PHP Ventures Acquisition (PHP Ventures Acquisition) EBIT : $-2.43 Mil (TTM As of Sep. 2023)

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What is PHP Ventures Acquisition EBIT?

PHP Ventures Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.96 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PHP Ventures Acquisition's annualized ROC % for the quarter that ended in Sep. 2023 was -39.85%. PHP Ventures Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -37.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PHP Ventures Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -7.63%.

PHP Ventures Acquisition EBIT Historical Data

The historical data trend for PHP Ventures 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.

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PHP Ventures Acquisition EBIT Chart

PHP Ventures Acquisition Annual Data

Trend

Dec21

Dec22

EBIT

-2.57

PHP Ventures Acquisition Quarterly Data
	May21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial					-0.62	-0.85	-0.51	-0.11	-0.96

Competitive Comparison of PHP Ventures Acquisition's EBIT

For the Shell Companies subindustry, PHP Ventures 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.

PHP Ventures Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

PHP Ventures 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.43 Mil.

PHP Ventures Acquisition (NAS:PPHP) EBIT Explanation

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

PHP Ventures Acquisition'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 )
=	-3.856 * ( 1 - -7% )	/	( (15.354	+	5.355)	/ 2 )
=	-4.12592	/	10.3545
=	-39.85 %

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	))
=	19.101	-	3.747	-	( 0	-	max(0, 6.203	-	19.101	+	0	))
=	15.354

	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	))
=	9.729	-	4.303	-	( 0.071	-	max(0, 7.423	-	9.729	+	0.071	))
=	5.355

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

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

PHP Ventures Acquisition'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 )
=	-3.856	/	( ( (0 + max(15.354, 0))	+	(0 + max(5.355, 0)) )	/	2 )
=	-3.856	/	( ( 15.354	+	5.355 )	/	2 )
=	-3.856	/	10.3545
=	-37.24 %

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	+	19.101)	-	(3.747	+	0	+	8.8817841970013E-16)
=	15.354

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	9.658)	-	(4.303	+	0	+	0)
=	5.355

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-2.427	/	31.798
	=	-7.63 %

PHP Ventures Acquisition EBIT Related Terms

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PHP Ventures Acquisition (PHP Ventures Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » PHP Ventures Acquisition Corp (NAS:PPHP) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan SS15/4G, CT 10-06, Level 10, Corporate Tower Subang Square, Subang Jaya, SGR, MYS, 47500

Website

https://www.phpventures.com

PHP Ventures Acquisition Corp is a blank check company.

Executives

Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Atlas Merchant Capital Llc	10 percent owner	477 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10022
Yakira Capital Management, Inc.	10 percent owner	1555 POST ROAD EAST, SUITE 202, WESTPORT CT 06880
Garry Richard Stein	officer: Chief Financial Officer	FLAT LB, 6/F, TOWER 3, AMBER HEMERA, OF LOHAS PARK, 1 LOHAS PARK ROAD, TSEUNG KWAN O, NEW TERRITORIES K3 00000
Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Antony Gordon	director	C/O FISCHER ZIZBLATT & KISS, 1800 AVE OF THE STARS #320, LOS ANGELES CA 90067
Global Link Investment Llc	10 percent owner	25, JALAN SS19/4E, SUBANG JAYA, SELANGOR N8 47500
Ngoh Marcus Choo Yeow	director, officer: Chief Executive Officer	CT10-06 LEVEL 10 CORPORATE TOWER SUBANG, JALAN SS 15/4G SUBANG JAYA, SELANGOR N8 47500
Anih Donald Nnamdi Esq.	director	16/18 OREMEJI STREET, LIVERPOOL ESTATE, SATELLITE TOWN, LAGOS Q5 102262
Phoon Khye Wang	director	29-2, JALAN RADIN ANUM 2, SRI PETALING, KUALA LUMPUR N8 57000