NTAC (New Technology Acquisition Holdings) EBIT: $-0.04 Mil (TTM As of Dec. 2017)


What is New Technology Acquisition Holdings EBIT?

New Technology Acquisition Holdings NTAC EBIT is $-0.04 Mil as of Dec. 2017.

New Technology Acquisition Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2017 was $0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2017 was $-0.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. New Technology Acquisition Holdings's annualized ROC % for the quarter that ended in Dec. 2017 was 32.00%. New Technology Acquisition Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was 3,040.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. New Technology Acquisition Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was -223.53%.

New Technology Acquisition Holdings  (OTCPK:NTAC) EBIT Explanation

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

New Technology Acquisition Holdings's annualized ROC % for the quarter that ended in Dec. 2017 is calculated as:

ROC % (Q: Dec. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2017 ) + Invested Capital (Q: Dec. 2017 ))/ count )
=0.008 * ( 1 - 0% )/( (0.03 + 0.02)/ 2 )
=0.008/0.025
=32.00 %

where

Invested Capital(Q: Sep. 2017 )
=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))
=0.16 - 0.004 - ( 0.126 - max(0, 0.004 - 0.135+0.126))
=0.03

Invested Capital(Q: Dec. 2017 )
=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))
=0.175 - 0.019 - ( 0.138 - max(0, 0.019 - 0.155+0.138))
=0.02

Note: The Operating Income data used here is four times the quarterly (Dec. 2017) data.

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

New Technology Acquisition Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2017  Q: Dec. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.076/( ( (0 + max(0.005, 0)) + (0 + max(-0.002, 0)) )/ 2 )
=0.076/( ( 0.005 + 0 )/ 2 )
=0.076/0.0025
=3,040.00 %

where Working Capital is:

Working Capital(Q: Sep. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.009 + 0) - (0.004 + 0 + 0)
=0.005

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.017 + -2.7755575615629E-17) - (0.019 + 0 + 0)
=-0.002

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2017) EBIT data.

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

New Technology Acquisition Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2017 )
=-0.038/0.017
=-223.53 %

* 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.

New Technology Acquisition Holdings EBIT Related Terms

New Technology Acquisition Holdings EBIT Historical Data

* Premium members only.

The historical data trend for New Technology Acquisition Holdings'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.

New Technology Acquisition Holdings EBIT Chart

New Technology Acquisition Holdings Annual Data
Trend Sep00 Sep01 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
EBIT
Get a 7-Day Free Trial -0.00 -0.03 -0.20 -0.28 -0.10

New Technology Acquisition Holdings Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.04 -0.01 -0.01 -0.04 0.02

NTAC vs BSRC, YGEHY, SUNW: EBIT Comparison

For the Specialty Business Services subindustry, New Technology Acquisition Holdings'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.

New Technology Acquisition Holdings EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, New Technology Acquisition Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where New Technology Acquisition Holdings's EV-to-EBIT falls into.


New Technology Acquisition Holdings 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 Dec. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 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 $-0.04 Mil mean?
New Technology Acquisition Holdings (NTAC) has a EBIT of $-0.04 Mil as of Dec. 2017. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on New Technology Acquisition Holdings.
Is New Technology Acquisition Holdings' EBIT too high?
New Technology Acquisition Holdings' current EBIT is $-0.04 Mil.
How does New Technology Acquisition Holdings' EBIT compare to BSRC and YGEHY?
New Technology Acquisition Holdings' EBIT of $-0.04 Mil can be compared against companies in the Business 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 Business Services company?
A good EBIT depends on the Business 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 New Technology Acquisition Holdings. New Technology Acquisition Holdings's current EBIT is $-0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Technology Acquisition Holdings stock overvalued right now?
New Technology Acquisition Holdings (NTAC) has a current EBIT of $-0.04 Mil. The current EBIT is $-0.04 Mil. 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 New Technology Acquisition Holdings (NTAC), the current EBIT is $-0.04 Mil as of Dec. 2017. 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.

New Technology Acquisition Holdings Business Description

Address 5830 E 2nd Street, Suite 7000, No. 4553, Casper, WY, USA, 82609
New Technology Acquisition Holdings has business investment interests in disruptive new technologies and patents, applications, and projects. Research and Development with the aim of commercialization of Intellectual property and development of new products or services, treatments, or other valuable outputs.