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SPEC (Spectaire Holdings) EBIT : $24.13 Mil (TTM As of Jun. 2024)


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What is Spectaire Holdings EBIT?

Spectaire Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was $5.48 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $24.13 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Spectaire Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was -52.15%. Spectaire Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9,245.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Spectaire Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 251.32%.


Spectaire Holdings EBIT Historical Data

The historical data trend for Spectaire Holdings'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.

Spectaire Holdings EBIT Chart

Spectaire Holdings Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-0.52 -0.42 15.27

Spectaire Holdings Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only -10.23 -1.35 20.13 -0.13 5.48

Competitive Comparison of Spectaire Holdings's EBIT

For the Pollution & Treatment Controls subindustry, Spectaire Holdings'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.


Spectaire Holdings's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spectaire Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Spectaire Holdings's EV-to-EBIT falls into.



Spectaire Holdings 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $24.13 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.


Spectaire Holdings  (OTCPK:SPEC) EBIT Explanation

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

Spectaire Holdings's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-8.408 * ( 1 - 0% )/( (17.571 + 14.675)/ 2 )
=-8.408/16.123
=-52.15 %

where

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

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

Spectaire Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=21.912/( ( (0.247 + max(-19.292, 0)) + (0.227 + max(-12.635, 0)) )/ 2 )
=21.912/( ( 0.247 + 0.227 )/ 2 )
=21.912/0.237
=9,245.57 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.164 + 0.474) - (11.213 + 6.309 + 2.408)
=-19.292

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.164 + 0.317) - (7.812 + 2.209 + 3.095)
=-12.635

When net working capital is negative, 0 is used.

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

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

Spectaire Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=24.132/9.602
=251.32 %

* 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.


Spectaire Holdings EBIT Related Terms

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Spectaire Holdings Business Description

Traded in Other Exchanges
N/A
Address
19 Coolidge Hill Road, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.
Executives
Brian Semkiw director, officer: Chairman & CEO C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Joerg Mosolf director C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Perception Capital Partners Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Rui Mendes officer: Chief Information Officer C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Gianfranco Baldesarra director C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Christopher Grossman officer: Chief Commercial Officer C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Leonardo Fernandes officer: Chief Financial Officer C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Brian Hemond director, officer: Chief Technology Officer C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Northern Pacific Group, L.p. 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Tao Tan director 7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814
Karrie Willis director C/O PERCEPTION CAPITAL CORP. II, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Aqr Arbitrage Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830