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ALSP Orchid Acquisition I (ALSP Orchid Acquisition I) EBIT : $-1.33 Mil (TTM As of Jun. 2023)


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What is ALSP Orchid Acquisition I EBIT?

ALSP Orchid Acquisition I's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $-0.27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-1.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ALSP Orchid Acquisition I's annualized ROC % for the quarter that ended in Jun. 2023 was 0.28%. ALSP Orchid Acquisition I's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ALSP Orchid Acquisition I's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -1.69%.

ALSP Orchid Acquisition I EBIT Historical Data

The historical data trend for ALSP Orchid Acquisition I'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.

ALSP Orchid Acquisition I EBIT Chart

ALSP Orchid Acquisition I Annual Data
Trend Dec21 Dec22
EBIT
- -1.15

ALSP Orchid Acquisition I Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
EBIT Get a 7-Day Free Trial -0.28 -0.21 -0.30 -0.55 -0.27

Competitive Comparison of ALSP Orchid Acquisition I's EBIT

For the Shell Companies subindustry, ALSP Orchid Acquisition I'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.

ALSP Orchid Acquisition I's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where ALSP Orchid Acquisition I's EV-to-EBIT falls into.


ALSP Orchid Acquisition I 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.33 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.

ALSP Orchid Acquisition I  (NAS:ALOR) EBIT Explanation

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

ALSP Orchid Acquisition I's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-1.064 * ( 1 - 105.71% )/( (21.067 + 21.677)/ 2 )
=0.0607544/21.372
=0.28 %

where

Invested Capital(Q: Mar. 2023 )
=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))
=21.297 - 0.329 - ( 0.047 - max(0, 0.329 - 0.23+0.047))
=21.067

Invested Capital(Q: Jun. 2023 )
=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))
=21.506 - 0.194 - ( 0.108 - max(0, 0.544 - 0.179+0.108))
=21.677

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

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

ALSP Orchid Acquisition I's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.064/( ( (0 + max(-0.146, 0)) + (0 + max(-0.123, 0)) )/ 2 )
=-1.064/( ( 0 + 0 )/ 2 )
=-1.064/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.183) - (0.329 + 0 + 0)
=-0.146

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.071) - (0.194 + 0 + 0)
=-0.123

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

ALSP Orchid Acquisition I's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-1.334/78.837
=-1.69 %

* 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.

ALSP Orchid Acquisition I EBIT Related Terms

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ALSP Orchid Acquisition I (ALSP Orchid Acquisition I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ALSP Orchid Acquisition Corp I (NAS:ALOR) » Definitions » EBIT
Comparable Companies
GLST CETU OAKU LIBY BUJA YOTA HAIA NUBI FICV SWSS PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
2815 Eastlake Avenue East, Suite 300, Seattle, WA, USA, 98102
Website
https://www.alsporchidacquisition1.com
ALSP Orchid Acquisition Corp I is a newly organized blank check company.
Executives
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Thong Q. Le director, 10 percent owner, officer: Chief Executive Officer C/O ALSP ORCHID ACQUISITION CORP I, 2815 EASTLAKE AVENUE EAST, SUITE 300, SEATTLE WA 98102
Carter Bruce L A director C/O ZYMOGENETICS, INC., 1201 EASTLAKE AVENUE, SEATTLE WA 98102
Mark W Hahn director 6340 QUADRANGLE DRIVE, SUITE 100, CHAPEL HILL NC 27517
Kendall Mohler officer: Chief Development Officer 2401 4TH AVE., SUITE 1050, SEATTLE WA 98121
Ian Howes director, 10 percent owner, officer: Chief Financial Officer C/O ALEXANDRIA AGRIFOODTECH, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Alsp Orchid Sponsor Llc 10 percent owner 2815 EASTLAKE AVENUE EAST, SUITE 300, SEATTLE WA 98102
Sundar Kodiyalam director C/O ALSP ORCHID ACQUISITION CORP I, 2815 EASTLAKE AVENUE EAST, SUITE 300, SEATTLE WA 98102
Stephanie Read director C/O ALSP ORCHID ACQUISITION CORP I, 2815 EASTLAKE AVENUE EAST, SUITE 300, SEATTLE WA 98102
Kevin Chow officer: Chief Business Officer C/O ALSP ORCHID ACQUISITION CORP I, 2815 EASTLAKE AVENUE EAST, SUITE 300, SEATTLE WA 98102
Andras Forgacs officer: Chief Operating Officer 6275 NANCY RIDGE DRIVE, SUITE 110, SAN DIEGO CA 92121
Eugene Yeo director C/O ALSP ORCHID ACQUISITION CORP I, 2815 EASTLAKE AVENUE EAST, SUITE 300, SEATTLE WA 98102