Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) EBIT : $-2.09 Mil (TTM As of Dec. 2023)

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What is Blockchain Coinvestors Acquisition I EBIT?

Blockchain Coinvestors Acquisition I's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $0.75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Blockchain Coinvestors Acquisition I's annualized ROC % for the quarter that ended in Dec. 2023 was 8.54%. Blockchain Coinvestors Acquisition I's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Blockchain Coinvestors Acquisition I EBIT Historical Data

The historical data trend for Blockchain Coinvestors 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.

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Blockchain Coinvestors Acquisition I EBIT Chart

Blockchain Coinvestors Acquisition I Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-4.28

-2.09

Blockchain Coinvestors Acquisition I Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial						-1.06	-1.20	-1.26	-0.38	0.75

Competitive Comparison of Blockchain Coinvestors Acquisition I's EBIT

For the Shell Companies subindustry, Blockchain Coinvestors 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.

Blockchain Coinvestors Acquisition I's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Blockchain Coinvestors 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.09 Mil.

Blockchain Coinvestors Acquisition I (NAS:BCSAW) EBIT Explanation

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

Blockchain Coinvestors Acquisition I's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	2.996 * ( 1 - 0% )	/	( (40.808	+	29.315)	/ 2 )
=	2.996	/	35.0615
=	8.54 %

where

	Invested Capital		(Q: Sep. 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	))
=	39.327	-	5.273	-	( 0.222	-	max(0, 7.04	-	0.286	+	0.222	))
=	40.808

	Invested Capital		(Q: Dec. 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	))
=	27.807	-	4.498	-	( 0.096	-	max(0, 6.515	-	0.509	+	0.096	))
=	29.315

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

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

Blockchain Coinvestors Acquisition I's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	2.996	/	( ( (0 + max(-5.209, 0))	+	(0 + max(-4.085, 0)) )	/	2 )
=	2.996	/	( ( 0	+	0 )	/	2 )
=	2.996	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.064)	-	(5.273	+	0	+	8.8817841970013E-16)
=	-5.209

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.413)	-	(4.498	+	0	+	-8.8817841970013E-16)
=	-4.085

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-2.094	/	0.000
	=	%

Blockchain Coinvestors Acquisition I EBIT Related Terms

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Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Blockchain Coinvestors Acquisition Corp I (NAS:BCSAW) » Definitions » EBIT

Comparable Companies

VCXB LCW GAQ FLME CHEA EVE HCMA SUAC ALCY HHLA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Traded in Other Exchanges

BCSA:USA

Address

Boundary Hall, Cricket Square, PO Box 1093, Grand Cayman, CYM, KY1-1102

Website

https://www.blockchaincac1.com

Blockchain Coinvestors Acquisition Corp I is a blank check company.

Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) Headlines

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