PolarX EBITDA
What is the EBITDA of PolarX?
The EBITDA of PolarX Limited is -AUD$1.59
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 PolarX
What does PolarX do?
PolarX Limited engages in the exploration and development of mineral properties in the United States. The company explores for copper, silver, and gold deposits. Its principal property is the Alaska Range project, which comprise Stellar and Caribou Dome project covering an area of approximately 262 square kilometers located in Alaska. The company was incorporated in 1945 and is based in Subiaco, Australia.
Companies with ebitda similar to PolarX
- Quantum Numbers has EBITDA of -CAD$1.60
- Northcliff Resources has EBITDA of -CAD$1.59
- Defense Technologies International has EBITDA of -$1.59
- Cygnus Gold has EBITDA of -AUD$1.59
- LiteLink Technologies has EBITDA of -$1.59
- Kiplin Metals has EBITDA of -CAD$1.59
- PolarX has EBITDA of -AUD$1.59
- Leaf of Faith Beverage has EBITDA of -$1.58
- Karnalyte Resources has EBITDA of -CAD$1.58
- 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