Triumph Gold (TSXV:TIG) EBIT : C$-1.19 Mil (TTM As of Dec. 2023)

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What is Triumph Gold EBIT?

Triumph Gold's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-0.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.19 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Triumph Gold's annualized ROC % for the quarter that ended in Dec. 2023 was -21.90%. Triumph Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -21.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Triumph Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -11.57%.

Triumph Gold EBIT Historical Data

The historical data trend for Triumph 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.

Triumph Gold EBIT Chart

Triumph Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-5.22

-5.03

-5.13

-1.41

-1.19

Triumph Gold 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															-0.24	-0.30	-0.21	-0.48	-0.20

Competitive Comparison of Triumph Gold's EBIT

For the Other Industrial Metals & Mining subindustry, Triumph 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.

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

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

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

Triumph 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.19 Mil.

Triumph Gold (TSXV:TIG) EBIT Explanation

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

Triumph Gold'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 )
=	-0.82 * ( 1 - 0% )	/	( (3.745	+	3.744)	/ 2 )
=	-0.82	/	3.7445
=	-21.90 %

where

	Invested Capital		(Q: Sep. 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	))
=	4.185	-	0.225	-	( 0.38	-	max(0, 0.225	-	0.44	+	0.38	))
=	3.745

	Invested Capital		(Q: Dec. 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	))
=	4.021	-	0.248	-	( 0.193	-	max(0, 0.248	-	0.277	+	0.193	))
=	3.744

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

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

Triumph Gold'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 )
=	-0.816	/	( ( (3.745 + max(-0.165, 0))	+	(3.743 + max(-0.164, 0)) )	/	2 )
=	-0.816	/	( ( 3.745	+	3.743 )	/	2 )
=	-0.816	/	3.744
=	-21.79 %

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)
=	(0.033	+	0	+	0.027)	-	(0.225	+	0	+	0)
=	-0.165

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.055	+	0	+	0.029)	-	(0.248	+	0	+	0)
=	-0.164

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-1.192	/	10.304
	=	-11.57 %

Triumph Gold EBIT Related Terms

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Triumph Gold (TSXV:TIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Triumph Gold Corp (TSXV:TIG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

TIGCF:USA 8N6:Germany

Address

1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6

Website

https://www.triumphgoldcorp.com

Triumph Gold Corp is an exploration and development company with a district-scale land package in mining-friendly Yukon. The company's 100% owned flagship Freegold Mountain Project is located in the Dawson Range and is host to three NI 43-101 Mineral Deposits. The company also owns 100% of the Big Creek and Tad/Toro copper-gold Properties, situated within the Dawson Range. The Company operates in one operating segment, that being the exploration of mineral properties.

Executives

Palisade Global Investments Ltd.

10% Security Holder