Zacatecas Silver (Zacatecas Silver) EBIT : $-3.77 Mil (TTM As of Dec. 2023)

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What is Zacatecas Silver EBIT?

Zacatecas Silver's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.77 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zacatecas Silver's annualized ROC % for the quarter that ended in Dec. 2023 was -4.60%. Zacatecas Silver's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zacatecas Silver's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -20.27%.

Zacatecas Silver EBIT Historical Data

The historical data trend for Zacatecas Silver'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.

Zacatecas Silver EBIT Chart

Zacatecas Silver Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

EBIT

-5.42

-9.45

-3.79

Zacatecas Silver Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial								-2.39	-1.42	-1.21	-0.63	-0.51

Competitive Comparison of Zacatecas Silver's EBIT

For the Silver subindustry, Zacatecas Silver'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.

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

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

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

Zacatecas Silver 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 $-3.77 Mil.

Zacatecas Silver (OTCPK:ZCTSF) EBIT Explanation

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

Zacatecas Silver'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 )
=	-2.056 * ( 1 - 0% )	/	( (47.75	+	41.574)	/ 2 )
=	-2.056	/	44.662
=	-4.60 %

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	))
=	35.218	-	0.733	-	( 0.064	-	max(0, 13.427	-	0.162	+	0.064	))
=	47.75

	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	))
=	35.411	-	1.082	-	( 0.01	-	max(0, 7.305	-	0.06	+	0.01	))
=	41.574

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

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

Zacatecas Silver'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 )
=	-2.056	/	( ( (35.057 + max(-13.383, 0))	+	(35.35 + max(-7.306, 0)) )	/	2 )
=	-2.056	/	( ( 35.057	+	35.35 )	/	2 )
=	-2.056	/	35.2035
=	-5.84 %

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	+	0	+	0.044)	-	(0.733	+	0	+	12.694)
=	-13.383

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	-0.001)	-	(1.082	+	0	+	6.223)
=	-7.306

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:

Zacatecas Silver's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-3.769	/	18.595
	=	-20.27 %

Zacatecas Silver EBIT Related Terms

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Zacatecas Silver (Zacatecas Silver) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zacatecas Silver Corp (OTCPK:ZCTSF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

7TV:Germany ZAC:Canada

Address

1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7

Website

https://www.zacatecassilver.com

Zacatecas Silver Corp is engaged in the acquisition of silver properties. The Company has two key projects. The Esperanza Gold Project in Morelos State, Mexico and the Zacatecas Silver Project in Zacatecas State, Mexico.