GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aura Fat Projects Acquisition Corp (NAS:AFAR) » Definitions » EBIT

Aura Fat Projects Acquisition (Aura Fat Projects Acquisition) EBIT : $-1.59 Mil (TTM As of Feb. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Aura Fat Projects Acquisition EBIT?

Aura Fat Projects Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was $-0.18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was $-1.59 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aura Fat Projects Acquisition's annualized ROC % for the quarter that ended in Feb. 2024 was -2.32%. Aura Fat Projects Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aura Fat Projects Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -2.46%.


Aura Fat Projects Acquisition EBIT Historical Data

The historical data trend for Aura Fat Projects 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.

Aura Fat Projects Acquisition EBIT Chart

Aura Fat Projects Acquisition Annual Data
Trend Nov22 Nov23
EBIT
-0.67 -1.67

Aura Fat Projects Acquisition Quarterly Data
Dec21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
EBIT Get a 7-Day Free Trial Premium Member Only -0.26 -0.60 -0.47 -0.34 -0.18

Competitive Comparison of Aura Fat Projects Acquisition's EBIT

For the Shell Companies subindustry, Aura Fat Projects 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.


Aura Fat Projects Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Aura Fat Projects Acquisition's EV-to-EBIT falls into.



Aura Fat Projects 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.59 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.


Aura Fat Projects Acquisition  (NAS:AFAR) EBIT Explanation

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

Aura Fat Projects Acquisition's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=-0.716 * ( 1 - 0% )/( (30.604 + 31.157)/ 2 )
=-0.716/30.8805
=-2.32 %

where

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

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

Aura Fat Projects Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.716/( ( (0 + max(-1.799, 0)) + (0 + max(-2.025, 0)) )/ 2 )
=-0.716/( ( 0 + 0 )/ 2 )
=-0.716/0
= %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.131) - (1.93 + 0 + 0)
=-1.799

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.103) - (2.128 + 0 + 0)
=-2.025

When net working capital is negative, 0 is used.

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

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

Aura Fat Projects Acquisition's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=-1.589/64.696
=-2.46 %

* 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.


Aura Fat Projects Acquisition EBIT Related Terms

Thank you for viewing the detailed overview of Aura Fat Projects Acquisition's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Aura Fat Projects Acquisition (Aura Fat Projects Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
No. 09-00, 1 Phillip Street, Royal One Phillip, Singapore, SGP, 048692
Website
Aura Fat Projects Acquisition Corp formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses.
Executives
Aura Fat Projects Capital Llc 10 percent owner 103 SOUTH CHURCH STREET, PO BOX 10240, GRAND CAYMAN E9 KY1-1002

Aura Fat Projects Acquisition (Aura Fat Projects Acquisition) Headlines

From GuruFocus