GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SK Growth Opportunities Corp (NAS:SKGR) » Definitions » EBIT

SK Growth Opportunities (SK Growth Opportunities) EBIT : $-3.41 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is SK Growth Opportunities EBIT?

SK Growth Opportunities's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-1.55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-3.41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SK Growth Opportunities's annualized ROC % for the quarter that ended in Mar. 2024 was -5.45%. SK Growth Opportunities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SK Growth Opportunities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.94%.

SK Growth Opportunities EBIT Historical Data

The historical data trend for SK Growth Opportunities'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.

SK Growth Opportunities EBIT Chart

SK Growth Opportunities Annual Data
Trend Dec21 Dec22 Dec23
EBIT
- -0.72 -2.15

SK Growth Opportunities Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only -0.29 -0.26 -1.02 -0.58 -1.55

Competitive Comparison of SK Growth Opportunities's EBIT

For the Shell Companies subindustry, SK Growth Opportunities'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.

SK Growth Opportunities's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where SK Growth Opportunities's EV-to-EBIT falls into.


SK Growth Opportunities 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.41 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.

SK Growth Opportunities  (NAS:SKGR) EBIT Explanation

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

SK Growth Opportunities's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-6.2 * ( 1 - 0% )/( (115.194 + 112.281)/ 2 )
=-6.2/113.7375
=-5.45 %

where

Invested Capital(Q: Dec. 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))
=109.947 - 1.311 - ( 0.164 - max(0, 6.931 - 0.373+0.164))
=115.194

Invested Capital(Q: Mar. 2024 )
=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))
=111.703 - 2.29 - ( 0.537 - max(0, 3.57 - 0.702+0.537))
=112.281

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

SK Growth Opportunities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.2/( ( (0 + max(-1.102, 0)) + (0 + max(-2.125, 0)) )/ 2 )
=-6.2/( ( 0 + 0 )/ 2 )
=-6.2/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.209) - (1.311 + 0 + 0)
=-1.102

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.165) - (2.29 + 0 + -4.4408920985006E-16)
=-2.125

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

SK Growth Opportunities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-3.409/175.317
=-1.94 %

* 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.

SK Growth Opportunities EBIT Related Terms

Thank you for viewing the detailed overview of SK Growth Opportunities's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

SK Growth Opportunities (SK Growth Opportunities) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SK Growth Opportunities Corp (NAS:SKGR) » Definitions » EBIT
Comparable Companies
CDAQ PRLH SEDA JWSM HYAC IVCB LOCC LCAA BOCN RENE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
228 Park Avenue S, Suite 96693, New York, NY, USA, 10003
Website
https://skgrowthopportunities.com
SK Growth Opportunities Corp is a blank check company. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Michael Noonen director C/O 8X8 INC, 2445 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
John A. Boehner director 401 N. MAIN STREET, WINSTON-SALEM NC 27101
Martin J. Payne director 7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814
Richard H. Chin director, officer: Chief Executive Officer C/O SK GROWTH, 3979 FREEDOM CIRCLE, SUITE 540, SANTA CLARA CA 95054
Auxo Capital Managers Llc 10 percent owner 3979 FREEDOM CIRCLE, SUITE 540, SANTA CLARA CA 95054
Derek Edward Jensen director, officer: Chief Financial Officer 3979 FREEDOM CIRCLE, SUITE 450, SANTA CLARA CA 95054