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Equinox Gold (TSX:EQX) EV-to-EBIT : 37.45 (As of May. 01, 2024)


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What is Equinox Gold EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Equinox Gold's Enterprise Value is C$3,782 Mil. Equinox Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$101 Mil. Therefore, Equinox Gold's EV-to-EBIT for today is 37.45.

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

TSX:EQX' s EV-to-EBIT Range Over the Past 10 Years
Min: -2017.9   Med: 4.39   Max: 464.46
Current: 37.45

During the past 13 years, the highest EV-to-EBIT of Equinox Gold was 464.46. The lowest was -2017.90. And the median was 4.39.

TSX:EQX's EV-to-EBIT is ranked worse than
84.3% of 567 companies
in the Metals & Mining industry
Industry Median: 12.91 vs TSX:EQX: 37.45

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Equinox Gold's Enterprise Value for the quarter that ended in Dec. 2023 was C$2,934 Mil. Equinox Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$101 Mil. Equinox Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.44%.


Equinox Gold EV-to-EBIT Historical Data

The historical data trend for Equinox 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.

Equinox Gold EV-to-EBIT Chart

Equinox Gold 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 243.12 32.58 3.53 -27.68 29.18

Equinox Gold 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 -27.68 -72.47 66.83 35.51 29.18

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

For the Gold subindustry, Equinox 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.


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

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

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



Equinox Gold EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3781.683/100.987
=37.45

Equinox Gold's current Enterprise Value is C$3,782 Mil.
Equinox 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$101 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.


Equinox Gold  (TSX:EQX) 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) %.

Equinox 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 )
=100.987/2934.41116
=3.44 %

Equinox Gold's Enterprise Value for the quarter that ended in Dec. 2023 was C$2,934 Mil.
Equinox 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$101 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.


Equinox Gold EV-to-EBIT Related Terms

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


Equinox Gold (TSX:EQX) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6C 1G8
Equinox Gold Corp is a mining company engaged in the operation, acquisition, exploration and development of mineral properties, with a focus on gold. Equinox Gold has around seven operating gold mines and a clear plan to increase production by advancing a pipeline of growth projects.