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Highbank Resources (TSXV:HBK) EV-to-EBIT : -39.64 (As of May. 11, 2024)


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What is Highbank Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Highbank Resources's Enterprise Value is C$8.48 Mil. Highbank Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.21 Mil. Therefore, Highbank Resources's EV-to-EBIT for today is -39.64.

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

TSXV:HBK' s EV-to-EBIT Range Over the Past 10 Years
Min: -49.56   Med: 0   Max: 0
Current: -39.64

TSXV:HBK's EV-to-EBIT is ranked worse than
100% of 574 companies
in the Metals & Mining industry
Industry Median: 12.975 vs TSXV:HBK: -39.64

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Highbank Resources's Enterprise Value for the quarter that ended in Dec. 2023 was C$8.60 Mil. Highbank Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.21 Mil. Highbank Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.49%.


Highbank Resources EV-to-EBIT Historical Data

The historical data trend for Highbank 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.

Highbank Resources EV-to-EBIT Chart

Highbank Resources 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 -4.15 -5.15 -1.05 -29.68 -40.19

Highbank 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 -29.68 -31.25 -35.76 -46.89 -40.19

Competitive Comparison of Highbank Resources's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Highbank 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.


Highbank Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Highbank Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8.484/-0.214
=-39.64

Highbank Resources's current Enterprise Value is C$8.48 Mil.
Highbank Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.21 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.


Highbank Resources  (TSXV:HBK) 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) %.

Highbank 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 )
=-0.214/8.600517
=-2.49 %

Highbank Resources's Enterprise Value for the quarter that ended in Dec. 2023 was C$8.60 Mil.
Highbank Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.21 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.


Highbank Resources EV-to-EBIT Related Terms

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


Highbank Resources (TSXV:HBK) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Highbank Resources Ltd is engaged in the business of acquisition, exploration, and development of mineral resource properties in Canada. The company's project includes the Swamp Point North project.