Silver Crest Acquisition (Silver Crest Acquisition) EBIT : $-6.17 Mil (TTM As of Jun. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Silver Crest Acquisition EBIT?

Silver Crest Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2022 was $-0.96 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2022 was $-6.17 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Silver Crest Acquisition's annualized ROC % for the quarter that ended in Jun. 2022 was -1.11%. Silver Crest Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Silver Crest Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was -1.79%.

Silver Crest Acquisition EBIT Historical Data

The historical data trend for Silver Crest 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.

* Premium members only.

Silver Crest Acquisition EBIT Chart

Silver Crest Acquisition Annual Data

Trend

Dec20

Dec21

EBIT

-6.89

Silver Crest Acquisition Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
EBIT	Get a 7-Day Free Trial			-2.00	-2.35	-1.52	-1.35	-0.96

Competitive Comparison of Silver Crest Acquisition's EBIT

For the Shell Companies subindustry, Silver Crest 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.

Silver Crest Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Silver Crest 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.17 Mil.

Silver Crest Acquisition (NAS:SLCR) EBIT Explanation

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

Silver Crest Acquisition's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

	ROC % (Q: Jun. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2022 )	+	Invested Capital (Q: Jun. 2022 ))	/ count )
=	-3.844 * ( 1 - 0% )	/	( (345.133	+	346.386)	/ 2 )
=	-3.844	/	345.7595
=	-1.11 %

where

	Invested Capital		(Q: Mar. 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	))
=	345.338	-	6.132	-	( 0.135	-	max(0, 6.132	-	0.205	+	0.135	))
=	345.133

	Invested Capital		(Q: Jun. 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	))
=	346.156	-	6.658	-	( 0.041	-	max(0, 7.388	-	0.5	+	0.041	))
=	346.386

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

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

Silver Crest Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2022		Q: Jun. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-3.844	/	( ( (0 + max(-6.062, 0))	+	(0 + max(-6.199, 0)) )	/	2 )
=	-3.844	/	( ( 0	+	0 )	/	2 )
=	-3.844	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Mar. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.07)	-	(6.132	+	0	+	0)
=	-6.062

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.459)	-	(6.658	+	0	+	0)
=	-6.199

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2022 )
	=	-6.174	/	345.257
	=	-1.79 %

Silver Crest Acquisition EBIT Related Terms

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

Silver Crest Acquisition (Silver Crest Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Silver Crest Acquisition Corp (NAS:SLCR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Connaught Place, Central, Suite 3501, 35th Floor, Jardine House, Hong Kong, HKG

Website

https://www.silvercrestacq.com

Silver Crest Acquisition Corp is a blank check company.

Executives

Silver Crest Management Llc	10 percent owner	1 CONNAUGHT PLACE, SUITE 3501, CENTRAL K3 00000
Andy D Bryant	director	INTEL CORPORATION- ATTN: GENERAL COUNCEL, 2200 MISSION COLLEDGE BOULEVARD, SANTA CLARA CA 95052
Steeve Hagege	director	C/O SILVERCREST, 1 CONNAUGHT PLACE, SUITE 3501, CENTRAL K3 00000
Ho Cheung	director, officer: Chief Executive Officer	C/O SILVERCREST, 1 CONNAUGHT PLACE, SUITE 3501, CENTRAL K3 00000
Wei Long	director	C/O SILVERCREST, 1 CONNAUGHT PLACE, SUITE 3501, CENTRAL, HONG KONG K3 000000
Liang Meng	director, officer: Chairman	C/O SILVERCREST, 1 CONNAUGHT PLACE, SUITE 3501, CENTRAL K3 00000
Mei Tong	director	C/O SILVERCREST, 1 CONNAUGHT PLACE, SUITE 3501, CENTRAL K3 00000
Christopher Lawrence	director, officer: Vice Chairman	C/O SILVERCREST, 1 CONNAUGHT PLACE, SUITE 3501, CENTRAL K3 00000

Silver Crest Acquisition (Silver Crest Acquisition) Headlines

From GuruFocus

Silver Crest Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing on March 8, 2021

By PRNewswire PRNewswire • 03-08-2021