Champion Iron Ltd. :CIA-CA: Earnings Analysis: Q2, 2017 By the Numbers : November 29, 2016

Champion Iron Ltd. reports financial results for the quarter ended September 30, 2016.

Analysis

• Summary numbers: Revenues of CAD 0 million, Net Earnings of CAD -5.43 million.

• The company did not record any revenues for the last twelve months making the comparison of net margin versus asset turnover meaningless.

• CIA-CA‘s earnings and EBITDA are both negative which suggest that P/E or Price/EBITDA are not meaningful to make this analysis between operating advantage (ROE) and growth expectations (as suggested by P/E or P/EBITDA).

• Cash and Cash equivalents were up this period to 27.37 million compared to 3.82 million in the same period last year.

• We consider the company to have a Quick & Able profile as it currently does not have any debt. In comparison, the median level of debt as percent of enterprise value for its peer group is currently 0%.

• Of the 4 chosen peers for the company, only 2 of the stocks have an outstanding debt balance. Companies with no debt include MSB-US and MTS-CA.

• Net income of -5.43 million this period compared to a net income of -4.74 million last period. This is a growth of -14.64% over the previous period. In comparison, the peer group grew at -14.64%

Access our Ratings and Scores for Champion Iron Ltd.

Access our Ratings and Scores for Champion Iron Ltd.