GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northstar Gold Corp (OTCPK:NSGCF) » Definitions » EBIT

Northstar Gold (Northstar Gold) EBIT : $-0.93 Mil (TTM As of Jan. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Northstar Gold EBIT?

Northstar Gold's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-0.36 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.93 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Northstar Gold's annualized ROC % for the quarter that ended in Jan. 2024 was -39.26%. Northstar Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -40.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Northstar Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -29.57%.

Northstar Gold EBIT Historical Data

The historical data trend for Northstar 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.

Northstar Gold EBIT Chart

Northstar Gold Annual Data
Trend Apr19 Apr20 Apr21 Apr22
EBIT
-0.66 -1.41 -2.43 -2.20

Northstar Gold Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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 -0.23 -0.32 -0.22 -0.36 -0.36

Competitive Comparison of Northstar Gold's EBIT

For the Gold subindustry, Northstar 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.

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

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

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


Northstar 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.93 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.

Northstar Gold  (OTCPK:NSGCF) EBIT Explanation

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

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

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-1.428 * ( 1 - 0% )/( (3.617 + 3.657)/ 2 )
=-1.428/3.637
=-39.26 %

where

Invested Capital(Q: Oct. 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))
=3.785 - 0.263 - ( 0.157 - max(0, 0.392 - 0.297+0.157))
=3.617

Invested Capital(Q: Jan. 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))
=3.886 - 0.118 - ( 0.187 - max(0, 0.212 - 0.323+0.187))
=3.657

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

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

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

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.428/( ( (3.488 + max(-0.282, 0)) + (3.563 + max(-0.121, 0)) )/ 2 )
=-1.428/( ( 3.488 + 3.563 )/ 2 )
=-1.428/3.5255
=-40.50 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.066) - (0.263 + 0 + 0.085)
=-0.282

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.091) - (0.118 + 0 + 0.094)
=-0.121

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-0.934/3.159
=-29.57 %

* 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.

Northstar Gold EBIT Related Terms

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

Northstar Gold (Northstar Gold) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northstar Gold Corp (OTCPK:NSGCF) » Definitions » EBIT
Comparable Companies
TSXV:STA XCNQ:NINE XCNQ:ETI XCNQ:MOC XCNQ:RGLD TSXV:MAS XCNQ:NCLR TSXV:CSG.H TSXV:CANX TSXV:SMP SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
3WV:Germany NSG:Canada
Address
17 Wellington Street North, Box 2529, New Liskeard, ON, CAN, P0J 1P0
Website
https://www.northstargoldcorp.com
Northstar Gold Corp is engaged in the exploration, development, and acquisition of quality exploration properties in the prolific Abitibi Greenstone Belt. The company's flagship property is the 100% owned Miller Gold Property, situated southeast of Kirkland Lake and Kirkland Lake Gold's Macassa SMC gold mine. The company's projects include Boston Creek - Miller Project, Bryce Project, Temagami-Milestone and Rosegrove.