CCAJ (Coastal Capital Acquisition) EBIT: $ Mil (TTM As of Sep. 2023)


What is Coastal Capital Acquisition EBIT?

Coastal Capital Acquisition CCAJ EBIT is $ Mil as of Sep. 2023.

Coastal Capital Acquisition's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was $-0.01 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Coastal Capital Acquisition's annualized ROC % for the quarter that ended in Sep. 2023 was -53.85%. Coastal Capital Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -53.85%.

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

Coastal Capital Acquisition  (OTCPK:CCAJ) EBIT Explanation

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

Coastal Capital Acquisition's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-0.014 * ( 1 - 0% )/( (0 + 0.026)/ 1 )
=-0.014/0.026
=-53.85 %

where

Invested Capital(Q: Sep. 2022 )
=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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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))
=0.029 - 0 - ( 0.003 - max(0, 0 - 0.029+0.003))
=0.026

Note: The Operating Income data used here is one times the annual (Sep. 2023) data.

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

Coastal Capital Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.014/( ( (0 + max(0, 0)) + (0 + max(0.026, 0)) )/ 1 )
=-0.014/( ( 0 + 0.026 )/ 1 )
=-0.014/0.026
=-53.85 %

where Working Capital is:

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

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.026) - (0 + 0 + 0)
=0.026

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Sep. 2023) EBIT data.

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

Coastal Capital Acquisition's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=/1.684
= %

* 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.

Coastal Capital Acquisition EBIT Related Terms

Coastal Capital Acquisition EBIT Historical Data

* Premium members only.

The historical data trend for Coastal Capital Acquisition'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.

Coastal Capital Acquisition EBIT Chart

Coastal Capital Acquisition Annual Data
Trend
EBIT

Coastal Capital Acquisition Semi-Annual Data
Sep22 Sep23
EBIT -0.01 -0.01

CCAJ vs SODE, CIPI, KASTD: EBIT Comparison

For the Engineering & Construction subindustry, Coastal Capital Acquisition'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.

Coastal Capital Acquisition EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Coastal Capital Acquisition's EV-to-EBIT distribution charts can be found below:

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


Coastal Capital Acquisition 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $ 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $ Mil mean?
Coastal Capital Acquisition (CCAJ) has a EBIT of $ Mil as of Sep. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Coastal Capital Acquisition.
Is Coastal Capital Acquisition's EBIT too high?
Coastal Capital Acquisition's current EBIT is $ Mil.
How does Coastal Capital Acquisition's EBIT compare to SODE and CIPI?
Coastal Capital Acquisition's EBIT of $ Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Coastal Capital Acquisition. Coastal Capital Acquisition's current EBIT is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coastal Capital Acquisition stock overvalued right now?
Coastal Capital Acquisition (CCAJ) has a current EBIT of $ Mil. The current EBIT is $ Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Coastal Capital Acquisition (CCAJ), the current EBIT is $ Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Coastal Capital Acquisition Business Description

Address 1410 Park Lane S, Suite 1, Jupiter, FL, USA, 33458
Coastal Capital Acquisition Corp is now a Builder engaged in the construction of single-family houses and other buildings for sale on its account rather than as contractors, including renovations. Its secondary business engagement is an Office of Holding companies, mainly engaging in holding the equity interest in (or securities) companies and enterprises to own a controlling interest or influence the management decisions of these firms.