Crucible Acquisition (Crucible Acquisition) EBIT : $-1.20 Mil (TTM As of Sep. 2022)

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What is Crucible Acquisition EBIT?

Crucible Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-1.20 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Crucible Acquisition's annualized ROC % for the quarter that ended in Sep. 2022 was -0.35%. Crucible Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Crucible Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -0.37%.

Crucible Acquisition EBIT Historical Data

The historical data trend for Crucible 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.

* Premium members only.

Crucible Acquisition EBIT Chart

Crucible Acquisition Annual Data

Trend

Dec20

Dec21

EBIT

-3.91

Crucible Acquisition Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial				-0.40	-0.40	-0.42	-0.13	-0.26

Competitive Comparison of Crucible Acquisition's EBIT

For the Shell Companies subindustry, Crucible 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.

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

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

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

Crucible 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.20 Mil.

Crucible Acquisition (NYSE:CRU) EBIT Explanation

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

Crucible Acquisition's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-1.024 * ( 1 - 11.19% )	/	( (259.278	+	260.552)	/ 2 )
=	-0.9094144	/	259.915
=	-0.35 %

where

	Invested Capital		(Q: Jun. 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	))
=	260.023	-	0.511	-	( 0.544	-	max(0, 0.511	-	0.745	+	0.544	))
=	259.278

	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	))
=	260.907	-	0.641	-	( 0.26	-	max(0, 0.641	-	0.355	+	0.26	))
=	260.552

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Crucible Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.024	/	( ( (0 + max(-0.31, 0))	+	(0 + max(-0.546, 0)) )	/	2 )
=	-1.024	/	( ( 0	+	0 )	/	2 )
=	-1.024	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.201)	-	(0.511	+	0	+	0)
=	-0.31

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.095)	-	(0.641	+	0	+	0)
=	-0.546

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-1.203	/	327.964
	=	-0.37 %

Crucible Acquisition EBIT Related Terms

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Crucible Acquisition (Crucible Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Crucible Acquisition Corp (NYSE:CRU) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

645 Walnut Street, Boulder, CO, USA, 80302

Website

https://www.crucibleacquisition.com

Crucible Acquisition Corp is a blank check company.

Executives

Sara Baack	director	ONE LAGOON DRIVE, 4TH FLOOR, REDWOOD CITY CA 94065
Bradley A Feld	director, officer: Chairman of the Board	C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302
Foundry Group Next 2018, L.p.	director, 10 percent owner	645 WALNUT STREET, BOULDER CO 80302
Fg Next Gp 2018, Llc	director, 10 percent owner	1050 WALNUT ST #210, BOULDER CO 80302
James M Lejeal	director, officer: Chief Executive Officer	3333 WALNUT STREET, BOULDER CO 80301
Margaret Porfido	director	175 CORDOVA COURT, BOULDER CO 80303
Foundry Crucible I, Llc	director, 10 percent owner	1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Jewel M. Burks	director	C/O CRUCIBLE ACQUISITION CORPORATION, 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Jason M. Lynch	officer: Chief Administrative Officer	C/O CRUCIBLE ACQUISITION CORPORATION, 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302

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