Davenport Resources EBITDA
What is the EBITDA of Davenport Resources?
The EBITDA of Davenport Resources Limited is -$1.57
What is the definition of EBITDA?
EBITDA is a company’s earnings before interest, taxes, depreciation, and amortization and is an accounting measure calculated using a company’s net earnings, before interest expenses, taxes, depreciation and amortization are subtracted, as a proxy for a company’s current operating profitability.
ttm (trailing twelve months)
Although EBITDA is not a financial measure recognized in generally accepted accounting principles, it is widely used in many areas of finance when assessing the performance of a company, such as securities analysis. It is intended to allow a comparison of profitability between different companies, by discounting the effects of interest payments from different forms of financing (by ignoring interest payments), political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill). EBITDA is a financial measurement of cash flow from operations that is widely used in mergers and acquisitions of small businesses and businesses in the middle market. It is not unusual for adjustments to be made to EBITDA to normalize the measurement allowing buyers to compare the performance of one business to another.
EBITDA of companies in the Materials sector on ASX compared to Davenport Resources
What does Davenport Resources do?
Davenport Resources Limited explores for and develops mineral properties in Germany. The company primarily explores for potash, copper, iron, and gold deposits. Its project portfolio comprises the South Harz project that includes two exploration licenses located in Thüringen, Germany; and the Southern Cross Bore project which covers approximately 600km2 area located in Alice Springs, Australia's Northern Territory. Davenport Resources Limited is headquartered in West Perth, Australia.
Companies with ebitda similar to Davenport Resources
- Neo Battery Materials has EBITDA of -CAD$1.58
- Research Frontiers has EBITDA of -$1.58
- Admiralty Resources NL has EBITDA of -AUD$1.58
- Alara Resources has EBITDA of -AUD$1.57
- CBLT has EBITDA of -CAD$1.57
- K has EBITDA of -SGD$1.57
- Davenport Resources has EBITDA of -$1.57
- Omni-Lite Industries Canada has EBITDA of -$1.57
- Rde Inc has EBITDA of -$1.57
- Mamba Exploration has EBITDA of -AUD$1.57
- K2 Asset Management Ltd has EBITDA of -AUD$1.57
- Outcrop Gold has EBITDA of -$1.56
- Arianne Phosphate has EBITDA of -CAD$1.56