Jackson Acquisition Co (Jackson Acquisition Co) EBIT : $-1.36 Mil (TTM As of Mar. 2023)

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What is Jackson Acquisition Co EBIT?

Jackson Acquisition Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was $-0.46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was $-1.36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jackson Acquisition Co's annualized ROC % for the quarter that ended in Mar. 2023 was -0.60%. Jackson 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. Jackson Acquisition Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -0.47%.

Jackson Acquisition Co EBIT Historical Data

The historical data trend for Jackson Acquisition Co'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.

Jackson Acquisition Co EBIT Chart

Jackson Acquisition Co Annual Data

Trend

Dec21

Dec22

EBIT

-1.45

Jackson Acquisition Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
EBIT	Get a 7-Day Free Trial				-0.55	-0.32	-0.28	-0.30	-0.46

Competitive Comparison of Jackson Acquisition Co's EBIT

For the Shell Companies subindustry, Jackson 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.

Jackson Acquisition Co's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Jackson 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 $-1.36 Mil.

Jackson Acquisition Co (NYSE:RJAC) EBIT Explanation

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

Jackson 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 )
=	-1.852 * ( 1 - 25.41% )	/	( (228.962	+	231.022)	/ 2 )
=	-1.3814068	/	229.992
=	-0.60 %

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	))
=	229.635	-	1.269	-	( 0.305	-	max(0, 1.269	-	0.673	+	0.305	))
=	228.962

	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	))
=	231.446	-	1.584	-	( 0.134	-	max(0, 1.584	-	0.424	+	0.134	))
=	231.022

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

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

Jackson 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 )
=	-1.852	/	( ( (0 + max(-0.901, 0))	+	(0 + max(-1.294, 0)) )	/	2 )
=	-1.852	/	( ( 0	+	0 )	/	2 )
=	-1.852	/	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	+	0.368)	-	(1.269	+	0	+	0)
=	-0.901

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.29)	-	(1.584	+	0	+	0)
=	-1.294

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2023 )
	=	-1.359	/	289.089
	=	-0.47 %

Jackson Acquisition Co EBIT Related Terms

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Jackson Acquisition Co (Jackson Acquisition Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jackson Acquisition Co (NYSE:RJAC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2655 Northwinds Parkway, Alpharetta, GA, USA, 30009

Website

https://www.jacksonacquisitions.com

Jackson Acquisition Co is a blank check company.

Executives

David A Perdue	director
Marilyn B Tavenner	director	13600 BUTLERS ROAD, AMELIA COURT HOUSE VA 23002
Richard Lee Jackson	director, 10 percent owner, officer: President and CEO	2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009
Carlos A Migoya	director	1301 CONCORD TERRACE, SUNRISE FL 33323
John Ellis Bush	director	1200 ANASTASIA, SUITE 500, CORAL GABLES FL 33134
Douglas B Kline	officer: CFO and Treasurer	C/O JACKSON ACQUISITION COMPANY, 2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009
Rj Healthcare Spac, Llc	10 percent owner	C/O JACKSON ACQUISITION COMPANY, 2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009

Jackson Acquisition Co (Jackson Acquisition Co) Headlines

From GuruFocus

Jackson Acquisition Company Announces It Will Redeem its Public Shares

By Business Wire Business Wire • 05-10-2023