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Executive Network Partnering (Executive Network Partnering) EBIT : $-10.21 Mil (TTM As of Jun. 2022)


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What is Executive Network Partnering EBIT?

Executive Network Partnering's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2022 was $-8.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2022 was $-10.21 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Executive Network Partnering's annualized ROC % for the quarter that ended in Jun. 2022 was -7.85%. Executive Network Partnering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Executive Network Partnering's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was -2.48%.

Executive Network Partnering EBIT Historical Data

The historical data trend for Executive Network Partnering'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.

Executive Network Partnering EBIT Chart

Executive Network Partnering Annual Data
Trend Dec20 Dec21
EBIT
- -2.36

Executive Network Partnering Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.42 -1.18 -0.58 -8.13 -0.32

Competitive Comparison of Executive Network Partnering's EBIT

For the Shell Companies subindustry, Executive Network Partnering'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.

Executive Network Partnering's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Executive Network Partnering's EV-to-EBIT falls into.


Executive Network Partnering 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.21 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.

Executive Network Partnering  (NYSE:ENPC) EBIT Explanation

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

Executive Network Partnering's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

ROC % (Q: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Jun. 2022 ))/ count )
=-32.512 * ( 1 - -0.32% )/( (414.85 + 416.102)/ 2 )
=-32.6160384/415.476
=-7.85 %

where

Invested Capital(Q: Mar. 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))
=414.351 - 1.41 - ( 0.153 - max(0, 2.18 - 0.271+0.153))
=414.85

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))
=414.782 - 8.761 - ( 0.172 - max(0, 10.309 - 0.228+0.172))
=416.102

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

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

Executive Network Partnering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-32.512/( ( (0 + max(-1.292, 0)) + (0 + max(-8.705, 0)) )/ 2 )
=-32.512/( ( 0 + 0 )/ 2 )
=-32.512/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.118) - (1.41 + 0 + 4.4408920985006E-16)
=-1.292

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.056) - (8.761 + 0 + 0)
=-8.705

When net working capital is negative, 0 is used.

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

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

Executive Network Partnering's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2022 )
=-10.21/411.928
=-2.48 %

* 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.

Executive Network Partnering EBIT Related Terms

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Executive Network Partnering (Executive Network Partnering) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Executive Network Partnering Corp (NYSE:ENPC) » Definitions » EBIT
Comparable Companies
ARTA RNER HCVI CPAR PCPC TPGY TWLV HIGA CPAA NDAC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
137 Newbury Street, 7th Floor, Boston, MA, USA, 02116
Website
https://www.enpc.co
Executive Network Partnering Corp is a blank check company.
Executives
Michael M Calbert director C/O DOLLAR GENERAL CORPORATION, 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Paul D Ryan director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Gisel Ruiz director C/O VITAL FARMS, INC., 3601 SOUTH CONGRESS AVENUE, SUITE C100, AUSTIN TX 78704
Richard W Boyce director 301 COMMERCE STREET, SUITE 3300, FORTH WORTH TX 76102
Alex J. Dunn director C/O VIVINT SOLAR, INC., 3301 N. THANKSGIVING WAY, SUITE 500, LEHI UT 84043
Enpc Holdings, Llc 10 percent owner 137 NEWBURY STREET, 7TH FLOOR, BOSTON MA 02116