GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Ridge Resources Ltd (TSXV:GLDN) » Definitions » EV-to-EBIT

Golden Ridge Resources (TSXV:GLDN) EV-to-EBIT : -6.24 (As of May. 25, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Golden Ridge Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Golden Ridge Resources's Enterprise Value is C$2.40 Mil. Golden Ridge Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.38 Mil. Therefore, Golden Ridge Resources's EV-to-EBIT for today is -6.24.

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

TSXV:GLDN' s EV-to-EBIT Range Over the Past 10 Years
Min: -42.81   Med: 0   Max: 2.31
Current: -6.24

During the past 13 years, the highest EV-to-EBIT of Golden Ridge Resources was 2.31. The lowest was -42.81. And the median was 0.00.

TSXV:GLDN's EV-to-EBIT is ranked worse than
100% of 566 companies
in the Metals & Mining industry
Industry Median: 13.12 vs TSXV:GLDN: -6.24

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Golden Ridge Resources's Enterprise Value for the quarter that ended in Dec. 2023 was C$2.10 Mil. Golden Ridge Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.38 Mil. Golden Ridge Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -18.27%.


Golden Ridge Resources EV-to-EBIT Historical Data

The historical data trend for Golden Ridge Resources'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 Ridge Resources EV-to-EBIT Chart

Golden Ridge Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.00 -4.92 -14.84 -0.69 -0.50

Golden Ridge Resources 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 -1.54 -2.04 -0.50 -1.19 -5.47

Competitive Comparison of Golden Ridge Resources's EV-to-EBIT

For the Other Precious Metals & Mining subindustry, Golden Ridge Resources'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 Ridge Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Golden Ridge Resources EV-to-EBIT Calculation

Golden Ridge Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2.395/-0.384
=-6.24

Golden Ridge Resources's current Enterprise Value is C$2.40 Mil.
Golden Ridge Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.38 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.


Golden Ridge Resources  (TSXV:GLDN) 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 Ridge Resources'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 )
=-0.384/2.1020105
=-18.27 %

Golden Ridge Resources's Enterprise Value for the quarter that ended in Dec. 2023 was C$2.10 Mil.
Golden Ridge Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.38 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.


Golden Ridge Resources EV-to-EBIT Related Terms

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


Golden Ridge Resources (TSXV:GLDN) Business Description

Traded in Other Exchanges
Address
335 - 1632 Dickson Avenue, Landmark 3, Kelowna, BC, CAN, V1Y 7T2
Golden Ridge Resources Ltd is an exploration-stage company. It is engaged in the identification, evaluation, and acquisition of mineral properties. Its current properties include mineral properties located in British Columbia and the Yukon. Its projects are Hank Property, Newfoundland, Royalle Au-Ag Project, and North Canol. It has one reportable operating segment, being that of acquisition and exploration and evaluation activities in Canada.

Golden Ridge Resources (TSXV:GLDN) Headlines

No Headlines