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Clarim Acquisition (Clarim Acquisition) EV-to-EBIT : -318.73 (As of May. 25, 2024)


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What is Clarim Acquisition EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Clarim Acquisition's Enterprise Value is $361.75 Mil. Clarim Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was $-1.14 Mil. Therefore, Clarim Acquisition's EV-to-EBIT for today is -318.73.

The historical rank and industry rank for Clarim Acquisition's EV-to-EBIT or its related term are showing as below:

CLRM's EV-to-EBIT is not ranked *
in the Diversified Financial Services industry.
Industry Median: 8.69
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Clarim Acquisition's Enterprise Value for the quarter that ended in Sep. 2022 was $354.21 Mil. Clarim Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was $-1.14 Mil. Clarim Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -0.32%.


Clarim Acquisition EV-to-EBIT Historical Data

The historical data trend for Clarim Acquisition's EV-to-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.

Clarim Acquisition EV-to-EBIT Chart

Clarim Acquisition Annual Data
Trend Dec20 Dec21
EV-to-EBIT
- -148.73

Clarim Acquisition Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
EV-to-EBIT Get a 7-Day Free Trial -174.66 -148.73 -143.13 -152.00 -312.08

Competitive Comparison of Clarim Acquisition's EV-to-EBIT

For the Shell Companies subindustry, Clarim 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.


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

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

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



Clarim Acquisition EV-to-EBIT Calculation

Clarim Acquisition's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=361.753/-1.135
=-318.73

Clarim Acquisition's current Enterprise Value is $361.75 Mil.
Clarim Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.14 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.


Clarim Acquisition  (NAS:CLRM) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Clarim Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2022 ) =EBIT / Enterprise Value (Q: Sep. 2022 )
=-1.135/354.20575
=-0.32 %

Clarim Acquisition's Enterprise Value for the quarter that ended in Sep. 2022 was $354.21 Mil.
Clarim Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.14 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.


Clarim Acquisition EV-to-EBIT Related Terms

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Clarim Acquisition (Clarim Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
155 East 44th Street, 18th Floor, New York, NY, USA, 10017
Website
Clarim 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
Jaymin B Patel director, officer: President and CFO C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
James F Mccann director, officer: Chief Executive Officer ONE OLD COUNTRY ROAD, SUITE 500, CARLE PLACE NY 11514
Russell D Glass officer: Vice Chairman 170 N. RADNOR-CHESTER ROAD, SUITE 200, RADNOR PA 19087
Maria Pinelli director 245 FIFTH AVENUE, SUITE 1500, NEW YORK NY 10016
Clarim Partners, Llc 10 percent owner 245 FIFTH AVENUE, SUITE 1500, NEW YORK NY 10016
Daniel Neely director 245 FIFTH AVENUE, SUITE 1500, NEW YORK NY 10016
Paul Stamoulis officer: Executive Vice President 245 FIFTH AVENUE, SUITE 1500, NEW YORK NY 10016

Clarim Acquisition (Clarim Acquisition) Headlines