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Goldeneye Resources (TSXV:GOE.H) Owner Earnings per Share (TTM) : 0.00 (As of Jan. 2022)


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What is Goldeneye Resources Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Goldeneye Resources does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Goldeneye Resources's Owner Earnings per Share (TTM) or its related term are showing as below:



TSXV:GOE.H's Price-to-Owner-Earnings is not ranked *
in the Metals & Mining industry.
Industry Median: 14.33
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Goldeneye Resources's Earnings per Share (Diluted) for the three months ended in Jan. 2022 was C$-0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2022 was C$-0.02. It's PE Ratio ratio for today is At Loss.

Goldeneye Resources's EPS without NRI for the three months ended in Jan. 2022 was C$-0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2022 was C$-0.02. It's PE Ratio without NRI ratio for today is At Loss.


Goldeneye Resources Owner Earnings per Share (TTM) Historical Data

The historical data trend for Goldeneye Resources's Owner Earnings per Share (TTM) 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.

Goldeneye Resources Owner Earnings per Share (TTM) Chart

Goldeneye Resources Annual Data
Trend Mar12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.02 - - -

Goldeneye Resources Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
Owner Earnings per Share (TTM) 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 - - - - -

Competitive Comparison of Goldeneye Resources's Owner Earnings per Share (TTM)

For the Other Precious Metals & Mining subindustry, Goldeneye Resources's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Goldeneye Resources's Price-to-Owner-Earnings Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Goldeneye Resources's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Goldeneye Resources's Price-to-Owner-Earnings falls into.



Goldeneye Resources Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Goldeneye Resources does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Goldeneye Resources Owner Earnings per Share (TTM) Related Terms

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Goldeneye Resources (TSXV:GOE.H) Business Description

Traded in Other Exchanges
N/A
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Goldeneye Resources Corp is a mineral exploration company engaged in exploration of precious metal and base metal projects in North America. The company has signed definitive agreements with Unity Resources Inc to acquire interest in mineral claims known as the Roberts Arm, Grand Lake and Gander River Ultramafic Belt East (GRUBE) projects. The projects are in the province of Newfoundland. The company has also signed a definitive agreement with Windfall Geotek for the Corallen Lake property.

Goldeneye Resources (TSXV:GOE.H) Headlines

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