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Jaws Mustang Acquisition (Jaws Mustang Acquisition) EBIT : $-1.29 Mil (TTM As of Dec. 2023)


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What is Jaws Mustang Acquisition EBIT?

Jaws Mustang Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jaws Mustang Acquisition's annualized ROC % for the quarter that ended in Dec. 2023 was -0.30%. Jaws Mustang Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jaws Mustang Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.43%.


Jaws Mustang Acquisition EBIT Historical Data

The historical data trend for Jaws Mustang 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 Mustang Acquisition EBIT Chart

Jaws Mustang Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
- -1.39 -4.19 -1.29

Jaws Mustang Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.15 -0.65 -0.23 -0.40 -0.02

Competitive Comparison of Jaws Mustang Acquisition's EBIT

For the Shell Companies subindustry, Jaws Mustang 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 Mustang Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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



Jaws Mustang 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.29 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 Mustang Acquisition  (AMEX:JWSM) EBIT Explanation

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

Jaws Mustang Acquisition'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 )
=-0.068 * ( 1 - 0% )/( (22.786 + 23.004)/ 2 )
=-0.068/22.895
=-0.30 %

where

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

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

Jaws Mustang Acquisition'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 )
=-0.068/( ( (0 + max(-3.442, 0)) + (0 + max(-4.121, 0)) )/ 2 )
=-0.068/( ( 0 + 0 )/ 2 )
=-0.068/0
= %

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 + 0.068) - (3.51 + 0 + 0)
=-3.442

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.012) - (4.133 + 0 + 0)
=-4.121

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1.287/301.996
=-0.43 %

* 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.


Jaws Mustang Acquisition EBIT Related Terms

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Jaws Mustang Acquisition (Jaws Mustang Acquisition) Business Description

Traded in Other Exchanges
Address
1601 Washington Avenue, Suite 800, Miami Beach, FL, USA, 33139
Website
Jaws Mustang Acquisition Corp is a blank check company. it is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business.
Executives
John J Legere director 1672 GALLEON DR., NAPLES FL 34102
Barry S Sternlicht director, 10 percent owner STARWOOD CAPITAL GROUP GLOBAL LP, 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
David Helfand director C/O MANUFACTURED HOME COMMUNITIES INC, 2 N RIVERSIDE PLAZA #800, CHICAGO IL 60606
Elizabeth C Fascitelli director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Matthew Joseph Walters officer: Chief Operating Officer 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Mustang Sponsor Llc 10 percent owner 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Andrew Klaber director, officer: Chief Executive Officer 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Michael Reidler officer: Chief Financial Officer 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139