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Thesis Gold (TSXV:TAU) EBIT : C$-3.50 Mil (TTM As of Nov. 2023)


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What is Thesis Gold EBIT?

Thesis Gold's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2023 was C$-0.63 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2023 was C$-3.50 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thesis Gold's annualized ROC % for the quarter that ended in Nov. 2023 was -1.31%. Thesis Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -1.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thesis Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -3.06%.


Thesis Gold EBIT Historical Data

The historical data trend for Thesis 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.

Thesis Gold EBIT Chart

Thesis Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.11 -2.32 -5.57 -12.28 -3.89

Thesis Gold Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -0.95 -0.65 -0.86 -1.36 -0.63

Competitive Comparison of Thesis Gold's EBIT

For the Other Industrial Metals & Mining subindustry, Thesis 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.


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

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

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



Thesis 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.50 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.


Thesis Gold  (TSXV:TAU) EBIT Explanation

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

Thesis Gold's annualized ROC % for the quarter that ended in Nov. 2023 is calculated as:

ROC % (Q: Nov. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Nov. 2023 ))/ count )
=-2.528 * ( 1 - 16.01% )/( (154.032 + 169.641)/ 2 )
=-2.1232672/161.8365
=-1.31 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Nov. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Nov. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.528/( ( (152.26 + max(-9.968, 0)) + (167.266 + max(-3.967, 0)) )/ 2 )
=-2.528/( ( 152.26 + 167.266 )/ 2 )
=-2.528/159.763
=-1.58 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1.128) - (11.095 + 0 + 0.00099999999999945)
=-9.968

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1.003) - (4.526 + 0.444 + 8.8817841970013E-16)
=-3.967

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2023 )
=-3.504/114.583
=-3.06 %

* 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.


Thesis Gold EBIT Related Terms

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Thesis Gold (TSXV:TAU) Business Description

Traded in Other Exchanges
Address
10545-45 Avenue NW, 250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9
Thesis Gold Inc Formerly Benchmark Metals Inc is a gold and silver company advancing its 100% owned Lawyer's Gold-Silver Project located in the Golden Horseshoe of northern British Columbia, Canada. The project consists of three mineralized deposits that remain open for expansion, in addition to plus 20 new target areas along the 20-kilometre trend.

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