FOXWU (FoxWayne Enterprises Acquisition) EBIT : $1.27 Mil (TTM As of Sep. 2022)

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What is FoxWayne Enterprises Acquisition EBIT?

FoxWayne Enterprises Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $1.27 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FoxWayne Enterprises Acquisition's annualized ROC % for the quarter that ended in Sep. 2022 was -4.72%. FoxWayne Enterprises Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was %.

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

FoxWayne Enterprises Acquisition EBIT Historical Data

The historical data trend for FoxWayne Enterprises 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.

FoxWayne Enterprises Acquisition EBIT Chart

FoxWayne Enterprises Acquisition Annual Data

Trend

Dec20

Dec21

EBIT

-1.92

FoxWayne Enterprises Acquisition Quarterly Data
	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial			-0.42	-0.98	2.70	-0.01	-0.44

Competitive Comparison of FoxWayne Enterprises Acquisition's EBIT

For the Shell Companies subindustry, FoxWayne Enterprises 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.

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

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

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

FoxWayne Enterprises 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.27 Mil.

FoxWayne Enterprises Acquisition (NAS:FOXWU) EBIT Explanation

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

FoxWayne Enterprises Acquisition's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-1.752 * ( 1 - 0% )	/	( (59.483	+	14.767)	/ 2 )
=	-1.752	/	37.125
=	-4.72 %

where

	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	))
=	58.514	-	1.172	-	( 0.007	-	max(0, 2.207	-	0.066	+	0.007	))
=	59.483

	Invested Capital		(Q: Sep. 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	))
=	13.965	-	1.296	-	( 0.201	-	max(0, 2.331	-	0.233	+	0.201	))
=	14.767

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

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

FoxWayne Enterprises Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.752	/	( ( (0 + max(-1.113, 0))	+	(0 + max(-1.264, 0)) )	/	2 )
=	-1.752	/	( ( 0	+	0 )	/	2 )
=	-1.752	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.059)	-	(1.172	+	0	+	0)
=	-1.113

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.032)	-	(1.296	+	0	+	0)
=	-1.264

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	1.267	/	0.000
	=	%

FoxWayne Enterprises Acquisition EBIT Related Terms

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FoxWayne Enterprises Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FoxWayne Enterprises Acquisition Corp (NAS:FOXWU) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Rockefeller Plaza, Suite 1039, New York, NY, USA, 10020

Website

https://www.foxwayne.com

FoxWayne Enterprises Acquisition Corp is a blank check company.

Executives

Robb Knie	director, officer: Chairman and CEO	C/O INVENTERGY GLOBAL, INC., 900 EAST HAMILTON AVENUE SUITE 180, CAMPBELL CA 95008
Jonathan Hale Zippin	director	1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Foxwayne Enterprises Acquisition Sponsor Llc	director, 10 percent owner, officer: Chairman and CEO	1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Michael Reavey	director	1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Sundeep Agrawal	director	1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Jeff Pavell	director	1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020

FoxWayne Enterprises Acquisition Headlines

From GuruFocus

FoxWayne Enterprises Acquisition Corp. Announces Closing of $57,500,000 Initial Public Offering Including Full Exercise of the Underwriters' Over-Allotment Option

By PRNewswire PRNewswire • 01-22-2021

Aerami Therapeutics Holdings, Inc. and FoxWayne Enterprises Acquisition Corp. Mutually Agree to Terminate Business Combination Agreement

By PRNewswire PRNewswire • 03-04-2022

FOXWAYNE ENTERPRISES ACQUISITION CORP. ANNOUNCES CHANGE OF SPECIAL MEETING DATE AND INCREASE IN ITS CONTRIBUTION TO THE TRUST ACCOUNT FOR EXTENSION PROPOSAL

By PRNewswire PRNewswire • 11-29-2022

Innovative Inhaled Drug Delivery Developer Aerami Therapeutics to Merge with Special Purpose Acquisition Company FoxWayne Enterprises Acquisition Corp. to Become Public Company

By GuruFocusNews GuruFocusNews • 12-07-2021

FoxWayne Enterprises Acquisition Corp. Announces Securities to Commence Separate Trading

By PRNewswire PRNewswire • 02-26-2021

Investor Alert: The M&A Class Action Firm Announces an Investigation of the Merger of FoxWayne Enterprises Acquisition Corp. - FOXW

By PRNewswire PRNewswire • 12-16-2021

Innovative Inhaled Drug Delivery Developer Aerami Therapeutics to Merge with Special Purpose Acquisition Company FoxWayne Enterprises Acquisition Corp. to Become Public Company

By PRNewswire PRNewswire • 12-07-2021

FoxWayne Enterprises Acquisition Corp. Announces Pricing of $50,000,000 Initial Public Offering

By PRNewswire PRNewswire • 01-20-2021