Vy Global Growth (NYSE:VYGG) EBIT

: $-0.78 Mil (TTM As of Jun. 2022)

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Vy Global Growth's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2022 was $-0.16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2022 was $-0.78 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vy Global Growth's annualized ROC % for the quarter that ended in Jun. 2022 was -0.11%. Vy Global Growth's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vy Global Growth's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was -0.11%.

Vy Global Growth EBIT Historical Data

The historical data trend for Vy Global Growth'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.

Vy Global Growth Annual Data

Trend

Dec20

Dec21

EBIT

-1.71

Vy Global Growth Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
EBIT			-0.20	-0.22	-0.13	-0.27	-0.16

Vy Global Growth 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.78 Mil.

Vy Global Growth (NYSE:VYGG) EBIT Explanation

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

Vy Global Growth's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

	ROC % (Q: Jun. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2022 )	+	Invested Capital (Q: Jun. 2022 ))	/ count )
=	-0.64 * ( 1 - 0% )	/	( (575.26	+	576.038)	/ 2 )
=	-0.64	/	575.649
=	-0.11 %

where

	Invested Capital		(Q: Mar. 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	))
=	577.046	-	1.407	-	( 1.633	-	max(0, 1.407	-	1.786	+	1.633	))
=	575.26

	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	))
=	577.643	-	1.386	-	( 1.518	-	max(0, 1.386	-	1.605	+	1.518	))
=	576.038

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

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

Vy Global Growth's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2022		Q: Jun. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.64	/	( ( (0 + max(-1.254, 0))	+	(0 + max(-1.299, 0)) )	/	2 )
=	-0.64	/	( ( 0	+	0 )	/	2 )
=	-0.64	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Mar. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.153)	-	(1.407	+	0	+	0)
=	-1.254

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.087)	-	(1.386	+	0	+	0)
=	-1.299

When net working capital is negative, 0 is used.

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

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

Vy Global Growth's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2022 )
	=	-0.784	/	709.052
	=	-0.11 %

Vy Global Growth EBIT Related Terms

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Vy Global Growth (NYSE:VYGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Vy Global Growth (NYSE:VYGG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

VYGG.WS:USA VYGG.U:USA

Address

Willow House, Cricket Square, Floor 4, Grand Cayman, CYM, KY1-9010

Website

https://www.vygg.com

Vy Global Growth is a blank check company.

Executives

Javier Olivan	director	62 RIDGE VIEW DRIVE, ATHERTON X1 94027
Julia Herendeen	director	25 FIRST STREET, 2ND FLOOR, CAMBRIDGE MA 02141
John Hering	director, officer: Chief Executive Officer	FLOOR 4 WILLOW HOUSE, CRICKET SQ, GRAND CAYMAN E9 KY1-9010
Hugo Barra	director	FLOOR 4, WILLOW HOUSE, CRICKET SQ, GRAND CAYMAN E9 KY1-9010
Alexander Tamas	director, officer: Chairman	FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Sujay Jaswa	director	FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Justin Kan	director	FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Katja Lake	officer: Chief Financial Officer	FLOOR 4 WILLOW HOUSE CRICKET SQ, GRAND CAYMAN E9 KY1-9010
Daniel Schwarz	officer: Chief Operating Officer	FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Vy Global Growth Management Co.	10 percent owner	FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Steve Ladd Huffman	director	FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-901-