M3 Brigade Acquisition II (M3 Brigade Acquisition II) EBIT : $-2.05 Mil (TTM As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is M3 Brigade Acquisition II EBIT?

M3 Brigade Acquisition II's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.05 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. M3 Brigade Acquisition II's annualized ROC % for the quarter that ended in Sep. 2023 was -0.63%. M3 Brigade Acquisition II's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.

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

M3 Brigade Acquisition II EBIT Historical Data

The historical data trend for M3 Brigade 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.

M3 Brigade Acquisition II EBIT Chart

M3 Brigade Acquisition II Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

-0.95

-1.86

M3 Brigade Acquisition II Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial							-0.26	-0.48	-1.16	-0.23	-0.18

Competitive Comparison of M3 Brigade Acquisition II's EBIT

For the Shell Companies subindustry, M3 Brigade 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.

M3 Brigade Acquisition II's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, M3 Brigade Acquisition II's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where M3 Brigade Acquisition II's EV-to-EBIT falls into.

M3 Brigade 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.05 Mil.

M3 Brigade Acquisition II (NYSE:MBAC.U) EBIT Explanation

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

M3 Brigade Acquisition II's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-0.724 * ( 1 - 59% )	/	( (47.148	+	47.763)	/ 2 )
=	-0.29684	/	47.4555
=	-0.63 %

where

	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	))
=	47.609	-	5.126	-	( 0.324	-	max(0, 5.126	-	0.461	+	0.324	))
=	47.148

	Invested Capital		(Q: Sep. 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	))
=	48.011	-	5.213	-	( 0.01	-	max(0, 5.213	-	0.248	+	0.01	))
=	47.763

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

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

M3 Brigade Acquisition II's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.724	/	( ( (0 + max(-4.992, 0))	+	(0 + max(-4.978, 0)) )	/	2 )
=	-0.724	/	( ( 0	+	0 )	/	2 )
=	-0.724	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.134)	-	(5.126	+	0	+	0)
=	-4.992

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.235)	-	(5.213	+	0	+	0)
=	-4.978

When net working capital is negative, 0 is used.

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

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

M3 Brigade Acquisition II's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-2.048	/	0.000
	=	%

M3 Brigade Acquisition II EBIT Related Terms

Thank you for viewing the detailed overview of M3 Brigade Acquisition II's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

M3 Brigade Acquisition II (M3 Brigade Acquisition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » M3 Brigade Acquisition II Corp (NYSE:MBAC.U) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1700 Broadway, 19th Floor, New York, NY, USA, 10019

Website

https://www.m3-partners.com

M3 Brigade Acquisition II Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Mohsin Y Meghji	director, 10 percent owner	C/O LOUGHLIN MEGHJI + COMPANY, NEW YORK NY 10016
John Paul Roehm	director	8440 WOODFIELD CROSSING BLVD., SUITE 500, INDIANAPOLIS IN 46240
Garner Charles Hugh Farkas	officer: EVP and Secretary	3 COLUMBUS CIRCLE, NEW YORK NY 10019
William C Gallagher	officer: Executive Vice President	C/O WMIH CORP., 800 FIFTH AVENUE, SUITE 4222, SEATTLE WA 98104
Dale R Gerard	director	C/O VIVINT SMART HOME, INC., 4931 NORTH 300 WEST, PROVO UT 84604
Frank M Garrison	director	C/O OVERTON CAPITAL LLC, 3100 WEST END AVENUE, SUITE 1230, NASHVILLE TN 37203
M3 Sponsor Ii Lp	10 percent owner	130 WEST 42ND STREET, 17TH FLOOR, NEW YORK NY 10036
Aaron Yeary	director	C/O M3 ACQUISITION, 130 WEST 42ND STREET, 17TH FLOOR, NEW YORK NY 10036
Steven Vincent	director	C/O M3 ACQUISITION, 130 WEST 42ND STREET, 17TH FLOOR, NEW YORK NY 10036