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Enterprise 4.0 Technology Acquisition (Enterprise 4.0 Technology Acquisition) EBIT : $-0.86 Mil (TTM As of Mar. 2023)


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What is Enterprise 4.0 Technology Acquisition EBIT?

Enterprise 4.0 Technology Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was $-0.29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was $-0.86 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Enterprise 4.0 Technology Acquisition's annualized ROC % for the quarter that ended in Mar. 2023 was -0.38%. Enterprise 4.0 Technology Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -673.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Enterprise 4.0 Technology Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -0.52%.

Enterprise 4.0 Technology Acquisition EBIT Historical Data

The historical data trend for Enterprise 4.0 Technology 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.

Enterprise 4.0 Technology Acquisition EBIT Chart

Enterprise 4.0 Technology Acquisition Annual Data
Trend Dec21 Dec22
EBIT
- -0.78

Enterprise 4.0 Technology Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
EBIT Get a 7-Day Free Trial -0.21 -0.21 -0.18 -0.18 -0.29

Competitive Comparison of Enterprise 4.0 Technology Acquisition's EBIT

For the Shell Companies subindustry, Enterprise 4.0 Technology 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.

Enterprise 4.0 Technology Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Enterprise 4.0 Technology Acquisition's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Enterprise 4.0 Technology Acquisition's EV-to-EBIT falls into.


Enterprise 4.0 Technology 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 $-0.86 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.

Enterprise 4.0 Technology Acquisition  (NAS:ENTF) EBIT Explanation

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

Enterprise 4.0 Technology 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 )
=-1.176 * ( 1 - 0% )/( (310.795 + 313.968)/ 2 )
=-1.176/312.3815
=-0.38 %

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))
=310.98 - 0.049 - ( 0.136 - max(0, 0.049 - 0.443+0.136))
=310.795

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))
=314.166 - 0.189 - ( 0.009 - max(0, 0.189 - 0.289+0.009))
=313.968

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

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

Enterprise 4.0 Technology 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 )
=-1.176/( ( (0 + max(0.258, 0)) + (0 + max(0.091, 0)) )/ 2 )
=-1.176/( ( 0.258 + 0.091 )/ 2 )
=-1.176/0.1745
=-673.93 %

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 + 0.307) - (0.049 + 0 + 0)
=0.258

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.28) - (0.189 + 0 + 0)
=0.091

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:

Enterprise 4.0 Technology Acquisition's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=-0.863/165.898
=-0.52 %

* 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.

Enterprise 4.0 Technology Acquisition EBIT Related Terms

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Enterprise 4.0 Technology Acquisition (Enterprise 4.0 Technology Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Enterprise 4.0 Technology Acquisition Corp (NAS:ENTF) » Definitions » EBIT
Comparable Companies
DHCA ARGU AGGR CSTA SSAA HMCO TWCB EZRG SIER ACDI GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
630 Ramona St., Palo Alto, CA, USA, 94301
Website
https://www.ent40acquisitioncorp.com
Enterprise 4.0 Technology Acquisition Corp is a blank check company.
Executives
Sudhakar Ramakrishna director 4750 WILLOW RD., PLEASANTON CA 94588
Christopher B Paisley director, officer: Chief Financial Officer 14870 THREE OAKS COURT, SARATOGA CA 95070
Judith Sim director C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Eric Benhamou director, officer: Chief Executive Officer 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Ronald Sege officer: Chief Operating Officer 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Steven C. Fletcher 10 percent owner C/O LEE ENTERPRISES, INCORPORATED, 4600 EAST 53RD STREET, DAVENPORT IA 52807
Explorer Parent Llc 10 percent owner 533 AIRPORT BOULEVARD, SUITE 400, BURLINGAME CA 94012
Founder Holdings Llc 10 percent owner 533 AIRPORT BOULEVARD, SUITE 400, BURLINGAME CA 94012
Alex Serge Vieux 10 percent owner C/O COMPUTER ASSOCIATES INTER INC, ONE COMPUTER ASSOC PLAZA, ISLANDIA NY 11749
Kim Le director 1608 PALA RANCH CIRCLE, SAN JOSE CA 95133
Mona Sabet director 533 AIRPORT BLVD SUITE 400, BURLINGAME CA 94010
Yashwanth Hemaraj officer: Chief Acquisition Officer 533 AIRPORT BLVD SUITE 400, BURLINGAME CA 94010
Ent4.0 Technology Sponsor Llc 10 percent owner 533 AIRPORT BLVD SUITE 400, BURLINGAME CA 94010