Compute Health Acquisition (Compute Health Acquisition) EBIT : $-7.67 Mil (TTM As of Mar. 2023)

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What is Compute Health Acquisition EBIT?

Compute Health Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was $-3.56 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was $-7.67 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Compute Health Acquisition's annualized ROC % for the quarter that ended in Mar. 2023 was -14.85%. Compute Health Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -142,480.00%.

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

Compute Health Acquisition EBIT Historical Data

The historical data trend for Compute Health 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.

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Compute Health Acquisition EBIT Chart

Compute Health Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

-2.23

-4.69

Compute Health Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
EBIT	Get a 7-Day Free Trial					-0.58	-0.67	-1.02	-2.42	-3.56

Competitive Comparison of Compute Health Acquisition's EBIT

For the Shell Companies subindustry, Compute Health 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.

Compute Health Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Compute Health 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.

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 $-7.67 Mil.

Compute Health Acquisition (NYSE:CPUH.U) EBIT Explanation

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

Compute Health Acquisition'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 )
=	-14.248 * ( 1 - -1.54% )	/	( (95.259	+	99.644)	/ 2 )
=	-14.4674192	/	97.4515
=	-14.85 %

where

	Invested Capital		(Q: Dec. 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	))
=	95.339	-	0.444	-	( 0.766	-	max(0, 1.376	-	1.012	+	0.766	))
=	95.259

	Invested Capital		(Q: Mar. 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	))
=	96.96	-	0.12	-	( 0.281	-	max(0, 3.225	-	0.421	+	0.281	))
=	99.644

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

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

Compute Health Acquisition'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 )
=	-14.248	/	( ( (0 + max(-0.373, 0))	+	(0 + max(0.02, 0)) )	/	2 )
=	-14.248	/	( ( 0	+	0.02 )	/	2 )
=	-14.248	/	0.01
=	-142,480.00 %

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	+	0.071)	-	(0.444	+	0	+	-2.2204460492503E-16)
=	-0.373

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.14)	-	(0.12	+	0	+	0)
=	0.02

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2023 )
	=	-7.666	/	0.000
	=	%

Compute Health Acquisition EBIT Related Terms

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Compute Health Acquisition (Compute Health Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Compute Health Acquisition Corp (NYSE:CPUH.U) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1105 North Market Street, 4th Floor, Wilmington, DE, USA, 19890

Website

https://www.compute-health.com

Compute Health Acquisition Corp is a blank check company.

Executives

Omar Ishrak	director, 10 percent owner	710 MEDTRONIC PKWY, MS LC300, MINNEAPOLIS MN 55432
Gwendolyn A Watanabe	director	C/O SARATOGA VENTURES, 210 ALMENDRA AVENUE, LOS GATOS CA 95030
Joshua A Fink	director, 10 percent owner	540 MADISON AVENUE, 18TH FLOOR, NEW YORK NY 10022
Michael Harsh	director	3600 GREEN COURT, SUITE 350, ANN ARBOR MI 48105
Compute Health Sponsor Llc	director, 10 percent owner	1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801
Hani Barhoush	director	1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801
Jean Nehme	director, 10 percent owner	1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801
Compute Health Sponsor Ii Llc	director, 10 percent owner	1105 N. MARKET STREET, SUITE 1300, WILIMINGTON DE 19801
Osama Alswailem	director	1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801