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Jaws Spitfire Acquisition (Jaws Spitfire Acquisition) EBIT : $ Mil (TTM As of Dec. 2020)


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What is Jaws Spitfire Acquisition EBIT?

Jaws Spitfire Acquisition's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2020 was $0.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jaws Spitfire Acquisition's annualized ROC % for the quarter that ended in Dec. 2020 was 0.00%. Jaws Spitfire Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was 0.00%.

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

Jaws Spitfire Acquisition EBIT Historical Data

The historical data trend for Jaws Spitfire 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.

Jaws Spitfire Acquisition EBIT Chart

Jaws Spitfire Acquisition Annual Data
Trend Dec20
EBIT
-

Jaws Spitfire Acquisition Semi-Annual Data
Aug20 Dec20
EBIT - -

Competitive Comparison of Jaws Spitfire Acquisition's EBIT

For the Shell Companies subindustry, Jaws Spitfire 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.

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

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

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


Jaws Spitfire 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 Dec. 2020 was $ 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.

Jaws Spitfire Acquisition  (NYSE:SPFR.WS) EBIT Explanation

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

Jaws Spitfire Acquisition's annualized ROC % for the quarter that ended in Dec. 2020 is calculated as:

ROC % (Q: Dec. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2020 ) + Invested Capital (Q: Dec. 2020 ))/ count )
=0 * ( 1 - % )/( (0.07 + 345.29)/ 2 )
=0/172.68
=0.00 %

where

Invested Capital(Q: Aug. 2020 )
=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))
=0.065 - 0.04 - ( 0 - max(0, 0.045 - 0+0))
=0.07

Invested Capital(Q: Dec. 2020 )
=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))
=347.395 - 0.437 - ( 1.668 - max(0, 0.705 - 2.395+1.668))
=345.29

Note: The Operating Income data used here is one times the annual (Dec. 2020) data.

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

Jaws Spitfire Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2020  Q: Dec. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0 + max(-0.04, 0)) + (0 + max(0.29, 0)) )/ 2 )
=0/( ( 0 + 0.29 )/ 2 )
=0/0.145
=0.00 %

where Working Capital is:

Working Capital(Q: Aug. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.04 + 0 + 0)
=-0.04

Working Capital(Q: Dec. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.727) - (0.437 + 0 + -1.1102230246252E-16)
=0.29

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2020) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2020 )
=/0.000
= %

* 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.

Jaws Spitfire Acquisition EBIT Related Terms

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Jaws Spitfire Acquisition (Jaws Spitfire Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jaws Spitfire Acquisition Corp (NYSE:SPFR.WS) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
1601 Washington Avenue, Suite 800, Miami Beach, FL, USA, 33139
Website
Jaws Spitfire Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.