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Wesdome Gold Mines (FRA:RKVA) EBIT : €91.6 Mil (TTM As of Sep. 2024)


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What is Wesdome Gold Mines EBIT?

Wesdome Gold Mines's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €39.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €91.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wesdome Gold Mines's annualized ROC % for the quarter that ended in Sep. 2024 was 27.35%. Wesdome Gold Mines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 43.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wesdome Gold Mines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.36%.


Wesdome Gold Mines EBIT Historical Data

The historical data trend for Wesdome Gold Mines's 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.

Wesdome Gold Mines EBIT Chart

Wesdome Gold Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.45 48.77 131.04 -0.52 -1.06

Wesdome Gold Mines Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -8.28 9.84 11.08 30.72 39.94

Competitive Comparison of Wesdome Gold Mines's EBIT

For the Gold subindustry, Wesdome Gold Mines'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.


Wesdome Gold Mines's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Wesdome Gold Mines's EV-to-EBIT falls into.



Wesdome Gold Mines EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €91.6 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.


Wesdome Gold Mines  (FRA:RKVA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Wesdome Gold Mines's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=155.452 * ( 1 - 34.68% )/( (373.127 + 369.486)/ 2 )
=101.5412464/371.3065
=27.35 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Wesdome Gold Mines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=159.748/( ( (365.19 + max(-20.258, 0)) + (361.648 + max(-16.385, 0)) )/ 2 )
=159.748/( ( 365.19 + 361.648 )/ 2 )
=159.748/363.419
=43.96 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 20.41 + 1.786) - (42.455 + 0 + -0.00099999999999767)
=-20.258

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 21.527 + 1.879) - (39.791 + 0 + 7.105427357601E-15)
=-16.385

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Wesdome Gold Mines's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=91.567/1095.597
=8.36 %

* 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.


Wesdome Gold Mines EBIT Related Terms

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Wesdome Gold Mines Business Description

Traded in Other Exchanges
Address
1, chemin Joubi, C.P. 268, Mines D'Or Wesdome Inc, Val D'Or, QC, CAN, J9P 4P3
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.

Wesdome Gold Mines Headlines

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