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E3 Lithium (TSXV:ETL) EV-to-EBIT : -11.55 (As of May. 20, 2024)


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What is E3 Lithium EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, E3 Lithium's Enterprise Value is C$103.85 Mil. E3 Lithium's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-8.99 Mil. Therefore, E3 Lithium's EV-to-EBIT for today is -11.55.

The historical rank and industry rank for E3 Lithium's EV-to-EBIT or its related term are showing as below:

TSXV:ETL' s EV-to-EBIT Range Over the Past 10 Years
Min: -136.03   Med: 0   Max: 0
Current: -11.55

TSXV:ETL's EV-to-EBIT is ranked worse than
100% of 566 companies
in the Metals & Mining industry
Industry Median: 13.495 vs TSXV:ETL: -11.55

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. E3 Lithium's Enterprise Value for the quarter that ended in Dec. 2023 was C$136.52 Mil. E3 Lithium's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-8.99 Mil. E3 Lithium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.59%.


E3 Lithium EV-to-EBIT Historical Data

The historical data trend for E3 Lithium'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.

E3 Lithium EV-to-EBIT Chart

E3 Lithium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.94 -14.11 -24.22 -15.83 -15.18

E3 Lithium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-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 -15.83 -20.33 -17.02 -22.11 -15.18

Competitive Comparison of E3 Lithium's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, E3 Lithium'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.


E3 Lithium's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, E3 Lithium's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where E3 Lithium's EV-to-EBIT falls into.



E3 Lithium EV-to-EBIT Calculation

E3 Lithium's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=103.846/-8.991
=-11.55

E3 Lithium's current Enterprise Value is C$103.85 Mil.
E3 Lithium's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-8.99 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.


E3 Lithium  (TSXV:ETL) 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) %.

E3 Lithium'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 )
=-8.991/136.522374
=-6.59 %

E3 Lithium's Enterprise Value for the quarter that ended in Dec. 2023 was C$136.52 Mil.
E3 Lithium's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-8.99 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.


E3 Lithium EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of E3 Lithium's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


E3 Lithium (TSXV:ETL) Business Description

Traded in Other Exchanges
Address
300 - 5th Avenue SW, Suite 1520, Calgary, AB, CAN, T2P 3C4
E3 Lithium Ltd is a resource company with mineral properties in Alberta that is currently focused on technology development for lithium extraction from Alberta brines. It is engaged in the exploration of Clearwater and covering the Leduc Reservoir in south-central Alberta. The company's properties can be further sub-divided into five separate sub-properties namely Clearwater Sub-Property, Exshaw Sub-Property, Rocky Sub-Property, Sunbreaker Sub-Property and Drumheller Sub-Property.
Executives
John Pantazopoulos Director
Christopher Doornbos Director
Michael O'hara Director

E3 Lithium (TSXV:ETL) Headlines

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