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ESHA (ESH Acquisition) EBIT : $-0.82 Mil (TTM As of Sep. 2024)


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What is ESH Acquisition EBIT?

ESH Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ESH Acquisition's annualized ROC % for the quarter that ended in Sep. 2024 was -0.52%. ESH Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ESH Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.94%.

ESH Acquisition EBIT Historical Data

The historical data trend for ESH 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.

ESH Acquisition EBIT Chart

ESH Acquisition Annual Data
Trend Dec21 Dec22 Dec23
EBIT
- -0.02 -0.51

ESH Acquisition Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.24 -0.12 -0.26 -0.23 -0.21

Competitive Comparison of ESH Acquisition's EBIT

For the Shell Companies subindustry, ESH 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.

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

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

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


ESH 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.82 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.

ESH Acquisition  (NAS:ESHA) EBIT Explanation

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

ESH Acquisition's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-0.828 * ( 1 - 23.37% )/( (122.205 + 123.794)/ 2 )
=-0.6344964/122.9995
=-0.52 %

where

Invested Capital(Q: Jun. 2024 )
=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))
=124.296 - 0.844 - ( 1.628 - max(0, 0.844 - 2.091+1.628))
=122.205

Invested Capital(Q: Sep. 2024 )
=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))
=125.582 - 1.071 - ( 1.46 - max(0, 1.071 - 1.788+1.46))
=123.794

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

ESH Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.828/( ( (0 + max(-0.395, 0)) + (0 + max(-0.757, 0)) )/ 2 )
=-0.828/( ( 0 + 0 )/ 2 )
=-0.828/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.449) - (0.844 + 0 + 0)
=-0.395

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.314) - (1.071 + 0 + 0)
=-0.757

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.821/42.364
=-1.94 %

* 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.

ESH Acquisition EBIT Related Terms

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ESH Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ESH Acquisition Corp (NAS:ESHA) » Definitions » EBIT
Comparable Companies
ROSS NSTD KRNL WNNR IRAA NSTC MBAC TLGY PACI LHC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
228 Park Avenue S, Suite 89898, New York, NY, USA, 10003-1502
Website
ESH Acquisition Corp is a newly organized blank check company.
Executives
James L Francis director, 10 percent owner, officer: Chief Executive Officer 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Jonathan D Morris director, officer: Chief Financial Officer C/O IMAGEWARE SYSTEMS, INC., 13500 EVENING CREEK DRIVE N SUITE 550, SAN DIEGO CA 92128
Allen R Weiss director C/O DICK'S SPORTING GOODS, INC., 345 COURT STREET, CORAOPOLIS PA 15108
Christina M Francis director 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Thomas Wolber director 1724 WINDERMERE DOWNS PL, WINDERMERE FL 34786
Christopher Homer Ackerley director 1840 BROADMOOR DR E, SEATTLE WA 98112
Jonathan Gordon director 270 LAFAYETTER STREET, SUITE 810, NEW YORK NY 10012