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Jubilee Gold Exploration (TSXV:JUB) EBIT : C$-0.26 Mil (TTM As of Dec. 2023)


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What is Jubilee Gold Exploration EBIT?

Jubilee Gold Exploration's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$0.46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jubilee Gold Exploration's annualized ROC % for the quarter that ended in Dec. 2023 was -81.21%. Jubilee Gold Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 868.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jubilee Gold Exploration's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.95%.


Jubilee Gold Exploration EBIT Historical Data

The historical data trend for Jubilee Gold Exploration'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.

Jubilee Gold Exploration EBIT Chart

Jubilee Gold Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.26 -0.25 -0.23 -0.23 0.27

Jubilee Gold Exploration Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.60 -0.08 -0.31 -0.33 0.46

Competitive Comparison of Jubilee Gold Exploration's EBIT

For the Gold subindustry, Jubilee Gold Exploration'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.


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

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

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



Jubilee Gold Exploration 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.26 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.


Jubilee Gold Exploration  (TSXV:JUB) EBIT Explanation

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

Jubilee Gold Exploration's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.348 * ( 1 - 0% )/( (0.461 + 0.396)/ 2 )
=-0.348/0.4285
=-81.21 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Jubilee Gold Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.824/( ( (0.212 + max(-0.143, 0)) + (0.208 + max(-0.127, 0)) )/ 2 )
=1.824/( ( 0.212 + 0.208 )/ 2 )
=1.824/0.21
=868.57 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.026 + 0 + 0.016) - (0.185 + 0 + 5.5511151231258E-17)
=-0.143

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.011 + 0 + 0.011) - (0.149 + 0 + 0)
=-0.127

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.261/-2.184
=11.95 %

* 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.


Jubilee Gold Exploration EBIT Related Terms

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Jubilee Gold Exploration (TSXV:JUB) Business Description

Traded in Other Exchanges
N/A
Address
696 Warden Avenue, Toronto, ON, CAN, M1L 4W4
Website
Jubilee Gold Exploration Ltd is a Canadian-based mineral exploration company. The company is engaged in the business of exploring resource properties in Canada. It primarily explores gold deposits. Its properties include Brenbar Gold Property, Casummit Lake Property, McGarry Royalty, Birney Lake Property, and Others.

Jubilee Gold Exploration (TSXV:JUB) Headlines

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