TETCW (Tech And Energy Transition) EBIT: $-1.90 Mil (TTM As of Dec. 2022)

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TETCW Tech And Energy Transition Corp TETCW
24 GF Score
Price $0.00
! 2 Warning Signs
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What is Tech And Energy Transition EBIT?

Tech And Energy Transition TETCW 24 EBIT is $-1.90 Mil as of Dec. 2022. GuruFocus rates TETCW with a GF Score™ of 24/100. The stock has 2 warning signs investors should review.

Tech And Energy Transition's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was $-0.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-1.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tech And Energy Transition's annualized ROC % for the quarter that ended in Dec. 2022 was -0.04%. Tech And Energy Transition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was %.

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


Tech And Energy Transition  (NAS:TETCW) EBIT Explanation

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

Tech And Energy Transition's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=-0.208 * ( 1 - 17.24% )/( (387.353 + 389.878)/ 2 )
=-0.1721408/388.6155
=-0.04 %

where

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

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

Tech And Energy Transition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.208/( ( (0 + max(-0.629, 0)) + (0 + max(-0.445, 0)) )/ 2 )
=-0.208/( ( 0 + 0 )/ 2 )
=-0.208/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.3) - (0.929 + 0 + 0)
=-0.629

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.137) - (0.581 + 0 + 0.001)
=-0.445

When net working capital is negative, 0 is used.

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

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

Tech And Energy Transition's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=-1.903/0.000
= %

* 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.


Tech And Energy Transition EBIT Related Terms


Tech And Energy Transition EBIT Historical Data

* Premium members only.

The historical data trend for Tech And Energy Transition'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.

Tech And Energy Transition EBIT Chart

Tech And Energy Transition Annual Data
Trend Mar19 Mar20 Mar21 Mar22
EBIT
-0.00 -0.00 -0.22 -2.86

Tech And Energy Transition Quarterly Data
Mar19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.14 -0.97 -0.40 -0.48 -0.05

TETCW vs LHC, LGST, LEAP: EBIT Comparison

For the Shell Companies subindustry, Tech And Energy Transition'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.


Tech And Energy Transition EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tech And Energy Transition's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tech And Energy Transition's EV-to-EBIT falls into.


TETCW
24GF Score
Tech And Energy Transition Corp TETCW
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tech And Energy Transition 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.90 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 $-1.90 Mil mean?
Tech And Energy Transition (TETCW) has a EBIT of $-1.90 Mil as of Dec. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tech And Energy Transition.
Is Tech And Energy Transition's EBIT too high?
Tech And Energy Transition's current EBIT is $-1.90 Mil. Overall, Tech And Energy Transition has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Tech And Energy Transition's EBIT compare to LHC and LGST?
Tech And Energy Transition's EBIT of $-1.90 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 Tech And Energy Transition. Tech And Energy Transition's current EBIT is $-1.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tech And Energy Transition stock overvalued right now?
Tech And Energy Transition (TETCW) has a current EBIT of $-1.90 Mil. The current EBIT is $-1.90 Mil. Tech And Energy Transition's overall GF Score™ is 24/100 with 2 warning signs to review. 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 Tech And Energy Transition (TETCW), the current EBIT is $-1.90 Mil as of Dec. 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.

Tech And Energy Transition Business Description

Address 125 W 55th Street, New York, NY, USA, 10019
Tech And Energy Transition Corp is a blank check company.
24GF 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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