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HLXB (Helix Acquisition II) EBIT : $-0.60 Mil (TTM As of Sep. 2024)


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What is Helix Acquisition II EBIT?

Helix Acquisition II's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.60 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Helix Acquisition II's annualized ROC % for the quarter that ended in Sep. 2024 was -0.47%. Helix Acquisition II's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -574.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Helix Acquisition II's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.24%.


Helix Acquisition II EBIT Historical Data

The historical data trend for Helix Acquisition II'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.

Helix Acquisition II EBIT Chart

Helix Acquisition II Annual Data
Trend Dec21 Dec22 Dec23
EBIT
- - -0.04

Helix Acquisition II Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.04 -0.11 -0.23 -0.22

Competitive Comparison of Helix Acquisition II's EBIT

For the Shell Companies subindustry, Helix Acquisition II'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.


Helix Acquisition II's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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



Helix Acquisition II 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.60 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.


Helix Acquisition II  (NAS:HLXB) EBIT Explanation

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

Helix Acquisition II's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-0.896 * ( 1 - 0% )/( (187.981 + 190.42)/ 2 )
=-0.896/189.2005
=-0.47 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Helix Acquisition II's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.896/( ( (0 + max(0.183, 0)) + (0 + max(0.129, 0)) )/ 2 )
=-0.896/( ( 0.183 + 0.129 )/ 2 )
=-0.896/0.156
=-574.36 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.262) - (0.079 + 0 + 0)
=0.183

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.256) - (0.127 + 0 + 0)
=0.129

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.602/248.585
=-0.24 %

* 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.


Helix Acquisition II EBIT Related Terms

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Helix Acquisition II Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Cormorant Asset Management, LP, 200 Clarendon Street, 52nd Floor, Boston, MA, USA, 02116
Website
Helix Acquisition Corp II is a Blank check company.