Vector Acquisition II (Vector Acquisition II) EBIT : $-1.15 Mil (TTM As of Sep. 2023)

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What is Vector Acquisition II EBIT?

Vector Acquisition II's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.15 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vector Acquisition II's annualized ROC % for the quarter that ended in Sep. 2023 was -1.38%. Vector Acquisition II's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vector Acquisition II's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -0.66%.

Vector Acquisition II EBIT Historical Data

The historical data trend for Vector Acquisition 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.

Vector Acquisition II EBIT Chart

Vector Acquisition II Annual Data

Trend

Dec21

Dec22

EBIT

-1.01

-0.69

Vector Acquisition II Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial						-0.17	-0.14	-0.71	-0.16	-0.14

Competitive Comparison of Vector Acquisition II's EBIT

For the Shell Companies subindustry, Vector Acquisition 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.

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

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

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

Vector Acquisition 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.15 Mil.

Vector Acquisition II (NAS:VAQC) EBIT Explanation

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

Vector Acquisition II's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-0.576 * ( 1 - 0% )	/	( (41.445	+	41.914)	/ 2 )
=	-0.576	/	41.6795
=	-1.38 %

where

	Invested Capital		(Q: Jun. 2023 )
=	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	))
=	40.917	-	0.667	-	( 0.122	-	max(0, 1.467	-	0.272	+	0.122	))
=	41.445

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	41.295	-	0.72	-	( 0.091	-	max(0, 1.52	-	0.181	+	0.091	))
=	41.914

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Vector Acquisition II's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.576	/	( ( (0 + max(-0.517, 0))	+	(0 + max(-0.63, 0)) )	/	2 )
=	-0.576	/	( ( 0	+	0 )	/	2 )
=	-0.576	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.15)	-	(0.667	+	0	+	0)
=	-0.517

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.09)	-	(0.72	+	0	+	0)
=	-0.63

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-1.15	/	174.169
	=	-0.66 %

Vector Acquisition II EBIT Related Terms

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Vector Acquisition II (Vector Acquisition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Vector Acquisition Corp II (NAS:VAQC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Market Street, Steuart Tower, 23rd Floor, San Francisco, CA, USA, 94105

Website

https://www.vectorcapital.com

Vector Acquisition Corp II is a blank check company.

Executives

Patrick Nichols	director	C/O VECTOR ACQUISITION PARTNERS, L.P., ONE MARKET STREET, 23RD FLOOR, SAN FRANCISCO CA 94105
Vector Capital Partners V, Ltd	10 percent owner	ONE MARKET STREET, 23RD FL., STEUART TOWER, SAN FRANCISCO CA 94105
Alexander R Slusky	director, officer: Chairman and CEO	456 MONTGOMERY STREET, 19TH FLOOR, SAN FRANCISCO CA 94104
David P Kennedy	director	ONE EMBARCADERO CENTER, SUITE 1900, SAN FRANCISCO CA 94111
David A Baylor	officer: Chief Financial Officer	C/O THOMAS WEISEL PARTNERS GROUP, INC., ONE MONTGOMERY STREET, SUITE 3700, SAN FRANCISCO CA 94104
John Herr	director	C/O VECTOR ACQUISITION PARTNERS, L.P., ONE MARKET STREET, 23RD FLOOR, SAN FRANCISCO CA 94105
David Fishman	officer: President	C/O VECTOR ACQUISITION PARTNERS, L.P., ONE MARKET STREET, 23RD FLOOR, SAN FRANCISCO CA 94105
Vector Acquisition Partners Ii, L.p.	10 percent owner	C/O VECTOR ACQUISITION PARTNERS, ONE MARKET STREET, 23RD FLOOR, SAN FRANCISCO CA 94105

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