Tishman Speyer Innovation II (Tishman Speyer Innovation II) EBIT : $-3.02 Mil (TTM As of Sep. 2022)

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What is Tishman Speyer Innovation II EBIT?

Tishman Speyer Innovation II's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-3.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tishman Speyer Innovation II's annualized ROC % for the quarter that ended in Sep. 2022 was -0.30%. Tishman Speyer Innovation II'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. Tishman Speyer Innovation II's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -0.80%.

Tishman Speyer Innovation II EBIT Historical Data

The historical data trend for Tishman Speyer Innovation II'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.

Tishman Speyer Innovation II EBIT Chart

Tishman Speyer Innovation II Annual Data

Trend

Dec20

Dec21

EBIT

-3.14

Tishman Speyer Innovation II Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial			-0.43	-2.20	-0.11	-0.44	-0.27

Competitive Comparison of Tishman Speyer Innovation II's EBIT

For the Shell Companies subindustry, Tishman Speyer Innovation II'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.

Tishman Speyer Innovation II's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tishman Speyer Innovation II's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tishman Speyer Innovation II's EV-to-EBIT falls into.

Tishman Speyer Innovation II 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 $-3.02 Mil.

Tishman Speyer Innovation II (NAS:TSIB) EBIT Explanation

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

Tishman Speyer Innovation II'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 )
=	-1.092 * ( 1 - 17.61% )	/	( (300.459	+	301.609)	/ 2 )
=	-0.8996988	/	301.034
=	-0.30 %

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	))
=	300.715	-	2.286	-	( 0.01	-	max(0, 2.286	-	0.256	+	0.01	))
=	300.459

	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	))
=	301.86	-	2.517	-	( 0.108	-	max(0, 2.517	-	0.251	+	0.108	))
=	301.609

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

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

Tishman Speyer Innovation II'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 )
=	-1.092	/	( ( (0 + max(-2.04, 0))	+	(0 + max(-2.374, 0)) )	/	2 )
=	-1.092	/	( ( 0	+	0 )	/	2 )
=	-1.092	/	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	+	0.246)	-	(2.286	+	0	+	0)
=	-2.04

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.143)	-	(2.517	+	0	+	0)
=	-2.374

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:

Tishman Speyer Innovation II's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-3.018	/	377.395
	=	-0.80 %

Tishman Speyer Innovation II EBIT Related Terms

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Tishman Speyer Innovation II (Tishman Speyer Innovation II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tishman Speyer Innovation Corp II (NAS:TSIB) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Rockefeller Plaza, 7th Floor, Rockefeller Center, New York, NY, USA, 10111

Website

https://www.tsibcorp.com

Tishman Speyer Innovation Corp II is a blank check company.

Executives

Ned D. Segal	director	1 MARKET PLAZA, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Joshua A Kazam	director	689 5TH AVENUE, 12TH FLOOR, NEW YORK NY 10022
Michelangelo Volpi	director	C/O HORTONWORKS, INC., 3640 W. BAYSHORE RD., PALO ALTO CA 94303
Tishman Speyer Properties L P	10 percent owner	ROCKEFELLER CENTER, 45 ROCKEFELLER PLAZA, NEW YORK NY 10111
Robert J. Speyer	director, 10 percent owner, officer: Chief Executive Officer	C/O TISHMAN SPEYER, ROCKEFELLER CENTER, 45 ROCKEFELLER PLAZA, NEW YORK NY 10111
Paul A. Galiano	director, officer: COO, CFO and Director	C/O TISHMAN SPEYER PROPERTIES, L.P., ROCKEFELLER CENTER, 45 ROCKEFELLER PLAZA, NEW YORK NY 10111
Jennifer Wong Sharp	director, officer: CIO and Director	C/O TISHMAN SPEYER PROPERTIES, L.P., ROCKEFELLER CENTER, 45 ROCKEFELLER PLAZA, NEW YORK NY 10111
Jennifer Rubio	director	C/O TISHMAN SPEYER PROPERTIES, L.P., ROCKEFELLER CENTER, 45 ROCKEFELLER PLAZA, NEW YORK NY 10111
Tishman Speyer Properties, Inc.	10 percent owner	C/O TISHMAN SPEYER PROPERTIES, L.P., ROCKEFELLER CENTER, 45 ROCKEFELLER PLAZA, NEW YORK NY 10111
Jerry I. Speyer	10 percent owner	C/O TISHMAN SPEYER PROPERTIES, L.P., ROCKEFELLER CENTER, 45 ROCKEFELLER PLAZA, NEW YORK NY 10111
Tishman Speyer Innovation Sponsor Ii, L.l.c.	10 percent owner	C/O TISHMAN SPEYER, ROCKEFELLER CENTER, 45 ROCKEFELLER PLAZA, NEW YORK NY 10111

Tishman Speyer Innovation II (Tishman Speyer Innovation II) Headlines

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