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Metalite Resources (XCNQ:METL) EV-to-EBIT : -0.59 (As of May. 15, 2024)


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What is Metalite Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Metalite Resources's Enterprise Value is C$0.67 Mil. Metalite Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.14 Mil. Therefore, Metalite Resources's EV-to-EBIT for today is -0.59.

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

XCNQ:METL' s EV-to-EBIT Range Over the Past 10 Years
Min: -70.44   Med: 0   Max: 0
Current: -0.59

XCNQ:METL's EV-to-EBIT is ranked worse than
100% of 578 companies
in the Metals & Mining industry
Industry Median: 12.95 vs XCNQ:METL: -0.59

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Metalite Resources's Enterprise Value for the quarter that ended in Dec. 2023 was C$0.55 Mil. Metalite Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.14 Mil. Metalite Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -207.96%.


Metalite Resources EV-to-EBIT Historical Data

The historical data trend for Metalite 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.

Metalite Resources EV-to-EBIT Chart

Metalite Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- -57.19 266.01 -1.27 -0.48

Metalite Resources Quarterly Data
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 -1.27 -0.93 -0.25 -0.13 -0.48

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

For the Gold subindustry, Metalite 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.


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

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

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



Metalite Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=0.674/-1.139
=-0.59

Metalite Resources's current Enterprise Value is C$0.67 Mil.
Metalite Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.14 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.


Metalite Resources  (XCNQ:METL) 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) %.

Metalite 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 )
=-1.139/0.54771
=-207.96 %

Metalite Resources's Enterprise Value for the quarter that ended in Dec. 2023 was C$0.55 Mil.
Metalite Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.14 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.


Metalite Resources EV-to-EBIT Related Terms

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


Metalite Resources (XCNQ:METL) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Metalite Resources Inc is in the exploration for mineral resources in New South Wales, Australia.

Metalite Resources (XCNQ:METL) Headlines

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