TPG Pace Beneficial II (TPG Pace Beneficial II) EBIT : $-1.64 Mil (TTM As of Dec. 2022)

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What is TPG Pace Beneficial II EBIT?

TPG Pace Beneficial II's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was $-0.65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-1.64 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TPG Pace Beneficial II's annualized ROC % for the quarter that ended in Dec. 2022 was -0.63%. TPG Pace Beneficial II's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TPG Pace Beneficial II's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -0.30%.

TPG Pace Beneficial II EBIT Historical Data

The historical data trend for TPG Pace Beneficial 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.

TPG Pace Beneficial II EBIT Chart

TPG Pace Beneficial II Annual Data

Trend

Dec21

Dec22

EBIT

-1.01

-1.64

TPG Pace Beneficial II Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
EBIT	Get a 7-Day Free Trial			-0.33	-0.41	-0.28	-0.30	-0.65

Competitive Comparison of TPG Pace Beneficial II's EBIT

For the Shell Companies subindustry, TPG Pace Beneficial 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.

TPG Pace Beneficial II's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where TPG Pace Beneficial II's EV-to-EBIT falls into.

TPG Pace Beneficial 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.64 Mil.

TPG Pace Beneficial II (NYSE:YTPG) EBIT Explanation

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

TPG Pace Beneficial II's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2022 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	-2.604 * ( 1 - 0% )	/	( (416	+	416)	/ 2 )
=	-2.604	/	416
=	-0.63 %

where

	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	))
=	401.39	-	0.155	-	( 1.184	-	max(0, 16.155	-	1.39	+	1.184	))
=	416

	Invested Capital		(Q: Dec. 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	))
=	400.616	-	0.032	-	( 0.516	-	max(0, 16.032	-	0.616	+	0.516	))
=	416

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

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

TPG Pace Beneficial II's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2022		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.604	/	( ( (0 + max(-13.949, 0))	+	(0 + max(-13.932, 0)) )	/	2 )
=	-2.604	/	( ( 0	+	0 )	/	2 )
=	-2.604	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.206)	-	(0.155	+	14	+	0)
=	-13.949

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.1)	-	(0.032	+	14	+	0)
=	-13.932

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

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

TPG Pace Beneficial II's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	-1.636	/	544.274
	=	-0.30 %

TPG Pace Beneficial II EBIT Related Terms

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TPG Pace Beneficial II (TPG Pace Beneficial II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TPG Pace Beneficial II Corp (NYSE:YTPG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 Commerce Street, Suite 3300, Fort Worth, TX, USA, 76102

Website

https://www.tpg.com

TPG Pace Beneficial II Corp is a blank check company.

Executives

Jon Winkelried	director, 10 percent owner	C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Chad A Leat	director	C/O UNITED AMERICA INDEMNITY GROUP INC., 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
David Bonderman	director, 10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
James G Coulter	director, 10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Karl Mr. Peterson	director, 10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Mark Fields	director	FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Dr Kneeland Youngblood	director	C/O GAP, INC., 2 FOLSOM ST., SAN FRANCISCO CA 94105
Michael G. Macdougall	officer: President	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Eduardo Tamraz	officer: Secretary	C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Martin Davidson	officer: Chief Financial Officer	C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Anilu Vazquez-ubarri	director	C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Nancy Mahon	director	C/O TPG PACE BENEFICIAL FINANCE CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Maryanne Hancock	director	C/O TPG PACE HOLDINGS, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Pace Beneficial Ii Sponsor, Series Llc	director, 10 percent owner	C/O TPG PACE HOLDINGS, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Carlton Ellis	officer: Executive VP of Corp Dev	301 COMMERCE ST., SUITE 3300, FORT WORTH TX 76102

TPG Pace Beneficial II (TPG Pace Beneficial II) Headlines

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