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SportsTek Acquisition (SportsTek Acquisition) EBIT : $-1.33 Mil (TTM As of Sep. 2022)


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What is SportsTek Acquisition EBIT?

SportsTek Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-1.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SportsTek Acquisition's annualized ROC % for the quarter that ended in Sep. 2022 was -0.41%. SportsTek Acquisition'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. SportsTek Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -0.61%.

SportsTek Acquisition EBIT Historical Data

The historical data trend for SportsTek 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.

SportsTek Acquisition EBIT Chart

SportsTek Acquisition Annual Data
Trend Dec20 Dec21
EBIT
- -1.85

SportsTek Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
EBIT Get a 7-Day Free Trial -0.25 -0.52 -0.36 -0.23 -0.22

Competitive Comparison of SportsTek Acquisition's EBIT

For the Shell Companies subindustry, SportsTek 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.

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

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

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


SportsTek 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.33 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.

SportsTek Acquisition  (NAS:SPTK) EBIT Explanation

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

SportsTek Acquisition'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 )
=-0.892 * ( 1 - 20.77% )/( (172.778 + 173.392)/ 2 )
=-0.7067316/173.085
=-0.41 %

where

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))
=172.874 - 0.84 - ( 0.01 - max(0, 1.003 - 0.259+0.01))
=172.778

Invested Capital(Q: Sep. 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))
=173.599 - 0.991 - ( 0.26 - max(0, 1.191 - 0.407+0.26))
=173.392

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

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

SportsTek Acquisition'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 )
=-0.892/( ( (0 + max(-0.591, 0)) + (0 + max(-0.844, 0)) )/ 2 )
=-0.892/( ( 0 + 0 )/ 2 )
=-0.892/0
= %

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 + 0.249) - (0.84 + 0 + 0)
=-0.591

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.147) - (0.991 + 0 + 0)
=-0.844

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-1.332/218.799
=-0.61 %

* 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.

SportsTek Acquisition EBIT Related Terms

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SportsTek Acquisition (SportsTek Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SportsTek Acquisition Corp (NAS:SPTK) » Definitions » EBIT
Comparable Companies
TCOA PHIC NGC KSI CLBR PGRW INKA APXI BRIV DUNE GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2200 S. Utica Place, Suite 450, Tulsa, OK, USA, 74114
Website
SportsTek Acquisition Corp is a blank check company.
Executives
Timothy W Clark director, officer: CFO, COO C/O SPORTSTEK ACQUISITION CORP., 2200 S. UTICA PLACE, SUITE 450, TULSA OK 74114
Jeffrey Luhnow director, officer: Co-CEO C/O SPORTSTEK ACQUISITION CORP., 2200 S. UTICA PLACE, SUITE 450, TULSA OK 74114
Jtjt Partners Llc 10 percent owner 2200 S UTICA PLACE, SUITE 450, TULSA OK 74114
Carl Tavo Hellmund director, officer: Co-CEO C/O SPORTSTEK ACQUISITION CORP., 2200 S. UTICA PLACE, SUITE 450, TULSA OK 74114
Sashi Brown director C/O SPORTSTEK ACQUISITION CORP., 2200 S UTICA PLACE, SUITE 450, TULSA OK 74114
Sebastian Park director C/O SPORTSTEK ACQUISITION CORP., 2200 S UTICA PLACE, SUITE 450, TULSA OK 74114
Endre Holen director 2200 S UTICA PLACE SUITE 450, TULSA OK 74114
Joyce Johnson director 8251 S LUELLA AVENUE, CHICAGO IL 60617