Golden State Mining (ASX:GSM) EV-to-EBIT : -0.15 (As of Jun. 06, 2024)

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What is Golden State Mining EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Golden State Mining's Enterprise Value is A$0.54 Mil. Golden State Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.57 Mil. Therefore, Golden State Mining's EV-to-EBIT for today is -0.15.

The historical rank and industry rank for Golden State Mining's EV-to-EBIT or its related term are showing as below:

ASX:GSM' s EV-to-EBIT Range Over the Past 10 Years
Min: -9.63 Med: 0 Max: 0
Current: -0.15

ASX:GSM's EV-to-EBIT is ranked worse than
100% of 567 companies
in the Metals & Mining industry
Industry Median: 12.65 vs ASX:GSM: -0.15

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Golden State Mining's Enterprise Value for the quarter that ended in Dec. 2023 was A$1.66 Mil. Golden State Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.57 Mil. Golden State Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -215.70%.

Golden State Mining EV-to-EBIT Historical Data

The historical data trend for Golden State Mining's EV-to-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.

Golden State Mining EV-to-EBIT Chart

Golden State Mining Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

EV-to-EBIT

-0.08

-13.95

-1.73

-0.24

-1.38

Golden State Mining Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial						-	-0.24	-	-1.38	-

Competitive Comparison of Golden State Mining's EV-to-EBIT

For the Gold subindustry, Golden State Mining'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.

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

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

* The bar in red indicates where Golden State Mining's EV-to-EBIT falls into.

Golden State Mining EV-to-EBIT Calculation

Golden State Mining's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	0.538	/	-3.571
	=	-0.15

Golden State Mining's current Enterprise Value is A$0.54 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Golden State Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.57 Mil.

Golden State Mining (ASX:GSM) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Golden State Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 )	=	EBIT	/	Enterprise Value (Q: Dec. 2023 )
	=	-3.571	/	1.655565
	=	-215.70 %

Golden State Mining's Enterprise Value for the quarter that ended in Dec. 2023 was A$1.66 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Golden State Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.57 Mil.

Golden State Mining EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Golden State Mining's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden State Mining (ASX:GSM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden State Mining Ltd (ASX:GSM) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

19-21 Outram Street, Suite 15, West Perth, Perth, WA, AUS, 6005

Website

https://www.goldenstatemining.com.au

Golden State Mining Ltd is a resources exploration company. It is mainly engaged in the acquisition and exploration of assets in Western Australia. The firm is occupied in the exploration of the Murchison Project, Yule Project, Four Mile Well Project, Paynes Find Lithium Project, Southern Cross Gold Project, Yamarna Nickel Project, Ashburton Base Metals Project in Western Australia.