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Enertopia (Enertopia) EBIT : $-1.18 Mil (TTM As of Feb. 2024)


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What is Enertopia EBIT?

Enertopia's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was $-0.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was $-1.18 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Enertopia's annualized ROC % for the quarter that ended in Feb. 2024 was -4,727.27%. Enertopia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -4,727.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Enertopia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -88.32%.


Enertopia EBIT Historical Data

The historical data trend for Enertopia'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.

Enertopia EBIT Chart

Enertopia Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.42 0.04 -0.39 -1.57 -1.23

Enertopia Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.25 -0.58 -0.22 -0.25 -0.13

Competitive Comparison of Enertopia's EBIT

For the Other Industrial Metals & Mining subindustry, Enertopia'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.


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

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

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



Enertopia 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.18 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.


Enertopia  (OTCPK:ENRT) EBIT Explanation

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

Enertopia's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=-0.52 * ( 1 - 0% )/( (0.011 + 0.011)/ 2 )
=-0.52/0.011
=-4,727.27 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.52/( ( (0.011 + max(-0.257, 0)) + (0.011 + max(-0.24, 0)) )/ 2 )
=-0.52/( ( 0.011 + 0.011 )/ 2 )
=-0.52/0.011
=-4,727.27 %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.015 + 0 + 0.046) - (0.318 + 0 + 0)
=-0.257

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0 + 0.042) - (0.283 + 0 + 0)
=-0.24

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=-1.18/1.336
=-88.32 %

* 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.


Enertopia EBIT Related Terms

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


Enertopia (Enertopia) Business Description

Traded in Other Exchanges
Address
1873 Spall Road, Suite 18, Kelowna, BC, CAN, V1Y 4R2
Enertopia Corp is engaged in the acquisition, development and exploration of natural resource properties. .The Company is engaged in exploring the West Tonopah Lithium Project ("West Tonopah") in the Smokey Valley, Nevada along with holding intellectual property & patents in the green technology space. The company has three reportable segments, Natural Resources, Technology and Corporate.
Executives
John Richard Nelson director 402 ASTORIA CRESCENT SE, CALGARY A0 T2J 0Y5
Allan Horst Spissinger officer: Chief Financial Officer 8131 198A STREET, LANGLEY A1 V2Y 1Y6
Robert Mcallister director, officer: President #203 - 688 LEQUIME ROAD, KELOWNA A1 V1W 1A4
Kristian Ross director 826 LEON AVENUE, KELOWNA A1 V1Y 6J8
Baljinder Bhullar officer: CFO 604 - 700 WEST PENDER, VANCOUVER A1 V6C 1G8
Kevin Michael Brown director 2618 CAMPBELL ROAD, KELOWNA A1 V1Z1T2
Mathew T. Chadwick director, officer: Sr. VP of Marijuana Operations 22308 DEWDNEY TRUNK RD., MAPLE RIDGE A1 V2X 3J2
Christopher Bunka director, officer: Chairman and CEO 1924 BIRKDALE AVE, KELOWNA A1 V1P1R7
John Alan Thomas director 5766 GOLDENROD CRESCENT, DELTA A1 V4L 2G6
Donald James Findlay director #30 NEW STREET SE, CALGARY A0 T2G 3X9
John Gregory Dawson director 1810 RIDEAU AVENUE, COQUITLAM A1 V3J 3G8
Thomas James Ihrke officer: Sr. VP, Business Development 38 KRIER LANE, MOUNT PLEASANT SC 29464
Mark E Snyder officer: Chief Technical Officer 12900 BROOKPRINTER PL #200, POWAY CA 92064
Hugh Reid director 1406-6TH STREET NW, CALGARY A0 T2M 3E6
James Letourneau director 2609-12TH AVE. SW, CALGARY A0 T3C 0S4

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