TEKKW (Tekkorp Digital Acquisition) EBIT: $-9.10 Mil (TTM As of Jun. 2022)

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TEKKW Tekkorp Digital Acquisition Corp TEKKW
21 GF Score
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What is Tekkorp Digital Acquisition EBIT?

Tekkorp Digital Acquisition TEKKW 21 EBIT is $-9.10 Mil as of Jun. 2022. GuruFocus rates TEKKW with a GF Score™ of 21/100.

Tekkorp Digital Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2022 was $-3.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2022 was $-9.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tekkorp Digital Acquisition's annualized ROC % for the quarter that ended in Jun. 2022 was -4.90%. Tekkorp Digital Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was %.

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

Tekkorp Digital Acquisition  (NAS:TEKKW) EBIT Explanation

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

Tekkorp Digital Acquisition's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

ROC % (Q: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Jun. 2022 ))/ count )
=-12.256 * ( 1 - 0% )/( (250.039 + 250.395)/ 2 )
=-12.256/250.217
=-4.90 %

where

Invested Capital(Q: Mar. 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))
=250.455 - 7.199 - ( 0.089 - max(0, 7.199 - 0.416+0.089))
=250.039

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))
=250.707 - 9.96 - ( 0.121 - max(0, 9.96 - 0.312+0.121))
=250.395

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

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

Tekkorp Digital Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-12.256/( ( (0 + max(-6.872, 0)) + (0 + max(-9.769, 0)) )/ 2 )
=-12.256/( ( 0 + 0 )/ 2 )
=-12.256/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.327) - (7.199 + 0 + 0)
=-6.872

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.191) - (9.96 + 0 + 0)
=-9.769

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2022 )
=-9.095/0.000
= %

* 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.

Tekkorp Digital Acquisition EBIT Related Terms

Tekkorp Digital Acquisition EBIT Historical Data

* Premium members only.

The historical data trend for Tekkorp Digital 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.

Tekkorp Digital Acquisition EBIT Chart

Tekkorp Digital Acquisition Annual Data
Trend Dec20 Dec21
EBIT
0.00 -6.26

Tekkorp Digital Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
EBIT Get a 7-Day Free Trial -2.11 -1.58 -2.01 -2.44 -3.06

TEKKW vs LOKM, ASAQ, RCLF: EBIT Comparison

For the Shell Companies subindustry, Tekkorp Digital 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.

Tekkorp Digital Acquisition EV-to-EBIT vs Diversified Financial Services Industry

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

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


TEKKW
21GF Score
Tekkorp Digital Acquisition Corp TEKKW
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tekkorp Digital 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.10 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-9.10 Mil mean?
Tekkorp Digital Acquisition (TEKKW) has a EBIT of $-9.10 Mil as of Jun. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tekkorp Digital Acquisition.
Is Tekkorp Digital Acquisition's EBIT too high?
Tekkorp Digital Acquisition's current EBIT is $-9.10 Mil. Overall, Tekkorp Digital Acquisition has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Tekkorp Digital Acquisition's EBIT compare to LOKM and ASAQ?
Tekkorp Digital Acquisition's EBIT of $-9.10 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 Tekkorp Digital Acquisition. Tekkorp Digital Acquisition's current EBIT is $-9.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tekkorp Digital Acquisition stock overvalued right now?
Tekkorp Digital Acquisition (TEKKW) has a current EBIT of $-9.10 Mil. The current EBIT is $-9.10 Mil. Tekkorp Digital Acquisition's overall GF Score™ is 21/100. 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 Tekkorp Digital Acquisition (TEKKW), the current EBIT is $-9.10 Mil as of Jun. 2022. 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.

Tekkorp Digital Acquisition Business Description

Address 1980 Festival Plaza Drive, Suite 300, Las Vega, NV, USA, 89135
Tekkorp Digital Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
21GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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