Chain Bridge I (Chain Bridge I) EBIT : $-1.52 Mil (TTM As of Mar. 2024)

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What is Chain Bridge I EBIT?

Chain Bridge I's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.54 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.52 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chain Bridge I's annualized ROC % for the quarter that ended in Mar. 2024 was -7.64%. Chain Bridge I'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.

Chain Bridge I EBIT Historical Data

The historical data trend for Chain Bridge 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.

Chain Bridge I EBIT Chart

Chain Bridge I Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-0.22

-1.39

-1.30

Chain Bridge I Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial								-0.33	-0.62	-0.26	-0.10	-0.54

Competitive Comparison of Chain Bridge I's EBIT

For the Shell Companies subindustry, Chain Bridge 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.

Chain Bridge I's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Chain Bridge 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.52 Mil.

Chain Bridge I (NAS:CBRGU) EBIT Explanation

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

Chain Bridge I'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 )
=	-2.16 * ( 1 - 0% )	/	( (45.356	+	11.192)	/ 2 )
=	-2.16	/	28.274
=	-7.64 %

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	))
=	45.363	-	0.068	-	( 0.004	-	max(0, 0.068	-	0.007	+	0.004	))
=	45.356

	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	))
=	11.243	-	0.502	-	( 0.005	-	max(0, 0.502	-	0.051	+	0.005	))
=	11.192

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

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

Chain Bridge I'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 )
=	-2.16	/	( ( (0 + max(-0.065, 0))	+	(0 + max(-0.456, 0)) )	/	2 )
=	-2.16	/	( ( 0	+	0 )	/	2 )
=	-2.16	/	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	+	0.003)	-	(0.068	+	0	+	0)
=	-0.065

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.046)	-	(0.502	+	0	+	0)
=	-0.456

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:

Chain Bridge I's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-1.516	/	0.000
	=	%

Chain Bridge I EBIT Related Terms

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Chain Bridge I (Chain Bridge I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Chain Bridge I (NAS:CBRGU) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

CBRG:USA

Address

330 Primrose Road, Suite 500, Burlingame, CA, USA, 94010

Website

https://www.chainbg.com

Chain Bridge I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Chain Bridge I (Chain Bridge I) Headlines

From GuruFocus

Chain Bridge I Announces Full Exercise of Underwriters' Over-Allotment Option and Closing of $230 Million Initial Public Offering

By Business Wire Business Wire • 11-15-2021

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Chain Bridge I Will Redeem Public Shares

By Business Wire • 10-31-2023