NAACW (North Atlantic Acquisition) EBIT: $-2.87 Mil (TTM As of Sep. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NAACW North Atlantic Acquisition Corp NAACW
21 GF Score
Price $0.00
! 2 Warning Signs
View Full Analysis

What is North Atlantic Acquisition EBIT?

North Atlantic Acquisition NAACW 21 EBIT is $-2.87 Mil as of Sep. 2022. GuruFocus rates NAACW with a GF Score™ of 21/100. The stock has 2 warning signs investors should review.

North Atlantic Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-2.87 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. North Atlantic Acquisition's annualized ROC % for the quarter that ended in Sep. 2022 was -0.30%. North Atlantic Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was %.

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

North Atlantic Acquisition  (NAS:NAACW) EBIT Explanation

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

North Atlantic Acquisition's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-1.14 * ( 1 - 0% )/( (381.393 + 383.249)/ 2 )
=-1.14/382.321
=-0.30 %

where

Invested Capital(Q: Jun. 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))
=381.015 - 0.825 - ( 0.497 - max(0, 2.024 - 0.821+0.497))
=381.393

Invested Capital(Q: Sep. 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))
=382.607 - 0.846 - ( 0.378 - max(0, 2.046 - 0.558+0.378))
=383.249

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

North Atlantic Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.14/( ( (0 + max(-0.5, 0)) + (0 + max(-0.666, 0)) )/ 2 )
=-1.14/( ( 0 + 0 )/ 2 )
=-1.14/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.324) - (0.825 + 0 + -0.00099999999999989)
=-0.5

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.18) - (0.846 + 0 + 0)
=-0.666

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-2.868/0.000
= %

* 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.

North Atlantic Acquisition EBIT Related Terms

North Atlantic Acquisition EBIT Historical Data

* Premium members only.

The historical data trend for North Atlantic 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.

North Atlantic Acquisition EBIT Chart

North Atlantic Acquisition Annual Data
Trend Dec20 Dec21
EBIT
0.00 -3.75

North Atlantic Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
EBIT Get a 7-Day Free Trial -0.12 -1.34 -0.68 -0.57 -0.29

NAACW vs PCPC, CPAR, TPGY: EBIT Comparison

For the Shell Companies subindustry, North Atlantic 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.

North Atlantic Acquisition EV-to-EBIT vs Diversified Financial Services Industry

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

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


NAACW
21GF Score
North Atlantic Acquisition Corp NAACW
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North Atlantic 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.87 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 $-2.87 Mil mean?
North Atlantic Acquisition (NAACW) has a EBIT of $-2.87 Mil as of Sep. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on North Atlantic Acquisition.
Is North Atlantic Acquisition's EBIT too high?
North Atlantic Acquisition's current EBIT is $-2.87 Mil. Overall, North Atlantic Acquisition has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does North Atlantic Acquisition's EBIT compare to PCPC and CPAR?
North Atlantic Acquisition's EBIT of $-2.87 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 North Atlantic Acquisition. North Atlantic Acquisition's current EBIT is $-2.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Atlantic Acquisition stock overvalued right now?
North Atlantic Acquisition (NAACW) has a current EBIT of $-2.87 Mil. The current EBIT is $-2.87 Mil. North Atlantic Acquisition's overall GF Score™ is 21/100 with 2 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 North Atlantic Acquisition (NAACW), the current EBIT is $-2.87 Mil as of Sep. 2022. 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.

North Atlantic Acquisition Business Description

Address 1345 Avenue of the Americas, c/o Ellenoff Grossman & Schole LLP, New York, NY, USA, 10105
North Atlantic Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
21GF Score

Get the complete analysis for NAACW

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

$0.00
Price