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Silver Spike III Acquisition (NEOE:SPKC.U) EV-to-EBIT : -237.96 (As of Apr. 25, 2024)


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What is Silver Spike III Acquisition EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Silver Spike III Acquisition's Enterprise Value is $160.38 Mil. Silver Spike III Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $-0.67 Mil. Therefore, Silver Spike III Acquisition's EV-to-EBIT for today is -237.96.

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

NEOE:SPKC.U's EV-to-EBIT is not ranked *
in the Diversified Financial Services industry.
Industry Median: 9.145
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Silver Spike III Acquisition's Enterprise Value for the quarter that ended in Mar. 2023 was $31.26 Mil. Silver Spike III Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $-0.67 Mil. Silver Spike III Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -2.16%.


Silver Spike III Acquisition EV-to-EBIT Historical Data

The historical data trend for Silver Spike III 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.

Silver Spike III Acquisition EV-to-EBIT Chart

Silver Spike III Acquisition Annual Data
Trend Dec21 Dec22
EV-to-EBIT
- -46.78

Silver Spike III Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only -3.03 -30.75 -23.95 -46.78 -46.38

Competitive Comparison of Silver Spike III Acquisition's EV-to-EBIT

For the Shell Companies subindustry, Silver Spike III 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.


Silver Spike III Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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



Silver Spike III Acquisition EV-to-EBIT Calculation

Silver Spike III Acquisition's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=160.384/-0.674
=-237.96

Silver Spike III Acquisition's current Enterprise Value is $160.38 Mil.
Silver Spike III Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.67 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.


Silver Spike III Acquisition  (NEOE:SPKC.U) 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) %.

Silver Spike III Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2023 ) =EBIT / Enterprise Value (Q: Mar. 2023 )
=-0.674/31.25875
=-2.16 %

Silver Spike III Acquisition's Enterprise Value for the quarter that ended in Mar. 2023 was $31.26 Mil.
Silver Spike III Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.67 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.


Silver Spike III Acquisition EV-to-EBIT Related Terms

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Silver Spike III Acquisition (NEOE:SPKC.U) Business Description

Traded in Other Exchanges
N/A
Address
660 Madison Avenue, Suite 1600, New York, NY, USA, 10065
Silver Spike III Acquisition Corp is a special purpose acquisition corporation. The Corporation continues to search for target businesses with a focus on the cannabis sector and related industries such as consumer packaged goods, health & wellness, technology, pharmaceuticals, manufacturing, distribution, logistics, and brand management.

Silver Spike III Acquisition (NEOE:SPKC.U) Headlines

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