FSSIW (Fortistar Sustainable Solutions) EBIT: $-2.53 Mil (TTM As of Sep. 2022)

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FSSIW Fortistar Sustainable Solutions Corp FSSIW
24 GF Score
Price $0.00
! 2 Warning Signs
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What is Fortistar Sustainable Solutions EBIT?

Fortistar Sustainable Solutions FSSIW 24 EBIT is $-2.53 Mil as of Sep. 2022. GuruFocus rates FSSIW with a GF Score™ of 24/100. The stock has 2 warning signs investors should review.

Fortistar Sustainable Solutions's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-2.53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fortistar Sustainable Solutions's annualized ROC % for the quarter that ended in Sep. 2022 was -0.28%. Fortistar Sustainable Solutions'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.


Fortistar Sustainable Solutions  (NAS:FSSIW) EBIT Explanation

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

Fortistar Sustainable Solutions'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 )
=-0.916 * ( 1 - 21.73% )/( (259.371 + 260.547)/ 2 )
=-0.7169532/259.959
=-0.28 %

where

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

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

Fortistar Sustainable Solutions'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 )
=-0.916/( ( (0 + max(-1.526, 0)) + (0 + max(-1.917, 0)) )/ 2 )
=-0.916/( ( 0 + 0 )/ 2 )
=-0.916/0
= %

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 + 0.186) - (1.487 + 0.225 + -2.2204460492503E-16)
=-1.526

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.095) - (1.787 + 0.225 + 0)
=-1.917

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:

Fortistar Sustainable Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-2.525/0.000
= %

* 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.


Fortistar Sustainable Solutions EBIT Related Terms


Fortistar Sustainable Solutions EBIT Historical Data

* Premium members only.

The historical data trend for Fortistar Sustainable Solutions'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.

Fortistar Sustainable Solutions EBIT Chart

Fortistar Sustainable Solutions Annual Data
Trend Dec20 Dec21
EBIT
0.00 -2.37

Fortistar Sustainable Solutions Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
EBIT Get a 7-Day Free Trial -0.25 -1.65 -0.41 -0.24 -0.23

FSSIW vs IPVA, CRU, HLAH: EBIT Comparison

For the Shell Companies subindustry, Fortistar Sustainable Solutions'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.


Fortistar Sustainable Solutions EV-to-EBIT vs Diversified Financial Services Industry

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

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


FSSIW
24GF Score
Fortistar Sustainable Solutions Corp FSSIW
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortistar Sustainable Solutions 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 $-2.53 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-2.53 Mil mean?
Fortistar Sustainable Solutions (FSSIW) has a EBIT of $-2.53 Mil as of Sep. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Fortistar Sustainable Solutions.
Is Fortistar Sustainable Solutions' EBIT too high?
Fortistar Sustainable Solutions' current EBIT is $-2.53 Mil. Overall, Fortistar Sustainable Solutions has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Fortistar Sustainable Solutions' EBIT compare to IPVA and CRU?
Fortistar Sustainable Solutions' EBIT of $-2.53 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Diversified Financial Services company?
A good EBIT depends on the Diversified Financial Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Fortistar Sustainable Solutions. Fortistar Sustainable Solutions's current EBIT is $-2.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortistar Sustainable Solutions stock overvalued right now?
Fortistar Sustainable Solutions (FSSIW) has a current EBIT of $-2.53 Mil. The current EBIT is $-2.53 Mil. Fortistar Sustainable Solutions' overall GF Score™ is 24/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Fortistar Sustainable Solutions (FSSIW), the current EBIT is $-2.53 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fortistar Sustainable Solutions Business Description

Address One North Lexington Avenue, White Plains, NY, USA, 10601
Fortistar Sustainable Solutions Corp is a blank check company.
24GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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