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Evergreen (Evergreen) EBIT : $-1.42 Mil (TTM As of Feb. 2024)


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What is Evergreen EBIT?

Evergreen's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was $-0.25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was $-1.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Evergreen's annualized ROC % for the quarter that ended in Feb. 2024 was -1.12%. Evergreen's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Evergreen EBIT Historical Data

The historical data trend for Evergreen'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.

Evergreen EBIT Chart

Evergreen Annual Data
Trend Nov21 Nov22 Nov23
EBIT
- -0.42 -1.34

Evergreen Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.17 -0.43 -0.25 -0.50 -0.25

Competitive Comparison of Evergreen's EBIT

For the Shell Companies subindustry, Evergreen'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.

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

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

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


Evergreen 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.42 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.

Evergreen  (NAS:EVGRU) EBIT Explanation

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

Evergreen's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=-0.984 * ( 1 - 0% )/( (86.54 + 88.539)/ 2 )
=-0.984/87.5395
=-1.12 %

where

Invested Capital(Q: Nov. 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))
=83.142 - 0.494 - ( 0.147 - max(0, 4.084 - 0.192+0.147))
=86.54

Invested Capital(Q: Feb. 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))
=84.552 - 0.631 - ( 0.025 - max(0, 4.66 - 0.042+0.025))
=88.539

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

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

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

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.984/( ( (0 + max(-0.449, 0)) + (0 + max(-0.614, 0)) )/ 2 )
=-0.984/( ( 0 + 0 )/ 2 )
=-0.984/0
= %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.045) - (0.494 + 0 + 0)
=-0.449

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.017) - (0.631 + 0 + 0)
=-0.614

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=-1.423/0.000
= %

* 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.

Evergreen EBIT Related Terms

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Evergreen (Evergreen) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Evergreen Corp (NAS:EVGRU) » Definitions » EBIT
Comparable Companies
APXI BYN DECA ARRW NPAB DSAQ NSTB CPTK TBCP OPA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
EVGR:USA
Address
Glo Damansara, 699, Lot 1.02, Level 1, Jalan Damansara, Taman Tun Dr Ismail, Kuala Lumpur, SGR, MYS, 60000
Website
Evergreen Corp is a blank check company.
Executives
Evergreen Llc 10 percent owner 78 SW 7TH STREET, SUITE 500, MIAMI FL 33130
Choon Lian Liew director, 10 percent owner, officer: Chief Executive Officer 78 SW 7TH STREET, SUITE 500, MIAMI FL 33130
Lim Wai Loong director 15-04, THE PINNACLE, PERSIARAN LAGOON, BANDAR SUNWAY, PETALING JAYA, SELANGOR N8 46150
Santos Alberto Coronado director 15-04, THE PINNACLE, PERSIARAN LAGOON, BANDAR SUNWAY, PETALING JAYA, SELANGOR N8 46150
Bin Mohd Ramli Izmet Iskandar director, officer: Chief Financial Officer 15-04, THE PINNACLE, PERSIARAN LAGOON, BANDAR SUNWAY, PETALING JAYA, SELANGOR N8 46150
Bin Ahmad Mohamad Zabidi director 15-04, THE PINNACLE, PERSIARAN LAGOON, BANDAR SUNWAY, PETALING JAYA, SELANGOR N8 46150