MLACW (Malacca Straits Acquisition Co) EBIT: $-1.84 Mil (TTM As of Mar. 2023)

What is Malacca Straits Acquisition Co EBIT?

Malacca Straits Acquisition Co MLACW 24 EBIT is $-1.84 Mil as of Mar. 2023. GuruFocus rates MLACW with a GF Score™ of 24/100. The stock has 4 warning signs investors should review.

Malacca Straits Acquisition Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was $-0.27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was $-1.84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Malacca Straits Acquisition Co's annualized ROC % for the quarter that ended in Mar. 2023 was -12.64%. Malacca Straits Acquisition Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was %.

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

Malacca Straits Acquisition Co (NAS:MLACW) EBIT Explanation

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

Malacca Straits Acquisition Co's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

	ROC % (Q: Mar. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Mar. 2023 ))	/ count )
=	-1.092 * ( 1 - 0% )	/	( (8.449	+	8.828)	/ 2 )
=	-1.092	/	8.6385
=	-12.64 %

where

	Invested Capital		(Q: Dec. 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	))
=	5.512	-	0.86	-	( 0.034	-	max(0, 3.911	-	0.114	+	0.034	))
=	8.449

	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	))
=	5.629	-	0.923	-	( 0.108	-	max(0, 4.302	-	0.18	+	0.108	))
=	8.828

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

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

Malacca Straits Acquisition Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Mar. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.092	/	( ( (0 + max(-0.78, 0))	+	(0 + max(-0.851, 0)) )	/	2 )
=	-1.092	/	( ( 0	+	0 )	/	2 )
=	-1.092	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.08)	-	(0.86	+	0	+	0)
=	-0.78

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.072)	-	(0.923	+	0	+	0)
=	-0.851

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2023 )
	=	-1.843	/	0.000
	=	%

* 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.

Malacca Straits Acquisition Co EBIT Related Terms

Malacca Straits Acquisition Co EBIT Historical Data

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The historical data trend for Malacca Straits Acquisition Co's EBIT can be seen below:

Malacca Straits Acquisition Co EBIT Chart

Malacca Straits Acquisition Co Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

-0.31

-1.44

-1.76

Malacca Straits Acquisition Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
EBIT	Get a 7-Day Free Trial								-0.19	-0.23	-0.53	-0.81	-0.27

MLACW vs RAM, CLOE, APMI: EBIT Comparison

For the Shell Companies subindustry, Malacca Straits Acquisition Co'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.

Malacca Straits Acquisition Co EV-to-EBIT vs Diversified Financial Services Industry

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

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

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Malacca Straits Acquisition Co Ltd MLACW

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Malacca Straits Acquisition Co 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.84 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-1.84 Mil mean?

Malacca Straits Acquisition Co (MLACW) has a EBIT of $-1.84 Mil as of Mar. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Malacca Straits Acquisition Co.

Is Malacca Straits Acquisition Co's EBIT too high?

Malacca Straits Acquisition Co's current EBIT is $-1.84 Mil. Overall, Malacca Straits Acquisition Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.

How does Malacca Straits Acquisition Co's EBIT compare to RAM and CLOE?

Malacca Straits Acquisition Co's EBIT of $-1.84 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 Malacca Straits Acquisition Co. Malacca Straits Acquisition Co's current EBIT is $-1.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Malacca Straits Acquisition Co stock overvalued right now?

Malacca Straits Acquisition Co (MLACW) has a current EBIT of $-1.84 Mil. The current EBIT is $-1.84 Mil. Malacca Straits Acquisition Co's overall GF Score™ is 24/100 with 4 warning signs 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 Malacca Straits Acquisition Co (MLACW), the current EBIT is $-1.84 Mil as of Mar. 2023. 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.

Malacca Straits Acquisition Co Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies RAM CLOE APMI CCAI JWAC RICO AMCI GLTA RACY ARYE GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ

Address 2 Ice House Street, Saint George’s Building, Unit 601-2, Central, Hong Kong, HKG

Website https://www.malaccastraits.net

Malacca Straits Acquisition Co Ltd is a blank check company.

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