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Aster Acquisition (TSXV:ATR.P) EBIT : C$-0.04 Mil (TTM As of Nov. 2024)


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What is Aster Acquisition EBIT?

Aster Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2024 was C$-0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2024 was C$-0.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aster Acquisition's annualized ROC % for the quarter that ended in Nov. 2024 was %. Aster Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aster Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was -28.03%.


Aster Acquisition EBIT Historical Data

The historical data trend for Aster 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.

* Premium members only.

Aster Acquisition EBIT Chart

Aster Acquisition Annual Data
Trend Nov21 Nov22 Nov23 Nov24
EBIT
-0.02 -0.11 -0.06 -0.05

Aster Acquisition Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 May24 Aug24 Nov24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.02 -0.01 -0.01 -0.02

Competitive Comparison of Aster Acquisition's EBIT

For the Shell Companies subindustry, Aster 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.


Aster Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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


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Aster 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.04 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.


Aster Acquisition  (TSXV:ATR.P) EBIT Explanation

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

Aster Acquisition's annualized ROC % for the quarter that ended in Nov. 2024 is calculated as:

ROC % (Q: Nov. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2024 ) + Invested Capital (Q: Nov. 2024 ))/ count )
=-0.068 * ( 1 - 0% )/( (0 + 0)/ 2 )
=-0.068/0
= %

where

Note: The Operating Income data used here is four times the quarterly (Nov. 2024) data.

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

Aster Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2024  Q: Nov. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.068/( ( (0 + max(-0.001, 0)) + (0 + max(-0.012, 0)) )/ 2 )
=-0.068/( ( 0 + 0 )/ 2 )
=-0.068/0
= %

where Working Capital is:

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.001) - (0.002 + 0 + 0)
=-0.001

Working Capital(Q: Nov. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.012 + 0 + 0)
=-0.012

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Nov. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2024 )
=-0.037/0.132
=-28.03 %

* 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.


Aster Acquisition EBIT Related Terms

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Aster Acquisition Business Description

Traded in Other Exchanges
N/A
Address
1500- 777 Hornby Street, Vancouver, BC, CAN, V6Z 1S4
Website
Aster Acquisition Corp. is a Canada-based capital pool company (CPC). The Company's principal business is the identification and evaluation of assets, properties or businesses with a view to acquire or participate therein subject, in certain cases, to shareholder approval and acceptance by the TSX-V. The Company plans to search for suitable assets or businesses to acquire or merge with in order to maximize value for shareholders. The Company has no operations and revenues.

Aster Acquisition Headlines

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