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Capitalworks Emerging Markets Acquisition (Capitalworks Emerging Markets Acquisition) EBIT : $-2.37 Mil (TTM As of Dec. 2023)


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What is Capitalworks Emerging Markets Acquisition EBIT?

Capitalworks Emerging Markets Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.33 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.37 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Capitalworks Emerging Markets Acquisition's annualized ROC % for the quarter that ended in Dec. 2023 was -2.75%. Capitalworks Emerging Markets Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Capitalworks Emerging Markets Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3.01%.


Capitalworks Emerging Markets Acquisition EBIT Historical Data

The historical data trend for Capitalworks Emerging Markets 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.

Capitalworks Emerging Markets Acquisition EBIT Chart

Capitalworks Emerging Markets Acquisition Annual Data
Trend Mar22 Mar23
EBIT
-0.41 -2.52

Capitalworks Emerging Markets Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.27 -1.11 -0.60 -0.33 -0.33

Competitive Comparison of Capitalworks Emerging Markets Acquisition's EBIT

For the Shell Companies subindustry, Capitalworks Emerging Markets 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.


Capitalworks Emerging Markets Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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



Capitalworks Emerging Markets 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.37 Mil.

* 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.


Capitalworks Emerging Markets Acquisition  (NAS:CMCA) EBIT Explanation

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

Capitalworks Emerging Markets Acquisition's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-1.32 * ( 1 - 0% )/( (47.479 + 48.65)/ 2 )
=-1.32/48.0645
=-2.75 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Capitalworks Emerging Markets Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.32/( ( (0 + max(-0.79, 0)) + (0 + max(-0.849, 0)) )/ 2 )
=-1.32/( ( 0 + 0 )/ 2 )
=-1.32/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.05) - (0.84 + 0 + 4.4408920985006E-16)
=-0.79

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.053) - (0.902 + 0 + 0)
=-0.849

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-2.366/78.677
=-3.01 %

* 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.


Capitalworks Emerging Markets Acquisition EBIT Related Terms

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Capitalworks Emerging Markets Acquisition (Capitalworks Emerging Markets Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 11th Floor, New York, NY, USA, 10105
Capitalworks Emerging Markets Acquisition Corp is a blank check company.
Executives
Michael Faber director 701 PENNSYLVANIA AVENUE NW, SUITE 900, WASHINGTON DC DC 20004
Herman Kotze officer: CFO and Secretary 4TH FLOOR, NORTH WING, PRESIDENT PLACE, CNR JAN SMUTS AVENUE, ROSEBANK, JOHANNESBURG T3 RSA
Darius James Roth director 25 WEST 39TH STREET, SUITE 700, NEW YORK NY 10018
Olivia Ouyang director 25 WEST 39TH STREET, SUITE 700, NEW YORK NY 10018
Whitney Baker director 25 WEST 39TH STREET, SUITE 700, NEW YORK NY 10018
Cemac Sponsor Lp 10 percent owner 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Roberta F. Brzezinski director, officer: Chief Executive Officer 25 WEST 39TH STREET, SUITE 700, NEW YORK NY 10018
Neil Harper director 25 WEST 39TH STREET, SUITE 700, NEW YORK NY 10018