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Trident Acquisitions (Trident Acquisitions) EV-to-EBIT : -81.49 (As of Apr. 26, 2024)


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What is Trident Acquisitions EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Trident Acquisitions's Enterprise Value is $181.47 Mil. Trident Acquisitions's EBIT for the trailing twelve months (TTM) ended in Jun. 2021 was $-2.23 Mil. Therefore, Trident Acquisitions's EV-to-EBIT for today is -81.49.

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

TDAC's EV-to-EBIT is not ranked *
in the Diversified Financial Services industry.
Industry Median: 9.53
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Trident Acquisitions's Enterprise Value for the quarter that ended in Jun. 2021 was $156.10 Mil. Trident Acquisitions's EBIT for the trailing twelve months (TTM) ended in Jun. 2021 was $-2.23 Mil. Trident Acquisitions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -1.43%.


Trident Acquisitions EV-to-EBIT Historical Data

The historical data trend for Trident Acquisitions'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.

Trident Acquisitions EV-to-EBIT Chart

Trident Acquisitions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
EV-to-EBIT
- - -374.02 -126.95 -106.23

Trident Acquisitions Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -119.12 -92.91 -106.23 -80.74 -70.09

Competitive Comparison of Trident Acquisitions's EV-to-EBIT

For the Shell Companies subindustry, Trident Acquisitions'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.


Trident Acquisitions's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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



Trident Acquisitions EV-to-EBIT Calculation

Trident Acquisitions's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=181.468/-2.227
=-81.49

Trident Acquisitions's current Enterprise Value is $181.47 Mil.
Trident Acquisitions's EBIT for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.23 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.


Trident Acquisitions  (NAS:TDAC) 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) %.

Trident Acquisitions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2021 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2021 ) =EBIT / Enterprise Value (Q: Jun. 2021 )
=-2.227/156.096788
=-1.43 %

Trident Acquisitions's Enterprise Value for the quarter that ended in Jun. 2021 was $156.10 Mil.
Trident Acquisitions's EBIT for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.23 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.


Trident Acquisitions EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Trident Acquisitions's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Trident Acquisitions (Trident Acquisitions) Business Description

Traded in Other Exchanges
N/A
Address
77 Water Street, Floor 8, New York, NY, USA, 10005
Trident Acquisitions Corp is a blank check company. The firm intends to focus its search on target businesses operating in oil and gas or other natural resources companies in Eastern Europe.

Trident Acquisitions (Trident Acquisitions) Headlines

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