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Israel Acquisitions (Israel Acquisitions) EBIT : $-1.05 Mil (TTM As of Dec. 2023)


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What is Israel Acquisitions EBIT?

Israel Acquisitions's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.05 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Israel Acquisitions's annualized ROC % for the quarter that ended in Dec. 2023 was -0.83%. Israel Acquisitions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Israel Acquisitions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.75%.

Israel Acquisitions EBIT Historical Data

The historical data trend for Israel Acquisitions'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.

Israel Acquisitions EBIT Chart

Israel Acquisitions Annual Data
Trend Dec21 Dec22 Dec23
EBIT
- -0.07 -1.05

Israel Acquisitions Quarterly Data
Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial -0.03 -0.23 -0.32 -0.19 -0.32

Competitive Comparison of Israel Acquisitions's EBIT

For the Shell Companies subindustry, Israel Acquisitions'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.

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

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

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


Israel Acquisitions 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 $-1.05 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.

Israel Acquisitions  (NAS:ISRL) EBIT Explanation

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

Israel Acquisitions'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 )
=-1.26 * ( 1 - 0% )/( (151.723 + 153.585)/ 2 )
=-1.26/152.654
=-0.83 %

where

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))
=152.684 - 0.151 - ( 0.81 - max(0, 5.558 - 152.684+0.81))
=151.723

Invested Capital(Q: Dec. 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))
=154.519 - 0.262 - ( 0.672 - max(0, 5.669 - 154.519+0.672))
=153.585

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

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

Israel Acquisitions'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 )
=-1.26/( ( (0 + max(146.316, 0)) + (0 + max(148.178, 0)) )/ 2 )
=-1.26/( ( 146.316 + 148.178 )/ 2 )
=-1.26/147.247
=-0.86 %

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 + 151.874) - (0.151 + 5.406 + 0.0010000000000003)
=146.316

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 153.847) - (0.262 + 5.406 + 0.0010000000000003)
=148.178

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1.047/140.284
=-0.75 %

* 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.

Israel Acquisitions EBIT Related Terms

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Israel Acquisitions (Israel Acquisitions) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Israel Acquisitions Corp (NAS:ISRL) » Definitions » EBIT
Comparable Companies
PHYT PRPC CFFS RCFA VADP BFAC PPYA MCAA CONX NFYS PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
12600 Hill Country Blvd, Building R, Suite 275, Bee Cave, TX, USA, 78738
Website
https://www.israelacquisitionscorp.com
Israel Acquisitions Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Alexander Greystoke 10 percent owner C/O SPRINGWATER SPECIAL SITUATIONS CORP., 405 LEXINGTON AVENUE, 11TH FLOOR, NEW YORK NY 10174
Candice S. Beaumont director C/O CLEAN EARTH ACQUISITIONS CORP., 12600 HILL COUNTRY BLVD, BLDG R, STE 275, BEE CAVE TX 78738
Izhar Shay director 11 HAMENOFIM STREET, ACKERSTEIN TOWERS,BLD. B #10,PO BOX 2148, HERZLIYA PITUACH L3 46120
Roy Zisapel director 22 RAOUL WALLENBERG STREET, TEL AVIV L3 6971917
Israel Acquisitions Sponsor Llc 10 percent owner 12600 HILL COUNTRY BLVD, BUILDING R, SUITE 275, BEE CAVE TX 78738
Sharon Barzik Cohen director, officer: Chief Financial Officer C/O ISRAEL ACQUISITIONS CORP., 12600 HILL COUNTRY BLVD BLDG R, STE 275, BEE CAVE TX 78738
Charles Ecalle 10 percent owner C/O ISRAEL ACQUISITIONS CORP., 12600 HILL COUNTRY BLVD BLDG R, STE 275, BEE CAVE TX 78738
Daniel Recanati director C/O ISRAEL ACQUISITIONS CORP., 12600 HILL COUNTRY BLVD BLDG R, STE 275, BEE CAVE TX 78738
Ziv Elul director, officer: Chief Executive Officer C/O ISRAEL ACQUISITIONS CORP., 12600 HILL COUNTRY BLVD BLDG R, STE 275, BEE CAVE TX 78738
Peter Cohen director C/O ISRAEL ACQUISITIONS CORP., 12600 HILL COUNTRY BLVD BLDG R, STE 275, BEE CAVE TX 78738