SCOBW (ScION Tech Growth II) EBIT: $-0.99 Mil (TTM As of Sep. 2022)

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SCOBW ScION Tech Growth II SCOBW
22 GF Score
Price $0.00
! 2 Warning Signs
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What is ScION Tech Growth II EBIT?

ScION Tech Growth II SCOBW 22 EBIT is $-0.99 Mil as of Sep. 2022. GuruFocus rates SCOBW with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

ScION Tech Growth II's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-0.99 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ScION Tech Growth II's annualized ROC % for the quarter that ended in Sep. 2022 was -0.22%. ScION Tech Growth II'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.


ScION Tech Growth II  (NAS:SCOBW) EBIT Explanation

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

ScION Tech Growth II'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 )
=-0.764 * ( 1 - 0% )/( (345.513 + 347.399)/ 2 )
=-0.764/346.456
=-0.22 %

where

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

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

ScION Tech Growth II'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 )
=-0.764/( ( (0 + max(-0.084, 0)) + (0 + max(-0.183, 0)) )/ 2 )
=-0.764/( ( 0 + 0 )/ 2 )
=-0.764/0
= %

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 + 0.292) - (0.376 + 0 + 0)
=-0.084

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.168) - (0.351 + 0 + 0)
=-0.183

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:

ScION Tech Growth II's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-0.991/0.000
= %

* 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.


ScION Tech Growth II EBIT Related Terms


ScION Tech Growth II EBIT Historical Data

* Premium members only.

The historical data trend for ScION Tech Growth 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.

ScION Tech Growth II EBIT Chart

ScION Tech Growth II Annual Data
Trend Dec20 Dec21
EBIT
0.00 -0.83

ScION Tech Growth II Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
EBIT Get a 7-Day Free Trial -0.17 -0.33 -0.23 -0.24 -0.19

SCOBW vs SLCR, JCIC, ACII: EBIT Comparison

For the Shell Companies subindustry, ScION Tech Growth 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.


ScION Tech Growth II EV-to-EBIT vs Diversified Financial Services Industry

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

* The bar in red indicates where ScION Tech Growth II's EV-to-EBIT falls into.


SCOBW
22GF Score
ScION Tech Growth II SCOBW
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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ScION Tech Growth 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.99 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 $-0.99 Mil mean?
ScION Tech Growth II (SCOBW) has a EBIT of $-0.99 Mil as of Sep. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ScION Tech Growth II.
Is ScION Tech Growth II's EBIT too high?
ScION Tech Growth II's current EBIT is $-0.99 Mil. Overall, ScION Tech Growth II has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does ScION Tech Growth II's EBIT compare to SLCR and JCIC?
ScION Tech Growth II's EBIT of $-0.99 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 ScION Tech Growth II. ScION Tech Growth II's current EBIT is $-0.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ScION Tech Growth II stock overvalued right now?
ScION Tech Growth II (SCOBW) has a current EBIT of $-0.99 Mil. The current EBIT is $-0.99 Mil. ScION Tech Growth II's overall GF Score™ is 22/100 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 ScION Tech Growth II (SCOBW), the current EBIT is $-0.99 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.

ScION Tech Growth II Business Description

Address 10 Queen Street Place, 2nd Floor, London, GBR, EC4R 1BE
ScION Tech Growth II is a blank check company.
22GF Score

Get the complete analysis for SCOBW

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

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