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AASP (Global Acquisitions) EBIT : $-0.69 Mil (TTM As of Sep. 2024)


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What is Global Acquisitions EBIT?

Global Acquisitions's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.64 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.69 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Global Acquisitions's annualized ROC % for the quarter that ended in Sep. 2024 was %. Global Acquisitions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Global Acquisitions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2.87%.


Global Acquisitions EBIT Historical Data

The historical data trend for Global Acquisitions'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.

Global Acquisitions EBIT Chart

Global Acquisitions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.07 -0.10 -0.06 -0.07

Global Acquisitions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial 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 Premium Member Only -0.01 -0.02 -0.01 -0.02 -0.64

Competitive Comparison of Global Acquisitions's EBIT

For the Shell Companies subindustry, Global Acquisitions'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.


Global Acquisitions's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Global Acquisitions's EV-to-EBIT falls into.



Global Acquisitions 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.69 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.


Global Acquisitions  (OTCPK:AASP) EBIT Explanation

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

Global Acquisitions's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-2.548 * ( 1 - 0% )/( (0 + 0)/ 1 )
=-2.548/0
= %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Global Acquisitions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.548/( ( (0 + max(-0.643, 0)) + (0 + max(-0.067, 0)) )/ 1 )
=-2.548/( ( 0 + 0 )/ 1 )
=-2.548/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.643 + 0 + 0)
=-0.643

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.067 + 0 + 0)
=-0.067

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.693/24.169
=-2.87 %

* 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.


Global Acquisitions EBIT Related Terms

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Global Acquisitions Business Description

Traded in Other Exchanges
N/A
Address
6730 Las Vegas Boulevard South, Las Vegas, NV, USA, 89119
Global Acquisitions Corp is a shell company. Its business plan is to seek, investigate, and, if warranted, acquire an interest in a business opportunity.
Executives
Ronald S Boreta director, officer: PRESIDENT, CEO & TREASURER 5325 SO VALLEY VIEW BLVD, STE 10, LAS VEGAS NV 89118
John Anthony Boreta director 10013 SIENNA PEAK CT., LAS VEGAS NV 89144
Vaso Boreta director 5325 SO VALLEY VIEW BLVD, STE 10, LAS VEGAS NV 89118
Steven Miller director 3883 HOWARD HUGHES PKWY., 8TH FL., LAS VEGAS NV 89109
Andre K Agassi 10 percent owner C/O AGASSI ENTERPRISES INC, IMG CENTER 1360 E 9TH ST STE 100, CLEVELAND OH 44144-1782
Andre Agassi Trust 10 percent owner 3883 HOWARD HUGHES PARKWAY, 8TH FLOOR, LAS VEGAS NV 89169
Investments Aka, Llc 10 percent owner 3883 HOWARD HUGHES PARKWAY, 8TH FLOOR, LAS VEGAS NV 89169
Agassi Ventures, Llc 10 percent owner 3883 HOWARD HUGHES PARKWAY, 8TH FLOOR, LAS VEGAS NV 89169
Cara Brunette director 6730 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89119
William Kilmer director 1853 MONTE CARLO WAY, CORAL SPRINGS FL 33071
Robert Rosburg director 49-425 AVENIDA CLUB LA QUINTA, LAS QUINTA CA 92253

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