Medinah Minerals's EBIT is $-14K, below the Materials sector average of $30B.
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+ FollowAs of Sep 30, 2023
Trailing 12 months ending Sep 30, 2023
Medinah Minerals posts a EBIT of $-14K as of September 2023. That compares with $-13K in the prior-year period — down 11.7% year over year. That is below the Materials sector average of $30B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, Medinah Minerals's EBIT was $-13K. The latest reading is $-14K — a 11.7% year-over-year decrease (period ending September 2023). Use the history and growth charts on this page for a longer lookback.
For Materials stocks, a EBIT near $30B is typical. Medinah Minerals's $-14K is lower that level. That is roughly 100.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
EBIT is one piece of Medinah Minerals's financial statement story. At $-14K, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.
Context for MDMN's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $30B), and (3) consistency with growth and profitability. This page covers the first two; Medinah Minerals's other metric pages and overview cover the third.