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ANZUU (Anzu Special Acquisition I) EBIT : $-5.09 Mil (TTM As of Jun. 2023)


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What is Anzu Special Acquisition I EBIT?

Anzu Special Acquisition I's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $-0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-5.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Anzu Special Acquisition I's annualized ROC % for the quarter that ended in Jun. 2023 was -0.93%. Anzu Special 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.

Anzu Special Acquisition I EBIT Historical Data

The historical data trend for Anzu Special 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.

Anzu Special Acquisition I EBIT Chart

Anzu Special Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
EBIT
- -5.21 -4.89

Anzu Special Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.90 -1.03 -1.47 -2.49 -0.10

Competitive Comparison of Anzu Special Acquisition I's EBIT

For the Shell Companies subindustry, Anzu Special 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.

Anzu Special Acquisition I's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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


Anzu Special 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 $-5.09 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.

Anzu Special Acquisition I  (NAS:ANZUU) EBIT Explanation

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

Anzu Special 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 )
=-0.396 * ( 1 - -11.9% )/( (47.638 + 47.335)/ 2 )
=-0.443124/47.4865
=-0.93 %

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))
=45.921 - 7.265 - ( 0.104 - max(0, 9.499 - 0.517+0.104))
=47.638

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))
=45.043 - 6.657 - ( 0.133 - max(0, 9.347 - 0.398+0.133))
=47.335

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

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

Anzu Special 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 )
=-0.396/( ( (0 + max(-6.852, 0)) + (0 + max(-6.392, 0)) )/ 2 )
=-0.396/( ( 0 + 0 )/ 2 )
=-0.396/0
= %

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 + 0.413) - (7.265 + 0 + 1.7763568394003E-15)
=-6.852

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.265) - (6.657 + 0 + 0)
=-6.392

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-5.089/0.000
= %

* 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.

Anzu Special Acquisition I EBIT Related Terms

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Anzu Special Acquisition I Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Anzu Special Acquisition Corp I (NAS:ANZUU) » Definitions » EBIT
Comparable Companies
TBCP TRAQ EQD DGNU PV UNEX SNRH FINM HHLA AGAC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
12610 Race Track Road, Suite 250, Tampa, FL, USA, 33626
Website
https://www.anzuspac.com
Anzu Special Acquisition Corp I is a blank check company.
Executives
Charles Brynelsen director 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Mona Chetan Patel director C/O 4875 WHITE BEAR LAKE PARKWAY, WHITE BEAR LAKE MN 55110
Janis Smith-gomez director C/O 4875 WHITE BEAR PARKWAY, WHITE BEAR LAKE MN 55110
Brent T. Lucas director, officer: Chief Executive Officer C/O 4875 WHITE BEAR PARKWAY, WHITE BEAR LAKE MN 55110
David R. Wells officer: Chief Financial Officer 2801 OCEAN PARK BLVD., SUITE 339, SANTA MONICA CA 90405
Glen A Taylor director, 10 percent owner C/O TAYLOR CORP, 1725 ROE CREST DR, N MANKALO MN 56002
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Atlas Merchant Capital Llc 10 percent owner 477 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10022
Daniel J. Hirsch director, officer: CFO and Corporate Secretary 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Diane L Dewbrey director FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Peter Ganz officer: GC and Corporate Secretary C/O FOSTER WHEELER LTD., PERRYVILLE CORPORATE PARK, CLINTON NJ 08809-4000
Teresa A Harris director 1820 E BIG BEAVER RD, TROY MI 48083
Susan Kantor director C/O LIONBRIDGE TECHNOLOGIES, INC., 1050 WINTER STREET, SUITE 2300, WALTHAM MA 02451
Anzu Spac Gp I Llc 10 percent owner 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626
Whitney Haring-smith director, officer: Chief Executive Officer 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626