Coastal Capital Acquisition (Coastal Capital Acquisition) EBIT : $ Mil (TTM As of Sep. 2023)

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What is Coastal Capital Acquisition EBIT?

Coastal Capital Acquisition's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was $-0.01 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Coastal Capital Acquisition's annualized ROC % for the quarter that ended in Sep. 2023 was -53.85%. Coastal Capital Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -53.85%.

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

Coastal Capital Acquisition EBIT Historical Data

The historical data trend for Coastal Capital 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.

Coastal Capital Acquisition EBIT Chart

Coastal Capital Acquisition Annual Data

Trend

EBIT

Coastal Capital Acquisition Semi-Annual Data
	Sep22	Sep23
EBIT	-0.01	-0.01

Competitive Comparison of Coastal Capital Acquisition's EBIT

For the Engineering & Construction subindustry, Coastal Capital 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.

Coastal Capital Acquisition's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Coastal Capital Acquisition's EV-to-EBIT distribution charts can be found below:

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

Coastal Capital 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $ Mil.

Coastal Capital Acquisition (OTCPK:CCAJ) EBIT Explanation

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

Coastal Capital Acquisition's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2022 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-0.014 * ( 1 - 0% )	/	( (0	+	0.026)	/ 1 )
=	-0.014	/	0.026
=	-53.85 %

where

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	Invested Capital		(Q: Sep. 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	))
=	0.029	-	0	-	( 0.003	-	max(0, 0	-	0.029	+	0.003	))
=	0.026

Note: The Operating Income data used here is one times the annual (Sep. 2023) data.

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

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

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2022		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.014	/	( ( (0 + max(0, 0))	+	(0 + max(0.026, 0)) )	/	1 )
=	-0.014	/	( ( 0	+	0.026 )	/	1 )
=	-0.014	/	0.026
=	-53.85 %

where Working Capital is:

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.026)	-	(0	+	0	+	0)
=	0.026

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=		/	4.964
	=	%

Coastal Capital Acquisition EBIT Related Terms

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Coastal Capital Acquisition (Coastal Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Coastal Capital Acquisition Corp (OTCPK:CCAJ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 North Laura Street, Suite 2500, Jacksonville, FL, USA, 32202

Website

https://www.coastalcapitalacquisitioncorp.com

Coastal Capital Acquisition Corp is a shell company.

Executives

Mark A Lewis	director	200 PRESEVE ST., BOZEMAN MT 59718
Midwest Merger Management Llc	10 percent owner

Coastal Capital Acquisition (Coastal Capital Acquisition) Headlines

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