Healthwell Acquisition I (Healthwell Acquisition I) EBIT : $-0.60 Mil (TTM As of Jun. 2023)

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What is Healthwell Acquisition I EBIT?

Healthwell Acquisition I's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $-0.60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.60 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Healthwell Acquisition I's annualized ROC % for the quarter that ended in Jun. 2023 was -4.05%. Healthwell Acquisition I's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Healthwell Acquisition I's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -0.56%.

Healthwell Acquisition I EBIT Historical Data

The historical data trend for Healthwell Acquisition I'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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Healthwell Acquisition I EBIT Chart

Healthwell Acquisition I Annual Data

Trend

Dec21

Dec22

EBIT

-1.62

Healthwell Acquisition I Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
EBIT	Get a 7-Day Free Trial					2.64	-0.61	-0.34	0.93	-0.60

Competitive Comparison of Healthwell Acquisition I's EBIT

For the Shell Companies subindustry, Healthwell Acquisition I'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.

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

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

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

Healthwell Acquisition I 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.60 Mil.

Healthwell Acquisition I (NAS:HWEL) EBIT Explanation

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

Healthwell Acquisition I's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-4.98 * ( 1 - -109.24% )	/	( (255.867	+	259.171)	/ 2 )
=	-10.420152	/	257.519
=	-4.05 %

where

	Invested Capital		(Q: Mar. 2023 )
=	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	))
=	256.102	-	1.081	-	( 0.035	-	max(0, 1.122	-	0.276	+	0.035	))
=	255.867

	Invested Capital		(Q: Jun. 2023 )
=	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	))
=	259.049	-	2.387	-	( 0.047	-	max(0, 2.664	-	0.155	+	0.047	))
=	259.171

Note: The Operating Income data used here is four times the quarterly (Jun. 2023) data.

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

Healthwell Acquisition I's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.38	/	( ( (0 + max(-0.84, 0))	+	(0 + max(-2.28, 0)) )	/	2 )
=	-2.38	/	( ( 0	+	0 )	/	2 )
=	-2.38	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.241)	-	(1.081	+	0	+	2.2204460492503E-16)
=	-0.84

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.108)	-	(2.387	+	0	+	0.00099999999999989)
=	-2.28

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-0.604	/	108.148
	=	-0.56 %

Healthwell Acquisition I EBIT Related Terms

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Healthwell Acquisition I (Healthwell Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Healthwell Acquisition Corp I (NAS:HWEL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 Green Bay Road, Suite 227, Winnetka, IL, USA, 60093

Website

https://www.healthwellspac.com

Healthwell Acquisition Corp I is a blank check company.

Executives

Ellen Levy	director	C/O INSTRUCTURE, INC., 6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
George R Hornig	director	625 MADISON AVE SUITE 10-B, NEW YORK NY 10017
Christie Hefner	director	PLAYBOY ENT., INC. - H. SHAPIRO, 680 N. LAKE SHORE DRIVE, CHICAGO IL 60611
John L Maccarthy	director, 10 percent owner	333 WEST WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Healthwell Acquisition Corp. I Sponsor Llc	10 percent owner	1001 GREEN BAY RD. #227, WINNETKA IL 60093
Alyssa Rapp	director, 10 percent owner, officer: Chief Executive Officer	C/O HEALTHWELL ACQUISITION CORP. I, 1001 GREEN BAY RD., #227, WINNETKA IL 60093
Curtis Feeny	director	C/O HEALTHWELL ACQUISITION CORP. I, 1001 GREEN BAY RD., #227, WINNETKA IL 60093
Carl Allegretti	director	C/O HEALTHWELL ACQUISITION CORP. I, 1001 GREEN BAY RD., #227, WINNETKA IL 60093
Tracy Wan	director, officer: Chief Financial Officer	C/O HEALTHWELL ACQUISITION CORP. I, 1001 GREEN BAY RD., #227, WINNETKA IL 60093
Matt Wandoloski	director	C/O HEALTHWELL ACQUISITION CORP. I, 1001 GREEN BAY RD., #227, WINNETKA IL 60093