SWSSW (Clean Energy Special Situations) EBIT: $-2.00 Mil (TTM As of Sep. 2023)

What is Clean Energy Special Situations EBIT?

Clean Energy Special Situations SWSSW 31 EBIT is $-2.00 Mil as of Sep. 2023. GuruFocus rates SWSSW with a GF Score™ of 31/100.

Clean Energy Special Situations's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Clean Energy Special Situations's annualized ROC % for the quarter that ended in Sep. 2023 was -4.89%. Clean Energy Special Situations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Clean Energy Special Situations (OTCPK:SWSSW) EBIT Explanation

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

Clean Energy Special Situations's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-0.94 * ( 1 - 0% )	/	( (20.717	+	17.768)	/ 2 )
=	-0.94	/	19.2425
=	-4.89 %

where

	Invested Capital		(Q: Jun. 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	))
=	20.724	-	2.38	-	( 0.026	-	max(0, 2.511	-	0.138	+	0.026	))
=	20.717

	Invested Capital		(Q: Sep. 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	))
=	17.481	-	2.593	-	( 0	-	max(0, 2.898	-	0.018	+	0	))
=	17.768

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Clean Energy Special Situations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.076	/	( ( (0 + max(-2.268, 0))	+	(0 + max(-2.575, 0)) )	/	2 )
=	0.076	/	( ( 0	+	0 )	/	2 )
=	0.076	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.112)	-	(2.38	+	0	+	0)
=	-2.268

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.018)	-	(2.593	+	0	+	0)
=	-2.575

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Clean Energy Special Situations's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-1.999	/	0.000
	=	%

* 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.

Clean Energy Special Situations EBIT Related Terms

Clean Energy Special Situations EBIT Historical Data

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The historical data trend for Clean Energy Special Situations's EBIT can be seen below:

Clean Energy Special Situations EBIT Chart

Clean Energy Special Situations Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

0.00

-0.56

-1.20

Clean Energy Special Situations Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial							0.56	-1.57	-0.50	0.05	0.02

SWSSW vs CREEF, AEAE, GGAAF: EBIT Comparison

For the Shell Companies subindustry, Clean Energy Special Situations'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.

Clean Energy Special Situations EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Clean Energy Special Situations's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Clean Energy Special Situations's EV-to-EBIT falls into.

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31GF Score

Clean Energy Special Situations Corp SWSSW

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Clean Energy Special Situations 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.00 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-2.00 Mil mean?

Clean Energy Special Situations (SWSSW) has a EBIT of $-2.00 Mil as of Sep. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Clean Energy Special Situations.

Is Clean Energy Special Situations' EBIT too high?

Clean Energy Special Situations' current EBIT is $-2.00 Mil. Overall, Clean Energy Special Situations has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.

How does Clean Energy Special Situations' EBIT compare to CREEF and AEAE?

Clean Energy Special Situations' EBIT of $-2.00 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Diversified Financial Services company?

A good EBIT depends on the Diversified Financial Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Clean Energy Special Situations. Clean Energy Special Situations's current EBIT is $-2.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Clean Energy Special Situations stock overvalued right now?

Clean Energy Special Situations (SWSSW) has a current EBIT of $-2.00 Mil. The current EBIT is $-2.00 Mil. Clean Energy Special Situations' overall GF Score™ is 31/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Clean Energy Special Situations (SWSSW), the current EBIT is $-2.00 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Clean Energy Special Situations Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies CREEF AEAE GGAAF NUBI ARTE GTAC RFAC HAIA YOTA HPLT PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Address c/o Graubard Miller, 405 Lexington Avenue, 44th Floor, The Chrysler Building, New York, NY, USA, 10174

Website https://www.springwatercapital.ch

Clean Energy Special Situations Corp Formerly Springwater Special Situations Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.

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