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Genius Metals (TSXV:GENI) EBIT : C$-1.23 Mil (TTM As of Jan. 2024)


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What is Genius Metals EBIT?

Genius Metals's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was C$-0.21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was C$-1.23 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Genius Metals's annualized ROC % for the quarter that ended in Jan. 2024 was -13.94%. Genius Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -14.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Genius Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -17.28%.

Genius Metals EBIT Historical Data

The historical data trend for Genius Metals'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.

Genius Metals EBIT Chart

Genius Metals Annual Data
Trend Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EBIT
Get a 7-Day Free Trial -2.15 -0.59 -1.36 -1.41 -1.01

Genius Metals 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 -0.04 -0.25 -0.47 -0.29 -0.21

Competitive Comparison of Genius Metals's EBIT

For the Gold subindustry, Genius Metals'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.

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

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

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


Genius Metals 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$-1.23 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.

Genius Metals  (TSXV:GENI) EBIT Explanation

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

Genius Metals'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 )
=-0.832 * ( 1 - 0% )/( (6.012 + 5.921)/ 2 )
=-0.832/5.9665
=-13.94 %

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))
=7.224 - 0.709 - ( 0.503 - max(0, 0.709 - 1.31+0.503))
=6.012

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))
=6.732 - 0.43 - ( 0.685 - max(0, 0.43 - 0.811+0.685))
=5.921

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

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

Genius Metals'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 )
=-0.844/( ( (5.914 + max(-0.439, 0)) + (5.921 + max(-0.417, 0)) )/ 2 )
=-0.844/( ( 5.914 + 5.921 )/ 2 )
=-0.844/5.9175
=-14.26 %

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) - (0.709 + 0 + 0)
=-0.439

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.013) - (0.43 + 0 + 0)
=-0.417

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-1.232/7.130
=-17.28 %

* 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.

Genius Metals EBIT Related Terms

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Genius Metals (TSXV:GENI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Genius Metals Inc (TSXV:GENI) » Definitions » EBIT
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TSXV:RG TSXV:PPP TSXV:IMM TSXV:TORC XCNQ:NBRK TSXV:AUMB TSXV:ETU TSXV:FG XCNQ:SPOD TSXV:MMV SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
GNSMF:USA 0FU:Germany
Address
22 Av. Lafleur N, Suite 203, Montreal, QC, CAN, J0R 1R0
Website
https://www.geniusmetals.com
Genius Metals Inc is engaged in the acquisition and exploration of gold and other mineral properties. The company operates through various projects including Sakami; Iserhoff; Meaghers; Nova Scotia; Dissimieux; and others. The company generates more revenue from gold projects.
Executives
Guy Goulet Senior Officer