GigCapital5 (GigCapital5) EBIT : $-4.21 Mil (TTM As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is GigCapital5 EBIT?

GigCapital5's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.38 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-4.21 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GigCapital5's annualized ROC % for the quarter that ended in Sep. 2023 was -13.32%. GigCapital5's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GigCapital5's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -12.72%.

GigCapital5 EBIT Historical Data

The historical data trend for GigCapital5'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.

GigCapital5 EBIT Chart

GigCapital5 Annual Data

Trend

Dec21

Dec22

EBIT

-1.11

-2.27

GigCapital5 Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial						-0.10	-1.25	-1.33	-1.26	-0.38

Competitive Comparison of GigCapital5's EBIT

For the Shell Companies subindustry, GigCapital5'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.

GigCapital5's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GigCapital5's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where GigCapital5's EV-to-EBIT falls into.

GigCapital5 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.21 Mil.

GigCapital5 (NAS:GIA) EBIT Explanation

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

GigCapital5'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: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-3.116 * ( 1 - -28.47% )	/	( (34.665	+	25.447)	/ 2 )
=	-4.0031252	/	30.056
=	-13.32 %

where

	Invested Capital		(Q: Jun. 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	))
=	32.551	-	5.723	-	( 0.007	-	max(0, 8.023	-	0.186	+	0.007	))
=	34.665

	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	))
=	23.139	-	6.355	-	( 0.122	-	max(0, 8.931	-	0.268	+	0.122	))
=	25.447

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

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

GigCapital5'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: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.512	/	( ( (0 + max(-5.676, 0))	+	(0 + max(-6.347, 0)) )	/	2 )
=	-1.512	/	( ( 0	+	0 )	/	2 )
=	-1.512	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.047)	-	(5.723	+	0	+	0)
=	-5.676

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.008)	-	(6.355	+	0	+	-1.7763568394003E-15)
=	-6.347

When net working capital is negative, 0 is used.

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

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

GigCapital5's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-4.21	/	33.102
	=	-12.72 %

GigCapital5 EBIT Related Terms

Thank you for viewing the detailed overview of GigCapital5's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

GigCapital5 (GigCapital5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » GigCapital5 Inc (NAS:GIA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1731 Embarcadero Road, Suite 200, Palo Alto, CA, USA, 94303

Website

https://www.gigcapitalglobal.com

GigCapital5 Inc is a blank check company.

Executives

Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Sharmila Makhija	director	1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303
Dorothy D Hayes	director	P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Neil Miotto	director, 10 percent owner	2146 HARKINS AVE, MENLO PARK CA 94025
Avi S Katz	director, 10 percent owner, officer: Executive Chairman	C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Walter Bradford Weightman	officer: Treasurer and CFO	C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD, SUITE 200, PALO ALTO CA 94303
Raluca Dinu	director, 10 percent owner, officer: President, CEO and Secretary	C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Raanan Horowitz	director	C/O GIGCAPITAL5, INC., 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Gigacquisitions5, Llc	10 percent owner	1731 EMBARCADERO ROAD SUITE 200, PALO ALTO CA 94303