GURUFOCUS.COM » STOCK LIST » USA » NYSE » Apollo Strategic Growth Capital II (NYSE:APGB) » Definitions » EBIT
Switch to:

Apollo Strategic Growth Capital II (NYSE:APGB) EBIT

: $18.19 Mil (TTM As of Sep. 2023)
View and export this data going back to 2021. Start your Free Trial

Apollo Strategic Growth Capital II's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $3.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $18.19 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Apollo Strategic Growth Capital II's annualized ROC % for the quarter that ended in Sep. 2023 was -0.78%. Apollo Strategic Growth Capital II'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. Apollo Strategic Growth Capital II's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 4.83%.


Apollo Strategic Growth Capital II EBIT Historical Data

The historical data trend for Apollo Strategic Growth Capital II'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.

Apollo Strategic Growth Capital II Annual Data
Trend Dec19 Dec20 Dec21 Dec22
EBIT
- - 11.23 25.73

Apollo Strategic Growth Capital II Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.39 4.41 7.98 2.75 3.06

Competitive Comparison

For the Shell Companies subindustry, Apollo Strategic Growth Capital II'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.


Apollo Strategic Growth Capital II EV-to-EBIT Distribution

For the Diversified Financial Services industry and Financial Services sector, Apollo Strategic Growth Capital II's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Apollo Strategic Growth Capital II's EV-to-EBIT falls into.



Apollo Strategic Growth Capital II 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 $18.19 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.


Apollo Strategic Growth Capital II  (NYSE:APGB) EBIT Explanation

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

Apollo Strategic Growth Capital II'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 )
=-1.504 * ( 1 - 0% )/( (191.253 + 193.681)/ 2 )
=-1.504/192.467
=-0.78 %

where

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

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

Apollo Strategic Growth Capital II'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 )
=12.224/( ( (0 + max(-6.814, 0)) + (0 + max(-7.198, 0)) )/ 2 )
=12.224/( ( 0 + 0 )/ 2 )
=12.224/0
= %

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 + 0.507) - (7.321 + 0 + 0)
=-6.814

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.301) - (7.499 + 0 + 1.7763568394003E-15)
=-7.198

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:

Apollo Strategic Growth Capital II's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=18.19/376.784
=4.83 %

* 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.


Apollo Strategic Growth Capital II EBIT Related Terms

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


Apollo Strategic Growth Capital II (NYSE:APGB) Business Description

Traded in Other Exchanges
Address
9 West 57th Street, 42rd Floor, New York, NY, USA, 10019
Apollo Strategic Growth Capital II is a blank check company.
Executives
Public Sector Pension Investment Board 10 percent owner 1250 RENE-LEVESQUE BLVD WEST, SUITE 1400, MONTREAL A8 H3B 5E9
Apollo Principal Holdings Iii, L.p. 10 percent owner C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Apollo Principal Holdings Iii Gp Ltd 10 percent owner C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Angela Sun director 7001 EAST BELLEVIEW AVENUE, DENVER CO 80236
Scott Kleinman director C/O APOLLO MANAGEMENT L P, 1301 AVENUE OF THE AMERICANS 38TH FL., NEW YORK NY 10018
Nathaniel Lipman director 6 HIGH RIDGE PARK, STAMFORD CT 06905
Melvin Parker director 2424 GARDEN OF THE GODS RD, SUITE 300, COLORADO SPRINGS CO 80919
James Crossen officer: CFO, CAO & Secretary 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apsg Sponsor Ii, L.p. 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Sanjay H Patel director, officer: Chief Executive Officer C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, NEW YORK NY 10019
Ap Caps Ii Holdings Gp, Llc 10 percent owner C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN E9 KY1-9008

Apollo Strategic Growth Capital II (NYSE:APGB) Headlines