HumanCo Acquisition (HumanCo Acquisition) EBIT : $-2.20 Mil (TTM As of Jun. 2022)

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What is HumanCo Acquisition EBIT?

HumanCo Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2022 was $-0.25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2022 was $-2.20 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HumanCo Acquisition's annualized ROC % for the quarter that ended in Jun. 2022 was -0.32%. HumanCo Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was %.

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

HumanCo Acquisition EBIT Historical Data

The historical data trend for HumanCo Acquisition'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.

HumanCo Acquisition EBIT Chart

HumanCo Acquisition Annual Data

Trend

Dec20

Dec21

EBIT

-2.17

HumanCo Acquisition Quarterly Data
	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
EBIT	Get a 7-Day Free Trial			-0.34	-0.78	-0.81	-0.36	-0.25

Competitive Comparison of HumanCo Acquisition's EBIT

For the Shell Companies subindustry, HumanCo Acquisition'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.

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

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

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

HumanCo Acquisition 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.20 Mil.

HumanCo Acquisition (NAS:HMCOU) EBIT Explanation

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

HumanCo Acquisition's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

	ROC % (Q: Jun. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2022 )	+	Invested Capital (Q: Jun. 2022 ))	/ count )
=	-1.008 * ( 1 - 0.08% )	/	( (312.522	+	312.627)	/ 2 )
=	-1.0071936	/	312.5745
=	-0.32 %

where

	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	))
=	313.328	-	0.869	-	( 0.554	-	max(0, 0.869	-	0.806	+	0.554	))
=	312.522

	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	))
=	313.158	-	0.813	-	( 0.372	-	max(0, 0.813	-	0.531	+	0.372	))
=	312.627

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

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

HumanCo Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2022		Q: Jun. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.008	/	( ( (0 + max(-0.617, 0))	+	(0 + max(-0.654, 0)) )	/	2 )
=	-1.008	/	( ( 0	+	0 )	/	2 )
=	-1.008	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Mar. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.252)	-	(0.869	+	0	+	0)
=	-0.617

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.159)	-	(0.813	+	0	+	0)
=	-0.654

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2022 )
	=	-2.199	/	0.000
	=	%

HumanCo Acquisition EBIT Related Terms

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HumanCo Acquisition (HumanCo Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HumanCo Acquisition Corp (NAS:HMCOU) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Austin, P.O. Box 90608, Austin, TX, USA, 78709

Website

https://ir.humancospac.com

HumanCo Acquisition Corp is a blank check company.

Executives

Mizuho Securities Usa Llc	10 percent owner	1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Mizuho Financial Group Inc	10 percent owner	1-5-5, OTEMACHI, CHIYODA-KU, TOKYO M0 100-8176
Mizuho Bank, Ltd.	10 percent owner	1-5-5, OTEMACHI, CHIYODA-KU, TOKYO M0 100-8176
Brian P Kelley	director	P.O. BOX 90608, AUSTIN TX 78709
Richard Dean Hollis	director	3603 HAVEN AVENUE, SUITE E, MENLO PARK CA 94025
Ross Berman	director, officer: Chief Executive Officer	P.O. BOX 90608, AUSTIN TX 78709
John M. Foraker	director	P.O. BOX 90608, AUSTIN TX 78709
Amy Zipper	officer: Chief Operating Officer	P.O. BOX 90608, AUSTIN TX 78709
Jason H. Karp	director, officer: Executive Co-Chairman	P.O. BOX 90608, AUSTIN TX 78709
Rohan Oza	director	515 WEST 20TH STREET, 4W, NEW YORK NY 10011
Brett J. Thomas	officer: President	515 WEST 20TH STREET, 4W, NEW YORK NY 10011
Katrina Cole	director	P.O. BOX 90608, AUSTIN TX 78709

HumanCo Acquisition (HumanCo Acquisition) Headlines

From GuruFocus

HumanCo Acquisition Corp. Provides Update on Periodic Reporting

By PRNewswire PRNewswire • 05-28-2021

HumanCo Acquisition Corp. Announces Liquidation

By PRNewswire PRNewswire • 11-21-2022

HumanCo Acquisition Corp. Announces the Separate Trading of its Shares of Class A Common Stock and Redeemable Warrants Commencing January 28, 2021

By PRNewswire PRNewswire • 01-28-2021