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Bravo Mining (TSXV:BRVO) EBIT : C$-5.85 Mil (TTM As of Mar. 2024)


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What is Bravo Mining EBIT?

Bravo Mining's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-1.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-5.85 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bravo Mining's annualized ROC % for the quarter that ended in Mar. 2024 was -14.00%. Bravo Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -14.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bravo Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.57%.


Bravo Mining EBIT Historical Data

The historical data trend for Bravo Mining'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.

Bravo Mining EBIT Chart

Bravo Mining Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-0.02 -4.28 -5.78

Bravo Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.15 -1.38 -2.11 -1.17 -1.20

Competitive Comparison of Bravo Mining's EBIT

For the Other Precious Metals & Mining subindustry, Bravo Mining'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.


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

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

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



Bravo Mining 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 C$-5.85 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.


Bravo Mining  (TSXV:BRVO) EBIT Explanation

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

Bravo Mining'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 )
=-4.792 * ( 1 - 0% )/( (32.564 + 35.879)/ 2 )
=-4.792/34.2215
=-14.00 %

where

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

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

Bravo Mining'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 )
=-4.792/( ( (32.536 + max(-1.846, 0)) + (35.849 + max(-1.134, 0)) )/ 2 )
=-4.792/( ( 32.536 + 35.849 )/ 2 )
=-4.792/34.1925
=-14.01 %

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 + 0.294) - (2.139 + 0 + 0.0010000000000003)
=-1.846

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.234) - (1.368 + 0 + -2.2204460492503E-16)
=-1.134

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-5.854/371.931
=-1.57 %

* 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.


Bravo Mining EBIT Related Terms

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Bravo Mining (TSXV:BRVO) Business Description

Traded in Other Exchanges
Address
Av. Jornalista Ricardo Marinho, n. 360, Room 111 Barra da Tijuca, Rio de Janeiro, BRA, 22631-350
Bravo Mining Corp is an intermediate-stage mineral exploration company focused on the exploration and development of the Luanga Project. The Luanga Project is an intermediate-stage PGE including palladium, platinum, rhodium, gold, and nickel exploration project located in Carajss, Para State, Brazil.
Executives
Luis Azevedo 10% Security Holder, Director, Senior Officer