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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%.
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.
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 | -10.23 | -1.35 | 20.13 | -0.13 | 5.48 |
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.
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.
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
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 | )) |
= | 0.923 | - | 11.213 | - | ( 0.031 | - | max(0, 28.53 | - | 0.669 | + | 0.031 | )) |
= | 17.571 |
Invested Capital | (Q: Jun. 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 | )) |
= | 0.809 | - | 7.812 | - | ( 0.094 | - | max(0, 22.253 | - | 0.575 | + | 0.094 | )) |
= | 14.675 |
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.
Thank you for viewing the detailed overview of Spectaire Holdings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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