LKSP (Lake Superior Acquisition) EBIT: $-0.70 Mil (TTM As of Mar. 2026)

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LKSP Lake Superior Acquisition Corp LKSP
15 GF Score
Price $10.17
! 1 Warning Sign
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What is Lake Superior Acquisition EBIT?

Lake Superior Acquisition LKSP +0.10% 15 EBIT is $-0.70 Mil as of Mar. 2026. GuruFocus rates LKSP with a GF Score™ of 15/100. The stock has 1 warning sign investors should review.

Lake Superior Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-0.39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lake Superior Acquisition's annualized ROC % for the quarter that ended in Mar. 2026 was -1.32%. Lake Superior Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -7,720.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lake Superior Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.44%.

Lake Superior Acquisition  (NAS:LKSP) EBIT Explanation

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

Lake Superior Acquisition's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-1.544 * ( 1 - 0% )/( (116.12 + 117.143)/ 2 )
=-1.544/116.6315
=-1.32 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=116.586 - 0.034 - ( 0.486 - max(0, 0.128 - 0.56+0.486))
=116.12

Invested Capital(Q: Mar. 2026 )
=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))
=117.318 - 0.129 - ( 0.184 - max(0, 0.224 - 0.27+0.184))
=117.143

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Lake Superior Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.544/( ( (0 + max(0.04, 0)) + (0 + max(-0.044, 0)) )/ 2 )
=-1.544/( ( 0.04 + 0 )/ 2 )
=-1.544/0.02
=-7,720.00 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.074) - (0.034 + 0 + 0)
=0.04

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.086) - (0.129 + 0 + 0.001)
=-0.044

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-0.698/159.512
=-0.44 %

* 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.

Lake Superior Acquisition EBIT Related Terms

Lake Superior Acquisition EBIT Historical Data

* Premium members only.

The historical data trend for Lake Superior 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.

Lake Superior Acquisition EBIT Chart

Lake Superior Acquisition Annual Data
Trend Dec24 Dec25
EBIT
0.00 -0.36

Lake Superior Acquisition Quarterly Data
Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial -0.05 -0.06 -0.03 -0.23 -0.39

LKSP vs WENC, GLED, SAGU: EBIT Comparison

For the Shell Companies subindustry, Lake Superior 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.

Lake Superior Acquisition EV-to-EBIT vs Diversified Financial Services Industry

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

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


LKSP
15GF Score
Lake Superior Acquisition Corp LKSP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Lake Superior 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.70 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 $-0.70 Mil mean?
Lake Superior Acquisition (LKSP) has a EBIT of $-0.70 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lake Superior Acquisition.
Is Lake Superior Acquisition's EBIT too high?
Lake Superior Acquisition's current EBIT is $-0.70 Mil. Overall, Lake Superior Acquisition has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Lake Superior Acquisition's EBIT compare to WENC and GLED?
Lake Superior Acquisition's EBIT of $-0.70 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 Lake Superior Acquisition. Lake Superior Acquisition's current EBIT is $-0.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lake Superior Acquisition stock overvalued right now?
Lake Superior Acquisition (LKSP) has a current EBIT of $-0.70 Mil. The current EBIT is $-0.70 Mil. Lake Superior Acquisition's overall GF Score™ is 15/100 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 Lake Superior Acquisition (LKSP), the current EBIT is $-0.70 Mil as of Mar. 2026. 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.

Lake Superior Acquisition Business Description

Address 521 Fifth Avenue, 17th Floor, New York, NY, USA, 10175
Lake Superior Acquisition Corp is a blank check company.
15GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.17
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