Admiral Acquisition (Admiral Acquisition) EBIT : $ Mil (TTM As of Nov. 2023)

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What is Admiral Acquisition EBIT?

Admiral Acquisition's earnings before interest and taxes (EBIT) for the six months ended in Nov. 2023 was $-1.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Admiral Acquisition's annualized ROC % for the quarter that ended in Nov. 2023 was -369.67%. Admiral Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Admiral Acquisition EBIT Historical Data

The historical data trend for Admiral Acquisition's 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.

Admiral Acquisition EBIT Chart

Admiral Acquisition Annual Data

Trend

Nov23

EBIT

-1.29

Admiral Acquisition Semi-Annual Data
	May23	Nov23
EBIT	-0.25	-1.04

Competitive Comparison of Admiral Acquisition's EBIT

For the Shell Companies subindustry, Admiral Acquisition'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.

Admiral Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Admiral Acquisition's EV-to-EBIT distribution charts can be found below:

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

Admiral Acquisition EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $ Mil.

Admiral Acquisition (OTCPK:ADMWF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Admiral Acquisition's annualized ROC % for the quarter that ended in Nov. 2023 is calculated as:

	ROC % (Q: Nov. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: May. 2023 )	+	Invested Capital (Q: Nov. 2023 ))	/ count )
=	-2.072 * ( 1 - 0% )	/	( (0.49599999999998	+	0.625)	/ 2 )
=	-2.072	/	0.56049999999999
=	-369.67 %

where

	Invested Capital		(Q: May. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	540.632	-	0	-	( 540.222	-	max(0, 0.496	-	540.632	+	540.222	))
=	0.49599999999998

	Invested Capital		(Q: Nov. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	553.852	-	0	-	( 553.451	-	max(0, 0.625	-	553.852	+	553.451	))
=	0.625

Note: The Operating Income data used here is two times the semi-annual (Nov. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Admiral Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Nov. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: May. 2023		Q: Nov. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.072	/	( ( (0 + max(-0.086000000000032, 0))	+	(0 + max(-0.22400000000005, 0)) )	/	2 )
=	-2.072	/	( ( 0	+	0 )	/	2 )
=	-2.072	/	0
=	%

where Working Capital is:

	Working Capital		(Q: May. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.40999999999997)	-	(0	+	0	+	0.496)
=	-0.086000000000032

	Working Capital		(Q: Nov. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.40099999999995)	-	(0	+	0	+	0.625)
=	-0.22400000000005

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Nov. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Admiral Acquisition's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Nov. 2023 )
	=		/	0.000
	=	%

Admiral Acquisition EBIT Related Terms

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Admiral Acquisition (Admiral Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Admiral Acquisition Ltd (OTCPK:ADMWF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

ADMNF:USA ADMR:UK

Address

Wickhams Cay II, Ritter House, Road Town, Tortola, VGB, VG1110

Website

https://www.admiralacquisition.com

Admiral Acquisition Ltd is a blank check company.

Admiral Acquisition (Admiral Acquisition) Headlines

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