Fortress Value Acquisition IV (Fortress Value Acquisition IV) EBIT : $-1.06 Mil (TTM As of Sep. 2022)

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What is Fortress Value Acquisition IV EBIT?

Fortress Value Acquisition IV's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-1.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fortress Value Acquisition IV's annualized ROC % for the quarter that ended in Sep. 2022 was -0.12%. Fortress Value Acquisition IV'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. Fortress Value Acquisition IV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -0.13%.

Fortress Value Acquisition IV EBIT Historical Data

The historical data trend for Fortress Value Acquisition IV'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.

Fortress Value Acquisition IV EBIT Chart

Fortress Value Acquisition IV Annual Data

Trend

Dec20

Dec21

EBIT

-0.97

Fortress Value Acquisition IV Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial			-0.25	-0.25	-0.32	-0.24	-0.26

Competitive Comparison of Fortress Value Acquisition IV's EBIT

For the Shell Companies subindustry, Fortress Value Acquisition IV'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.

Fortress Value Acquisition IV's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Fortress Value Acquisition IV 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 $-1.06 Mil.

Fortress Value Acquisition IV (NYSE:FVIV) EBIT Explanation

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

Fortress Value Acquisition IV'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 )
=	-1.02 * ( 1 - 23.99% )	/	( (650.876	+	653.668)	/ 2 )
=	-0.775302	/	652.272
=	-0.12 %

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	))
=	652.343	-	0.529	-	( 1.217	-	max(0, 0.529	-	1.467	+	1.217	))
=	650.876

	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	))
=	654.806	-	1	-	( 0.983	-	max(0, 1	-	1.138	+	0.983	))
=	653.668

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

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

Fortress Value Acquisition IV'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 )
=	-1.02	/	( ( (0 + max(-0.279, 0))	+	(0 + max(-0.845, 0)) )	/	2 )
=	-1.02	/	( ( 0	+	0 )	/	2 )
=	-1.02	/	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	+	0.25)	-	(0.529	+	0	+	0)
=	-0.279

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.155)	-	(1	+	0	+	0)
=	-0.845

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-1.056	/	814.767
	=	-0.13 %

Fortress Value Acquisition IV EBIT Related Terms

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Fortress Value Acquisition IV (Fortress Value Acquisition IV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fortress Value Acquisition Corp IV (NYSE:FVIV) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1345 Avenue of the Americas, 46th Floor, New York, NY, USA, 10105

Website

https://www.fortressvalueac4.com

Fortress Value Acquisition Corp IV is a blank check company.

Executives

Teddy B Bartley	director	C/O FORTRESS VALUE ACQUISITION CORP. IV, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Leilani Verge	director	C/O FORTRESS VALUE ACQUISITION CORP. IV, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
David Weinreb	director	13355 NOEL ROAD, SUITE 950, DALLAS TX 75240
Andrew A. Mcknight	director	ONE MARKET PLAZA, SPEAR TOWER 42ND FLOOR, SAN FRANCISCO CA 94123
Joshua A Pack	director, officer: Chief Executive Officer	C/O FIG LLC, 10250 CONSTELLATION BLVD., SUITE 1600, LOS ANGELES CA 90067
Daniel Bass	officer: Chief Financial Officer	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Micah B Kaplan	officer: Chief Operating Officer	C/O FORTRESS INVESTMENT GROUP, LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Alexander P Gillette	officer: General Counsel and Secretary	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Marc Furstein	director	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Leslee Cowen	director	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Value Acquisition Sponsor Iv Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Claudio Reyna	director	C/O FORTRESS VALUE ACQUISITION CORP. IV, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105

Fortress Value Acquisition IV (Fortress Value Acquisition IV) Headlines

From GuruFocus

Fortress Value Acquisition Corp. IV Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing May 6, 2021

By Business Wire Business Wire • 05-04-2021

Fortress Value Acquisition Corp. IV Announces Special Meeting

By Business Wire Business Wire • 10-12-2022