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CF Acquisition IV (CF Acquisition IV) EBIT : $2.71 Mil (TTM As of Sep. 2023)


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What is CF Acquisition IV EBIT?

CF Acquisition IV's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $0.82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $2.71 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CF Acquisition IV's annualized ROC % for the quarter that ended in Sep. 2023 was -0.85%. CF Acquisition IV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.

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

CF Acquisition IV EBIT Historical Data

The historical data trend for CF Acquisition IV'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.

CF Acquisition IV EBIT Chart

CF Acquisition IV Annual Data
Trend Dec20 Dec21 Dec22
EBIT
- 8.46 16.51

CF Acquisition IV Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.87 0.73 -0.37 1.53 0.82

Competitive Comparison of CF Acquisition IV's EBIT

For the Shell Companies subindustry, CF Acquisition IV'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.

CF Acquisition IV's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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


CF Acquisition IV 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.71 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.

CF Acquisition IV  (NAS:CFIVU) EBIT Explanation

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

CF Acquisition IV'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: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-1.184 * ( 1 - 37.62% )/( (85.472 + 87.375)/ 2 )
=-0.7385792/86.4235
=-0.85 %

where

Invested Capital(Q: Jun. 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))
=79.812 - 1.508 - ( 0.025 - max(0, 7.562 - 0.394+0.025))
=85.472

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))
=81.008 - 1.816 - ( 0.025 - max(0, 8.444 - 0.261+0.025))
=87.375

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

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

CF Acquisition IV'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: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.296/( ( (0 + max(-1.139, 0)) + (0 + max(-1.579, 0)) )/ 2 )
=3.296/( ( 0 + 0 )/ 2 )
=3.296/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.369) - (1.508 + 0 + 0)
=-1.139

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.236) - (1.816 + 0 + -0.00099999999999945)
=-1.579

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=2.713/0.000
= %

* 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.

CF Acquisition IV EBIT Related Terms

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CF Acquisition IV (CF Acquisition IV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » CF Acquisition Corp IV (NAS:CFIVU) » Definitions » EBIT
Comparable Companies
BOAC CONX BFAC VADP MNTN PRPC APCA ISRL APTM PHYT PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
110 East 59th Street, New York, NY, USA, 10022
Website
CF Acquisition Corp IV is a blank check company. It 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
Robert Hochberg director 110 EAST 59TH STREET, NEW YORK NY 10022
Mark E Kaplan director COWEN GROUP, INC., 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Steven Bisgay director 545 WASHINGTON BLVD, JERSEY CITY NJ 07310
Jane Novak officer: Chief Financial Officer 110 EAST 59TH STREET, NEW YORK NY 10022
Alice Chan director, officer: Chief Financial Officer 110 EAST 59TH STREET, NEW YORK NY 10022
Howard W Lutnick director, 10 percent owner, officer: Chief Executive Officer
Cantor Fitzgerald, L. P. 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022
Cf Group Management Inc 10 percent owner 135 EAST 57TH ST, NEW YORK NY 10022
Paul Pion director, officer: Chief Financial Officer RODIN GLOBAL PROPERTY TRUST, INC., 110 EAST 59TH STREET, NEW YORK NY 10022
Anshu Jain director, officer: President 110 EAST 59TH STREET, NEW YORK NY 10022
Charlotte Blechman director 110 EAST 59TH STREET, NEW YORK NY 10022
Cfac Holdings Iv, Llc 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022
Louis R. Zurita director CF FINANCE ACQUISITION CORP. IV, 110 EAST 59TH STREET, NEW YORK NY 10022