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Mdk Acquisition (TSXV:MDK.P) EBIT : C$-0.06 Mil (TTM As of Aug. 2024)


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What is Mdk Acquisition EBIT?

Mdk Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2024 was C$-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was C$-0.06 Mil.

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

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mdk Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -37.84%.

Mdk Acquisition EBIT Historical Data

The historical data trend for Mdk 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.

Mdk Acquisition EBIT Chart

Mdk Acquisition Annual Data
Trend Nov22 Nov23
EBIT
- -0.12

Mdk Acquisition Quarterly Data
Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
EBIT Get a 7-Day Free Trial -0.04 -0.01 -0.02 -0.02 -0.01

Competitive Comparison of Mdk Acquisition's EBIT

For the Shell Companies subindustry, Mdk 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.

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

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

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


Mdk 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.06 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.

Mdk Acquisition  (TSXV:MDK.P) EBIT Explanation

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

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

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=-0.036 * ( 1 - 0% )/( (0 + 0)/ 2 )
=-0.036/0
= %

where

Invested Capital(Q: May. 2024 )
=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))
=0.181 - 0.022 - ( 0.177 - max(0, 0.022 - 0.181+0.177))
=0

Invested Capital(Q: Aug. 2024 )
=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))
=0.166 - 0.017 - ( 0.162 - max(0, 0.017 - 0.166+0.162))
=0

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

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

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

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.036/( ( (0 + max(-0.018, 0)) + (0 + max(-0.013, 0)) )/ 2 )
=-0.036/( ( 0 + 0 )/ 2 )
=-0.036/0
= %

where Working Capital is:

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.004) - (0.022 + 0 + 0)
=-0.018

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.004) - (0.017 + 0 + 0)
=-0.013

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2024 )
=-0.056/0.148
=-37.84 %

* 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.

Mdk Acquisition EBIT Related Terms

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Mdk Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mdk Acquisition Inc (TSXV:MDK.P) » Definitions » EBIT
Comparable Companies
TSXV:LDB.P TSXV:CRAN.P TSXV:PANO.P TSXV:SDCI.P TSXV:AUNK.P TSXV:DAT.H TSXV:KKL.P TSXV:HIDE.P TSXV:MAN.P TSXV:AVR PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
3369 Huntleigh Court, North Vancouver, BC, CAN, V7H 1C9
Website
Mdk Acquisition Inc is a capital pool company.

Mdk Acquisition Headlines

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