GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bullpen Parlay Acquisition Co (NAS:BPAC) » Definitions » EBIT

Bullpen Parlay Acquisition Co (Bullpen Parlay Acquisition Co) EBIT : $-2.09 Mil (TTM As of Mar. 2023)


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

What is Bullpen Parlay Acquisition Co EBIT?

Bullpen Parlay Acquisition Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was $-0.53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was $-2.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bullpen Parlay Acquisition Co's annualized ROC % for the quarter that ended in Mar. 2023 was -0.77%. Bullpen Parlay Acquisition Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bullpen Parlay Acquisition Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -0.70%.


Bullpen Parlay Acquisition Co EBIT Historical Data

The historical data trend for Bullpen Parlay Acquisition Co'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.

Bullpen Parlay Acquisition Co EBIT Chart

Bullpen Parlay Acquisition Co Annual Data
Trend Dec21 Dec22
EBIT
- -2.08

Bullpen Parlay Acquisition Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
EBIT Get a 7-Day Free Trial Premium Member Only -0.52 -0.51 -0.49 -0.56 -0.53

Competitive Comparison of Bullpen Parlay Acquisition Co's EBIT

For the Shell Companies subindustry, Bullpen Parlay Acquisition Co'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.


Bullpen Parlay Acquisition Co's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Bullpen Parlay Acquisition Co's EV-to-EBIT falls into.



Bullpen Parlay Acquisition Co 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.09 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.


Bullpen Parlay Acquisition Co  (NAS:BPAC) EBIT Explanation

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

Bullpen Parlay Acquisition Co's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=-2.128 * ( 1 - 14.19% )/( (237.131 + 239.505)/ 2 )
=-1.8260368/238.318
=-0.77 %

where

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

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

Bullpen Parlay Acquisition Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.128/( ( (0 + max(-1.139, 0)) + (0 + max(-1.466, 0)) )/ 2 )
=-2.128/( ( 0 + 0 )/ 2 )
=-2.128/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.003) - (1.142 + 0 + 0)
=-1.139

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.001) - (1.467 + 0 + 0)
=-1.466

When net working capital is negative, 0 is used.

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

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

Bullpen Parlay Acquisition Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=-2.093/300.966
=-0.70 %

* 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.


Bullpen Parlay Acquisition Co EBIT Related Terms

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


Bullpen Parlay Acquisition Co (Bullpen Parlay Acquisition Co) Business Description

Traded in Other Exchanges
N/A
Address
38 Keyes Ave, Suite 100, San Francisco, CA, USA, 94129
Bullpen Parlay Acquisition Co is a blank check company. It is formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Les Ottolenghi director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Duncan M Davidson officer: Executive Vice President 47 LINDA VISTA AVE, ATHERTON CA 94027
Bpac Partners Llc 10 percent owner C/O BULLPEN CAPITAL, 215 2ND ST, SAN FRANCISCO CA 94105
Paul Martino director, officer: Executive Chairman C/O BULLPEN CAPITAL, ATTN: PAUL MARTINO, 215 2ND ST, SAN FRANCISCO CA 94105
David Vanegmond director, officer: Chief Executive Officer C/O BULLPEN PARLAY ACQUISITION, 215 2ND ST, FLOOR 3, SAN FRANCISCO CA 94105
Eric Wiesen officer: President C/O BULLPEN CAPITAL, ATTN: ERIC WIESEN, 215 2ND ST, SAN FRANCISCO CA 94105
Melissa Blau director C/O BULLPEN CAPITAL, ATTN: M. BLAU, 215 2ND ST, SAN FRANCISCO CA 94105
Brett Calapp director C/O BULLPEN CAPITAL, ATTN: B. CALAPP, 215 2ND ST, SAN FRANCISCO CA 94105