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Westward Gold (XCNQ:WG) EV-to-EBIT : -5.33 (As of May. 15, 2024)


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What is Westward Gold EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Westward Gold's Enterprise Value is C$7.03 Mil. Westward Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.32 Mil. Therefore, Westward Gold's EV-to-EBIT for today is -5.33.

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

XCNQ:WG' s EV-to-EBIT Range Over the Past 10 Years
Min: -38.33   Med: 0   Max: 0
Current: -5.33

XCNQ:WG's EV-to-EBIT is ranked worse than
100% of 578 companies
in the Metals & Mining industry
Industry Median: 12.95 vs XCNQ:WG: -5.33

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Westward Gold's Enterprise Value for the quarter that ended in Dec. 2023 was C$10.47 Mil. Westward Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.32 Mil. Westward Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -12.59%.


Westward Gold EV-to-EBIT Historical Data

The historical data trend for Westward Gold'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.

Westward Gold EV-to-EBIT Chart

Westward Gold Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial - -1.24 -37.21 -3.35 -8.46

Westward Gold Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -2.68 -3.94 -8.46 -8.74 -7.94

Competitive Comparison of Westward Gold's EV-to-EBIT

For the Gold subindustry, Westward Gold'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.


Westward Gold's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Westward Gold EV-to-EBIT Calculation

Westward Gold's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7.030/-1.318
=-5.33

Westward Gold's current Enterprise Value is C$7.03 Mil.
Westward Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.32 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.


Westward Gold  (XCNQ:WG) 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) %.

Westward Gold'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 )
=-1.318/10.471046
=-12.59 %

Westward Gold's Enterprise Value for the quarter that ended in Dec. 2023 was C$10.47 Mil.
Westward Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.32 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.


Westward Gold EV-to-EBIT Related Terms

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Westward Gold (XCNQ:WG) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Westward Gold Inc is a mineral exploration company focused on developing the Toiyabe and Turquoise Canyon Projects located in the Cortez Hills area of Lander County, Nevada. It is also advancing the Mulloy Project in Northern Ontario.
Executives
Colin Moore Director, Senior Officer

Westward Gold (XCNQ:WG) Headlines

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