GGPIW (Gores Guggenheim) EBIT: $-9.96 Mil (TTM As of Mar. 2022)


GGPIW Gores Guggenheim Inc GGPIW
22 GF Score
Price $2.52
! 1 Warning Sign
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What is Gores Guggenheim EBIT?

Gores Guggenheim GGPIW 22 EBIT is $-9.96 Mil as of Mar. 2022. GuruFocus rates GGPIW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Gores Guggenheim's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2022 was $-1.66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2022 was $-9.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gores Guggenheim's annualized ROC % for the quarter that ended in Mar. 2022 was -0.19%. Gores Guggenheim's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was %.

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

Gores Guggenheim  (NAS:GGPIW) EBIT Explanation

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

Gores Guggenheim's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

ROC % (Q: Mar. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Mar. 2022 ))/ count )
=-1.662 * ( 1 - 0% )/( (898.056 + 881.886)/ 2 )
=-1.662/889.971
=-0.19 %

where

Invested Capital(Q: Dec. 2021 )
=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))
=801.836 - 6.929 - ( 0.303 - max(0, 104.929 - 1.78+0.303))
=898.056

Invested Capital(Q: Mar. 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))
=801.724 - 7.9 - ( 0.35 - max(0, 89.65 - 1.588+0.35))
=881.886

Note: The Operating Income data used here is one times the annual (Mar. 2022) data.

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

Gores Guggenheim's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Mar. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.662/( ( (0 + max(-101.452, 0)) + (0 + max(-85.912, 0)) )/ 2 )
=-1.662/( ( 0 + 0 )/ 2 )
=-1.662/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1.477) - (6.929 + 0 + 96)
=-101.452

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1.238) - (7.9 + 0 + 79.25)
=-85.912

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2022 )
=-9.959/0.000
= %

* 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.

Gores Guggenheim EBIT Related Terms

Gores Guggenheim EBIT Historical Data

* Premium members only.

The historical data trend for Gores Guggenheim'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.

Gores Guggenheim EBIT Chart

Gores Guggenheim Annual Data
Trend Dec20 Dec21
EBIT
0.00 -8.42

Gores Guggenheim Semi-Annual Data
Jan21 Mar21 Jun21 Sep21 Dec21 Mar22
EBIT Get a 7-Day Free Trial -0.12 -0.64 -5.04 -2.61 -1.66

GGPIW vs CRHC, CPUH, HERA: EBIT Comparison

For the Shell Companies subindustry, Gores Guggenheim'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.

Gores Guggenheim EV-to-EBIT vs Diversified Financial Services Industry

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

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


GGPIW
22GF Score
Gores Guggenheim Inc GGPIW
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Gores Guggenheim 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2022 was $-9.96 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 $-9.96 Mil mean?
Gores Guggenheim (GGPIW) has a EBIT of $-9.96 Mil as of Mar. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Gores Guggenheim.
Is Gores Guggenheim's EBIT too high?
Gores Guggenheim's current EBIT is $-9.96 Mil. Overall, Gores Guggenheim has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Gores Guggenheim's EBIT compare to CRHC and CPUH?
Gores Guggenheim's EBIT of $-9.96 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 Gores Guggenheim. Gores Guggenheim's current EBIT is $-9.96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gores Guggenheim stock overvalued right now?
Gores Guggenheim (GGPIW) has a current EBIT of $-9.96 Mil. The current EBIT is $-9.96 Mil. Gores Guggenheim's overall GF Score™ is 22/100 with 1 warning sign 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 Gores Guggenheim (GGPIW), the current EBIT is $-9.96 Mil as of Mar. 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.

Gores Guggenheim Business Description

Address 6260 Lookout Road, Boulder, CO, USA, 80301
Gores Guggenheim Inc is a blank check company.
22GF 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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