VSAC (Vision Sensing Acquisition) EBIT : $1.72 Mil (TTM As of Jun. 2024)

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What is Vision Sensing Acquisition EBIT?

Vision Sensing Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was $-0.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $1.72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vision Sensing Acquisition's annualized ROC % for the quarter that ended in Jun. 2024 was -7.09%. Vision Sensing Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vision Sensing Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.21%.

Vision Sensing Acquisition EBIT Historical Data

The historical data trend for Vision Sensing 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.

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Vision Sensing Acquisition EBIT Chart

Vision Sensing Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-0.36

-0.14

0.59

Vision Sensing Acquisition Quarterly Data
	Aug21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
EBIT	Get a 7-Day Free Trial							-0.12	-0.31	2.11	0.03	-0.11

Competitive Comparison of Vision Sensing Acquisition's EBIT

For the Shell Companies subindustry, Vision Sensing 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.

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

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

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

Vision Sensing 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.72 Mil.

Vision Sensing Acquisition (NAS:VSAC) EBIT Explanation

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

Vision Sensing Acquisition's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2024 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-1.184 * ( 1 - -16.08% )	/	( (20.257	+	18.539)	/ 2 )
=	-1.3743872	/	19.398
=	-7.09 %

where

	Invested Capital		(Q: Mar. 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	))
=	16.617	-	2.973	-	( 0.002	-	max(0, 7.766	-	1.153	+	0.002	))
=	20.257

	Invested Capital		(Q: Jun. 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	))
=	14.571	-	3.151	-	( 0.051	-	max(0, 8.391	-	1.272	+	0.051	))
=	18.539

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

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

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

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2024		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.456	/	( ( (0 + max(-2.974, 0))	+	(0 + max(-3.111, 0)) )	/	2 )
=	-0.456	/	( ( 0	+	0 )	/	2 )
=	-0.456	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	-0.00099999999999989)	-	(2.973	+	0	+	0)
=	-2.974

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.04)	-	(3.151	+	0	+	0)
=	-3.111

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	1.722	/	53.585
	=	3.21 %

Vision Sensing Acquisition EBIT Related Terms

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Vision Sensing Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Vision Sensing Acquisition Corp (NAS:VSAC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

78 SW 7th Street, Suite 500, Miami, FL, USA, 33130

Website

Vision Sensing Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

Wolverine Asset Management Llc	10 percent owner	175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
Garry Richard Stein	director	FLAT LB, 6/F, TOWER 3, AMBER HEMERA, OF LOHAS PARK, 1 LOHAS PARK ROAD, TSEUNG KWAN O, NEW TERRITORIES K3 00000
Ma Hang Kon Louis	director, officer: CFO and Secretary	78 SW 7TH STREET SUITE 500, MIAMI FL 33130
Vison Sensing Llc	10 percent owner	78 SW 7TH STREET SUITE 500, MIAMI FL 33130
William Iv Welser	director	78 SW 7TH STREET SUITE 500, MIAMI FL 33130
George Peter Sobek	director, officer: Chairman and CEO	78 SW 7TH STREET SUITE 500, MIAMI FL 33130
Joseph Mitchell Magen	director	78 SW 7TH STREET SUITE 500, MIAMI FL 33130
So George Cho Yiu	other: managing member of owner	78 SW 7TH STREET SUITE 500, MIAMI FL 33130