Dakota Gold (Dakota Gold) EBIT : $-37.04 Mil (TTM As of Mar. 2024)

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What is Dakota Gold EBIT?

Dakota Gold's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-8.57 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-37.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dakota Gold's annualized ROC % for the quarter that ended in Mar. 2024 was -41.91%. Dakota Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -41.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dakota Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -16.62%.

Dakota Gold EBIT Historical Data

The historical data trend for Dakota Gold'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.

Dakota Gold EBIT Chart

Dakota Gold Annual Data

Trend

Mar20

Mar21

Mar22

Dec23

EBIT

-0.16

-2.09

-31.37

-38.04

Dakota Gold Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial										-9.54	-10.18	-8.86	-9.42	-8.57

Competitive Comparison of Dakota Gold's EBIT

For the Gold subindustry, Dakota Gold'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.

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

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

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

Dakota Gold 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-37.04 Mil.

Dakota Gold (AMEX:DC) EBIT Explanation

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

Dakota Gold's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-35.176 * ( 1 - 0.19% )	/	( (82.114	+	85.427)	/ 2 )
=	-35.1091656	/	83.7705
=	-41.91 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	108.203	-	4.351	-	( 25.548	-	max(0, 4.486	-	26.224	+	25.548	))
=	82.114

	Invested Capital		(Q: Mar. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	101.045	-	3.398	-	( 15.108	-	max(0, 3.859	-	16.079	+	15.108	))
=	85.427

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

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

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

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-34.296	/	( ( (81.606 + max(-3.675, 0))	+	(84.52 + max(-2.755, 0)) )	/	2 )
=	-34.296	/	( ( 81.606	+	84.52 )	/	2 )
=	-34.296	/	83.063
=	-41.29 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.676)	-	(4.351	+	0	+	0)
=	-3.675

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.971)	-	(3.398	+	0	+	0.328)
=	-2.755

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-37.035	/	222.775
	=	-16.62 %

Dakota Gold EBIT Related Terms

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Dakota Gold (Dakota Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dakota Gold Corp (AMEX:DC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

RR6:Germany

Address

106 Glendale Drive, Suite A, Lead, SD, USA, 57754

Website

https://www.dakotagoldcorp.com

Dakota Gold Corp is a gold exploration and development company with a specific focus on revitalizing the Homestake District in Lead, South Dakota. Dakota Gold has high-caliber gold mineral properties covering over 40 thousand acres surrounding the historic Homestake Mine.

Executives

Gerald Michael Aberle	director, officer: Chief Operating Officer	PO BOX 568, LEAD SD 57754
Alice D. Schroeder	director	1573 MALLORY LANE, SUITE 100, BRENTWOOD TN 37027
Jonathan T. Awde	director, officer: President & CEO	DAKOTA TERRITORY RESOURCE CORP, 141 GLENDALE DR, LEAD SD 57754
Patrick Shay Malone	officer: Chief Sustainability Officer	106 GLENDALE DRIVE, SUITE A, LEAD SD 57754
Stephen T. O'rourke	director	P.O. BOX 9159, RAPID CITY SD 57709
Shawn Campbell	officer: Chief Financial Officer	141 GLENDALE DRIVE, LEAD SD 57754
Robert Quartermain	director	DAKOTA TERRITORY RESOURCE CORP, 141 GLENDALE DR, LEAD SD 57754
Alex G Morrison	director	1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
James Mccoy Berry	officer: Vice-President of Exploration	141 GLENDALE DRIVE, LEAD SD 57754
Jennifer S Grafton	director	9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Amy Koenig	director	7001 MT. RUSHMORE ROAD, RAPID CITY SD 57702