Arctos NorthStar Acquisition (Arctos NorthStar Acquisition) EBIT : $-1.02 Mil (TTM As of Sep. 2022)

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

What is Arctos NorthStar Acquisition EBIT?

Arctos NorthStar Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-1.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arctos NorthStar Acquisition's annualized ROC % for the quarter that ended in Sep. 2022 was -0.29%. Arctos NorthStar Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Arctos NorthStar Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -0.25%.

Arctos NorthStar Acquisition EBIT Historical Data

The historical data trend for Arctos NorthStar 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.

Arctos NorthStar Acquisition EBIT Chart

Arctos NorthStar Acquisition Annual Data

Trend

Dec20

Dec21

EBIT

-2.79

Arctos NorthStar Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial			-1.90	-0.19	-0.35	-0.25	-0.23

Competitive Comparison of Arctos NorthStar Acquisition's EBIT

For the Shell Companies subindustry, Arctos NorthStar 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.

Arctos NorthStar Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Arctos NorthStar 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.02 Mil.

Arctos NorthStar Acquisition (NYSE:ANAC) EBIT Explanation

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

Arctos NorthStar Acquisition's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-0.928 * ( 1 - 0% )	/	( (316.743	+	318.172)	/ 2 )
=	-0.928	/	317.4575
=	-0.29 %

where

	Invested Capital		(Q: Jun. 2022 )
=	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	))
=	317.025	-	2.276	-	( 0.008	-	max(0, 2.276	-	0.282	+	0.008	))
=	316.743

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	318.55	-	2.603	-	( 0.206	-	max(0, 2.603	-	0.378	+	0.206	))
=	318.172

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Arctos NorthStar Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.928	/	( ( (0 + max(-2.002, 0))	+	(0 + max(-2.431, 0)) )	/	2 )
=	-0.928	/	( ( 0	+	0 )	/	2 )
=	-0.928	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.274)	-	(2.276	+	0	+	0)
=	-2.002

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.172)	-	(2.603	+	0	+	0)
=	-2.431

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-1.02	/	402.618
	=	-0.25 %

Arctos NorthStar Acquisition EBIT Related Terms

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

Arctos NorthStar Acquisition (Arctos NorthStar Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Arctos NorthStar Acquisition Corp (NYSE:ANAC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2021 McKinney Avenue, Suite 200, Dallas, TX, USA, 75201

Website

https://www.arctosnorthstar.com

Arctos NorthStar 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.

Executives

Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer	10 percent owner	250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Tomago Collins	director	18500 NORTH ALLIED WAY, PHOENIX AZ 85054
Jared T Smith	director	C/O CAUSEWAY MEDIA PARTNERS, 44 BRATTLE, CAMBRIDGE MA 02138
Xavier A Gutierrez	director	9550 FIRESTONE BOULEVARD, SUITE 105, DOWNEY CA 90241
Arctos Northstar Acquisition Holdings, Llc	10 percent owner	2021 MCKINNEY AVENUE, SUITE 200, DALLAS TX 75201
Theo Nathaniel Epstein	director, officer: See Remarks	C/O ARCTOS NORTHSTAR ACQUISITION CORP., 2021 MCKINNEY AVENUE, #200, DALLAS TX 75201
Meredith Lazo Mcpherron	director	C/O ARCTOS NORTHSTAR ACQUISITION CORP., 2021 MCKINNEY AVENUE, #200, DALLAS TX 75201
Ian Hunter Charles	director, 10 percent owner	C/O ARCTOS NORTHSTAR ACQUISITION CORP., 2021 MCKINNEY AVENUE, #200, DALLAS TX 75201
John Barney Vedro	officer: Chief Financial Officer	C/O ARCTOS NORTHSTAR ACQUISITION CORP., 2021 MCKINNEY AVENUE, #200, DALLAS TX 75201
David Justin Oconnor	director, 10 percent owner, officer: See Remarks	C/O ARCTOS NORTHSTAR ACQUISITION CORP., 2021 MCKINNEY AVENUE, #200, DALLAS TX 75201

Arctos NorthStar Acquisition (Arctos NorthStar Acquisition) Headlines

From GuruFocus

Arctos NorthStar Acquisition Corp. Announces Redemption of Class A Ordinary Shares

By Business Wire Business Wire • 02-10-2023

Stemming from SEC Guidance Concerning Balance Sheet Treatment of Warrants, Arctos NorthStar Acquisition Corp. Announces Receipt of NYSE Continued Listing Standard Notice

By Business Wire Business Wire • 06-02-2021