ESH Acquisition (ESH Acquisition) EBIT : $-0.77 Mil (TTM As of Mar. 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 Mar. 2024 was $-0.26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.77 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 Mar. 2024 was -0.76%. ESH Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 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 Mar. 2024 was -0.50%.

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
EBIT	Get a 7-Day Free Trial				-	-0.14	-0.24	-0.12	-0.26

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.77 Mil.

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 Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-1.056 * ( 1 - 12.45% )	/	( (120.128	+	121.623)	/ 2 )
=	-0.924528	/	120.8755
=	-0.76 %

where

	Invested Capital		(Q: Dec. 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	))
=	122.333	-	1.04	-	( 1.879	-	max(0, 1.04	-	2.205	+	1.879	))
=	120.128

	Invested Capital		(Q: Mar. 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	))
=	123.743	-	1.311	-	( 1.82	-	max(0, 1.311	-	2.12	+	1.82	))
=	121.623

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

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

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

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.056	/	( ( (0 + max(-0.74, 0))	+	(0 + max(-1.021, 0)) )	/	2 )
=	-1.056	/	( ( 0	+	0 )	/	2 )
=	-1.056	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.3)	-	(1.04	+	0	+	0)
=	-0.74

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.29)	-	(1.311	+	0	+	0)
=	-1.021

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 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: Mar. 2024 )
	=	-0.77	/	153.148
	=	-0.50 %

ESH Acquisition EBIT Related Terms

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ESH Acquisition (ESH Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ESH Acquisition Corp (NAS:ESHA) » Definitions » EBIT

Comparable Companies

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

ESH Acquisition (ESH Acquisition) Headlines

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