Thunder Bridge Capital Partners III (Thunder Bridge Capital Partners III) EBIT : $-1.35 Mil (TTM As of Sep. 2023)

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What is Thunder Bridge Capital Partners III EBIT?

Thunder Bridge Capital Partners III's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.24 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thunder Bridge Capital Partners III's annualized ROC % for the quarter that ended in Sep. 2023 was -9.05%. Thunder Bridge Capital Partners III'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.

Thunder Bridge Capital Partners III EBIT Historical Data

The historical data trend for Thunder Bridge Capital Partners III'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.

Thunder Bridge Capital Partners III EBIT Chart

Thunder Bridge Capital Partners III Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

-1.40

-1.52

Thunder Bridge Capital Partners III Quarterly Data
	Aug20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial								-0.22	-0.69	-0.23	-0.19	-0.24

Competitive Comparison of Thunder Bridge Capital Partners III's EBIT

For the Shell Companies subindustry, Thunder Bridge Capital Partners III'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.

Thunder Bridge Capital Partners III's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Thunder Bridge Capital Partners III's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thunder Bridge Capital Partners III's EV-to-EBIT falls into.

Thunder Bridge Capital Partners III 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 $-1.35 Mil.

Thunder Bridge Capital Partners III (NAS:TBCPU) EBIT Explanation

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

Thunder Bridge Capital Partners III'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 )
=	-0.944 * ( 1 - 1.4% )	/	( (12.873	+	7.706)	/ 2 )
=	-0.930784	/	10.2895
=	-9.05 %

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	))
=	11.277	-	0.628	-	( 0.003	-	max(0, 2.29	-	0.066	+	0.003	))
=	12.873

	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	))
=	6.393	-	0.764	-	( 0.03	-	max(0, 2.163	-	0.086	+	0.03	))
=	7.706

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

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

Thunder Bridge Capital Partners III'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 )
=	-0.944	/	( ( (0 + max(-1.587, 0))	+	(0 + max(-1.304, 0)) )	/	2 )
=	-0.944	/	( ( 0	+	0 )	/	2 )
=	-0.944	/	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	+	0.063)	-	(0.628	+	0	+	1.022)
=	-1.587

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.056)	-	(0.764	+	0	+	0.596)
=	-1.304

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:

Thunder Bridge Capital Partners III's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-1.347	/	0.000
	=	%

Thunder Bridge Capital Partners III EBIT Related Terms

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Thunder Bridge Capital Partners III (Thunder Bridge Capital Partners III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Thunder Bridge Capital Partners III Inc (NAS:TBCPU) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

9912 Georgetown Pike, Suite D203, Great Falls, VA, USA, 22066

Website

Thunder Bridge Capital Partners III Inc is a blank check company.

Executives

David E Mangum	director
Gary A Simanson	director, 10 percent owner, officer: President and CEO	717 KING STREET, ALEXANDRIA VA 22314
William A Houlihan	officer: Chief Financial Officer	10900 WAYZATA BOULEVARD, MINNETONKA MN 55305
Robert Herman Hartheimer	director	3232 RITTENHOUSE STREET NW, WASHINGTON DC 20015
Allerd D. Stikker	director	9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Mary Anne Gillespie	director	9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Tbcp Iii, Llc	10 percent owner	9912 GEORGETOWN PIKE SUITE D203, GREAT FALLS VA 22066

Thunder Bridge Capital Partners III (Thunder Bridge Capital Partners III) Headlines

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