Gores Holdings VII (Gores Holdings VII) EBIT : $-1.99 Mil (TTM As of Sep. 2022)

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What is Gores Holdings VII EBIT?

Gores Holdings VII's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-1.99 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gores Holdings VII's annualized ROC % for the quarter that ended in Sep. 2022 was -0.34%. Gores Holdings VII'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.

Gores Holdings VII EBIT Historical Data

The historical data trend for Gores Holdings VII'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.

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Gores Holdings VII EBIT Chart

Gores Holdings VII Annual Data

Trend

Dec20

Dec21

EBIT

-3.79

Gores Holdings VII Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial			-1.89	-0.48	-0.61	-0.43	-0.47

Competitive Comparison of Gores Holdings VII's EBIT

For the Shell Companies subindustry, Gores Holdings VII'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 Holdings VII's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Gores Holdings VII 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 $-1.99 Mil.

Gores Holdings VII (NAS:GSEVW) EBIT Explanation

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

Gores Holdings VII'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 )
=	-1.872 * ( 1 - 0% )	/	( (557.471	+	553.55)	/ 2 )
=	-1.872	/	555.5105
=	-0.34 %

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	))
=	551.387	-	2.188	-	( 0.107	-	max(0, 9.044	-	0.772	+	0.107	))
=	557.471

	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	))
=	551.987	-	2.201	-	( 1.081	-	max(0, 5.246	-	1.482	+	1.081	))
=	553.55

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

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

Gores Holdings VII'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 )
=	-1.872	/	( ( (0 + max(-6.679, 0))	+	(0 + max(-3.145, 0)) )	/	2 )
=	-1.872	/	( ( 0	+	0 )	/	2 )
=	-1.872	/	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	+	0.665)	-	(2.188	+	0	+	5.156)
=	-6.679

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.401)	-	(2.201	+	0	+	1.345)
=	-3.145

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-1.991	/	0.000
	=	%

Gores Holdings VII EBIT Related Terms

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Gores Holdings VII (Gores Holdings VII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gores Holdings VII Inc (NAS:GSEVW) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

6260 Lookout Road, Boulder, CO, USA, 80301

Website

Gores Holdings VII Inc is a blank check company.

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