bleuacacia (bleuacacia) EBIT : $-1.77 Mil (TTM As of Mar. 2024)

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What is bleuacacia EBIT?

bleuacacia's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.77 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. bleuacacia's annualized ROC % for the quarter that ended in Mar. 2024 was -15.46%. bleuacacia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. bleuacacia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.16%.

bleuacacia EBIT Historical Data

The historical data trend for bleuacacia'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.

bleuacacia EBIT Chart

bleuacacia Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-0.88

-1.55

bleuacacia Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial								-0.25	-0.44	-0.27	-0.60	-0.47

Competitive Comparison of bleuacacia's EBIT

For the Shell Companies subindustry, bleuacacia'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.

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

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

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

bleuacacia 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.77 Mil.

bleuacacia (NAS:BLEU) EBIT Explanation

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

bleuacacia's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-1.868 * ( 1 - 0% )	/	( (17.019	+	7.142)	/ 2 )
=	-1.868	/	12.0805
=	-15.46 %

where

	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	))
=	17.051	-	0.893	-	( 0.032	-	max(0, 0.893	-	0.032	+	0.032	))
=	17.019

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	7.183	-	1.018	-	( 0.041	-	max(0, 1.018	-	0.041	+	0.041	))
=	7.142

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

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

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

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.868	/	( ( (0 + max(-0.893, 0))	+	(0 + max(-1.018, 0)) )	/	2 )
=	-1.868	/	( ( 0	+	0 )	/	2 )
=	-1.868	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.893	+	0	+	0)
=	-0.893

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(1.018	+	0	+	0)
=	-1.018

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-1.768	/	81.750
	=	-2.16 %

bleuacacia EBIT Related Terms

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bleuacacia (bleuacacia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » bleuacacia ltd (NAS:BLEU) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Fifth Avenue, New York, NY, USA, 10110

Website

https://www.acacia.blue

bleuacacia ltd is a blank check company. The company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Kat Peeler	director	64 EAST 126TH STREET, #3, NEW YORK NY 10035
Jide James Zeitlin	director, officer: Co-CEO and Co-Chairman	THE KEFFI GROUP, 767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Lew Frankfort	director, officer: Co-CEO and Co-Chairman	COACH, 516 W. 34TH ST., NEW YORK NY 10001
Charles Mcguigan	director, officer: COO, President and Director	THREE LIMITED PARKWAY, COLUMBUS OH 43230
Natara Holloway	director	GOLDEN BEAR PLAZA, 11760 US HIGHWAY 1, SUITE W506, NORTH PALM BEACH FL 33408
Bleuacacia Sponsor Llc	10 percent owner	500 FIFTH AVENUE, 44TH FLOOR, NEW YORK NY 10110
Tom Northover	director, officer: Executive Director	500 FIFTH AVENUE, NEW YORK NY 10110
Ibukun Awosika	director	500 FIFTH AVENUE, C/O THE KEFFI GROUP LTD., NEW YORK NY 10110

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