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Candelaria Mining (TSXV:CAND) EBIT : C$-1.78 Mil (TTM As of Jan. 2024)


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What is Candelaria Mining EBIT?

Candelaria Mining's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was C$-0.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was C$-1.78 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Candelaria Mining's annualized ROC % for the quarter that ended in Jan. 2024 was -4.22%. Candelaria Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -3.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Candelaria Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -59.61%.


Candelaria Mining EBIT Historical Data

The historical data trend for Candelaria 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.

Candelaria Mining EBIT Chart

Candelaria Mining Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.03 -1.48 -4.74 -4.89 -3.88

Candelaria Mining Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 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 -0.84 -0.79 -0.40 -0.46 -0.12

Competitive Comparison of Candelaria Mining's EBIT

For the Gold subindustry, Candelaria 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.


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

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

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



Candelaria 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.78 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.


Candelaria Mining  (TSXV:CAND) EBIT Explanation

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

Candelaria Mining'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 )
=-0.656 * ( 1 - 0% )/( (15.425 + 15.669)/ 2 )
=-0.656/15.547
=-4.22 %

where

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

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

Candelaria Mining'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 )
=-0.476/( ( (12.203 + max(-2.347, 0)) + (12.415 + max(-2.499, 0)) )/ 2 )
=-0.476/( ( 12.203 + 12.415 )/ 2 )
=-0.476/12.309
=-3.87 %

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 + 0.27) - (2.617 + 0 + 0)
=-2.347

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (2.499 + 0 + 0)
=-2.499

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-1.777/2.981
=-59.61 %

* 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.


Candelaria Mining EBIT Related Terms

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Candelaria Mining (TSXV:CAND) Business Description

Traded in Other Exchanges
Address
1030 West Georgia, Suite 1012, Vancouver, BC, CAN, V6E 2Y3
Candelaria Mining Corp is a precious metals focused exploration and mining company. It has two gold projects in Mexico; the 100%-owned construction-ready high-grade Pinos gold project located in the state of Zacatecas, and the 100%-owned exploration stage Caballo Blanco project located in the state of Veracruz.
Executives
Sergio Manuel Gomez Director

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