) Headlines

From GuruFocus