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Kensington Capital Acquisition V (Kensington Capital Acquisition V) EBIT : $-1.82 Mil (TTM As of Mar. 2024)


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What is Kensington Capital Acquisition V EBIT?

Kensington Capital Acquisition V's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kensington Capital Acquisition V's annualized ROC % for the quarter that ended in Mar. 2024 was -2.25%. Kensington Capital Acquisition V's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kensington Capital Acquisition V's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.43%.


Kensington Capital Acquisition V EBIT Historical Data

The historical data trend for Kensington Capital Acquisition V'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.

Kensington Capital Acquisition V EBIT Chart

Kensington Capital Acquisition V Annual Data
Trend Dec21 Dec22 Dec23
EBIT
- -1.33 -2.58

Kensington Capital Acquisition V Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.04 -0.88 -0.43 -0.22 -0.29

Competitive Comparison of Kensington Capital Acquisition V's EBIT

For the Shell Companies subindustry, Kensington Capital Acquisition V'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.


Kensington Capital Acquisition V's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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



Kensington Capital Acquisition V 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.82 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.


Kensington Capital Acquisition V  (NYSE:KCGI) EBIT Explanation

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

Kensington Capital Acquisition V's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-1.144 * ( 1 - 0% )/( (50.318 + 51.183)/ 2 )
=-1.144/50.7505
=-2.25 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Kensington Capital Acquisition V's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.144/( ( (0 + max(-2.147, 0)) + (0 + max(-2.329, 0)) )/ 2 )
=-1.144/( ( 0 + 0 )/ 2 )
=-1.144/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.127) - (2.273 + 0 + 0.00099999999999989)
=-2.147

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.078) - (2.407 + 0 + 0)
=-2.329

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-1.819/126.765
=-1.43 %

* 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.


Kensington Capital Acquisition V EBIT Related Terms

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Kensington Capital Acquisition V (Kensington Capital Acquisition V) Business Description

Traded in Other Exchanges
N/A
Address
1400 Old Country Road, Suite 301, Westbury, NY, USA, 11590
Kensington Capital Acquisition Corp V is a blank check company.
Executives
Peter Allan Goode officer: Chief Technology Officer C/O KENSINGTON CAPITAL ACQUISITION CORP., 1400 OLD COUNTRY ROAD, SUITE 301, WESTBURY NY 11590
William E Kassling director C/O WASTEC, 10001 AIR BREAK AVE, WILMERDING PA 15148
Steeg Nickolas Vande director PARKER HANNIFIN CORP, 6035 PARKLAND BLVD, CLEVELAND OH 44112
Mitchell I Quain director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Justin E Mirro director, 10 percent owner, officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Anders Pettersson director CARITASGATAN 23A, LIMHAMN V7 216 18
Daniel Elliot Huber officer: Chief Financial Officer 3355 PIERSON DRIVE, WILMINGTON DE 19810
John Andrew Arney director, officer: Vice Chairman and President 7-10 ADAM STREET, LONDON X0 WC2N 6AA
Mark Robertshaw director BOSINNEY, THE LEIGH, KINGSTON UPON THAMES, SURREY X0 KT2 7DS
Julian Philipp Ameler officer: Head of Business Development 7-10 ADAM STREET, LONDON X0 WC2N 6AA
Kensington Capital Sponsor V Llc 10 percent owner 1400 OLD COUNTRY ROAD, SUITE 301, WESTBURY NY 11590