Motive Capital II (Motive Capital II) EBIT : $-1.22 Mil (TTM As of Mar. 2023)

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What is Motive Capital II EBIT?

Motive Capital II's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was $-0.32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was $-1.22 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Motive Capital II's annualized ROC % for the quarter that ended in Mar. 2023 was -0.36%. Motive Capital II's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -230.34%.

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

Motive Capital II EBIT Historical Data

The historical data trend for Motive Capital 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.

Motive Capital II EBIT Chart

Motive Capital II Annual Data

Trend

Dec21

Dec22

EBIT

-1.23

Motive Capital II Quarterly Data
	Jul21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
EBIT	Get a 7-Day Free Trial			-0.33	-0.35	-0.27	-0.28	-0.32

Competitive Comparison of Motive Capital II's EBIT

For the Shell Companies subindustry, Motive Capital 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.

Motive Capital II's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Motive Capital II's EV-to-EBIT falls into.

Motive Capital 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.22 Mil.

Motive Capital II (NYSE:MTVC.U) EBIT Explanation

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

Motive Capital II'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 )
=	-1.268 * ( 1 - 0% )	/	( (353.37	+	357.02)	/ 2 )
=	-1.268	/	355.195
=	-0.36 %

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	))
=	354.507	-	0.042	-	( 1.095	-	max(0, 0.042	-	1.803	+	1.095	))
=	353.37

	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	))
=	358.179	-	0.149	-	( 1.01	-	max(0, 0.149	-	1.594	+	1.01	))
=	357.02

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

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

Motive Capital II'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 )
=	-1.268	/	( ( (0 + max(0.666, 0))	+	(0 + max(0.435, 0)) )	/	2 )
=	-1.268	/	( ( 0.666	+	0.435 )	/	2 )
=	-1.268	/	0.5505
=	-230.34 %

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	+	0.708)	-	(0.042	+	0	+	0)
=	0.666

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.584)	-	(0.149	+	0	+	0)
=	0.435

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:

Motive Capital II's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2023 )
	=	-1.22	/	0.000
	=	%

Motive Capital II EBIT Related Terms

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Motive Capital II (Motive Capital II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Motive Capital Corp II (NYSE:MTVC.U) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 Greenwich Street, 7 World Trade Center, Floor 47, New York, NY, USA, 10007

Website

https://www.motivecapitalcorpii.com

Motive Capital Corp II is a blank check company.

Executives

Kenneth C Griffin	10 percent owner	CITADEL INVESTMENT GROUP LLC, 131 S DEARBORN STREET 32ND FL, CHICAGO IL 60603
Citadel Securities Llc	10 percent owner	131 SOUTH DEARBORN STREET, CHICAGO IL 60603
Citadel Gp Llc	10 percent owner	131 DEARBORN ST., 32ND FLOOR, CHICAGO IL 60603
Citadel Advisors Llc	10 percent owner	SOUTHEAST FINANCIAL CENTER, 200 S. BISCAYNE BLVD., SUITE 3300, MIAMI FL 33131
Citadel Advisors Holdings Lp	10 percent owner	131 S. DEARBORN ST., 32ND FLOOR, CHICAGO IL 60603
Citadel Securities Gp Llc	10 percent owner	SOUTHEAST FINANCIAL CENTER, 200 S. BISCAYNE BLVD., SUITE 3300, MIAMI FL 33131
Dina Dublon	director	J.P. MORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Jill M Considine	director	C/O AMBAC FINANCIAL GROUP INC, 1 STATE STREET PLAZA, NEW YORK NY 10004
Heyvaert Paul Luc Robert	director, 10 percent owner, officer: CEO, Exec. Chairman & Dir.	601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Blythe Masters	officer: President	1601 ELM STREET, SUITE 800, DALLAS TX 75201
Paula Madoff	director	C/O KKR REAL ESTATE FINANCE TRUST INC., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Stephen C. Daffron	director	C/O THE DUN & BRADSTREET CORPORATION, 103 JOHN F. KENNEDY PARKWAY, SHORT HILLS NJ 07078-2708
Kristy Trieste	director, officer: CFO and Director	C/O MOTIVE CAPITAL, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Motive Capital Funds Sponsor Ii, Llc	10 percent owner	7 WORLD TRADE CENTER, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007

Motive Capital II (Motive Capital II) Headlines

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