NextGen Acquisition II (NextGen Acquisition II) EBIT : $ Mil (TTM As of Sep. 2021)

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What is NextGen Acquisition II EBIT?

NextGen Acquisition II's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2021 was $-1.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NextGen Acquisition II's annualized ROC % for the quarter that ended in Sep. 2021 was -0.34%. NextGen Acquisition II's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -293.21%.

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

NextGen Acquisition II EBIT Historical Data

The historical data trend for NextGen Acquisition 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.

NextGen Acquisition II EBIT Chart

NextGen Acquisition II Annual Data

Trend

EBIT

NextGen Acquisition II Semi-Annual Data
	Jan21	Mar21	Jun21	Sep21
EBIT	-	-0.11	-0.91	-1.30

Competitive Comparison of NextGen Acquisition II's EBIT

For the Shell Companies subindustry, NextGen Acquisition 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.

NextGen Acquisition II's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

NextGen Acquisition 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Sep. 2021 was $ Mil.

NextGen Acquisition II (NAS:NGCAU) EBIT Explanation

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

NextGen Acquisition II's annualized ROC % for the quarter that ended in Sep. 2021 is calculated as:

	ROC % (Q: Sep. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2021 )	+	Invested Capital (Q: Sep. 2021 ))	/ count )
=	-1.296 * ( 1 - 0% )	/	( (383.098	+	383.384)	/ 2 )
=	-1.296	/	383.241
=	-0.34 %

where

	Invested Capital		(Q: Jun. 2021 )
=	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	))
=	383.961	-	0.428	-	( 0.435	-	max(0, 0.428	-	1.352	+	0.435	))
=	383.098

	Invested Capital		(Q: Sep. 2021 )
=	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	))
=	383.4	-	0.388	-	( 0.003	-	max(0, 1.158	-	0.786	+	0.003	))
=	383.384

Note: The Operating Income data used here is one times the annual (Sep. 2021) data.

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

NextGen Acquisition II's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2021		Q: Sep. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.296	/	( ( (0 + max(0.489, 0))	+	(0 + max(0.395, 0)) )	/	2 )
=	-1.296	/	( ( 0.489	+	0.395 )	/	2 )
=	-1.296	/	0.442
=	-293.21 %

where Working Capital is:

	Working Capital		(Q: Jun. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.917)	-	(0.428	+	0	+	0)
=	0.489

	Working Capital		(Q: Sep. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.783)	-	(0.388	+	0	+	0)
=	0.395

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Sep. 2021) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2021 )
	=		/	0.000
	=	%

NextGen Acquisition II EBIT Related Terms

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NextGen Acquisition II (NextGen Acquisition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » NextGen Acquisition Corp II (NAS:NGCAU) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2255 Glades Road, Suite 324A, Boca Raton, FL, USA, 33431

Website

http://www.nextgenacq.com

NextGen Acquisition Corp II is a blank check company.

Executives

Jill Kathleen Frizzley	director	P.O. BOX 1541, ONE BLUE HILL PLAZA, PEARL RIVER NY 10965
Alan Jeffrey Carr	director	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Corvina Holdings Ltd	10 percent owner	LA MOTTE CHAMBERS, ST HELIER X0 JE1 1BJ
Virgin Group Holdings Ltd	10 percent owner	LA MOTTE CHAMBERS, ST HELIER, JERSEY X0 JE1 1BJ
Sir Richard Branson	10 percent owner	RICHARD'S HOUSE, THE VALLEY, VIRGIN GORDA, NECKER ISLAND D8 POBOX 1091
Virgin Investments Ltd	10 percent owner	LA MOTTE CHAMBERS, ST HELIER Y9 X0 JE1 1BJ
Mubadala Investment Co Pjsc	10 percent owner	P.O. BOX 45005, ABU DHABI C0 00000
Mamoura Diversified Global Holding Pjsc	10 percent owner	P. O. BOX 45005, ABU DHABI C0 UAE
Fifteenth Investment Co Llc	10 percent owner	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Vieco 10 Ltd	10 percent owner	CRAIGMUIR CHAMBERS, P.O. BOX 71, ROAD TOWN, TORTOLA D8 VG1110
Shadid Abdulla Mohamed Ismail Ibrahim	director	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Daniel M Hart	director, officer: Chief Executive Officer	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Derrick Osmond Boston	officer: Chief Legal Officer	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Brita Eve O'rear	officer: Chief Financial Officer	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Anthony J Gingiss	officer: Chief Operating Officer	C/O TERRAN ORBITAL, 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487