Agriculture & Natural Solutions Acquisition (Agriculture & Natural Solutions Acquisition) EBIT : $-1.70 Mil (TTM As of Mar. 2024)

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What is Agriculture & Natural Solutions Acquisition EBIT?

Agriculture & Natural Solutions Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Agriculture & Natural Solutions Acquisition's annualized ROC % for the quarter that ended in Mar. 2024 was -0.63%. Agriculture & Natural Solutions Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1,695.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Agriculture & Natural Solutions Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.38%.

Agriculture & Natural Solutions Acquisition EBIT Historical Data

The historical data trend for Agriculture & Natural Solutions 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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Agriculture & Natural Solutions Acquisition EBIT Chart

Agriculture & Natural Solutions Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-1.15

Agriculture & Natural Solutions Acquisition Quarterly Data
	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial						-	-	-	-1.15	-0.55

Competitive Comparison of Agriculture & Natural Solutions Acquisition's EBIT

For the Shell Companies subindustry, Agriculture & Natural Solutions 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.

Agriculture & Natural Solutions Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Agriculture & Natural Solutions Acquisition's EV-to-EBIT falls into.

Agriculture & Natural Solutions 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.70 Mil.

Agriculture & Natural Solutions Acquisition (NAS:ANSC) EBIT Explanation

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

Agriculture & Natural Solutions Acquisition's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-2.204 * ( 1 - 0% )	/	( (347.698	+	352.164)	/ 2 )
=	-2.204	/	349.931
=	-0.63 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	348.222	-	0.239	-	( 0.285	-	max(0, 0.239	-	0.765	+	0.285	))
=	347.698

	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	))
=	352.794	-	0.394	-	( 0.236	-	max(0, 0.394	-	0.649	+	0.236	))
=	352.164

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

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

Agriculture & Natural Solutions Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.204	/	( ( (0 + max(0.241, 0))	+	(0 + max(0.019, 0)) )	/	2 )
=	-2.204	/	( ( 0.241	+	0.019 )	/	2 )
=	-2.204	/	0.13
=	-1,695.38 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.48)	-	(0.239	+	0	+	0)
=	0.241

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.413)	-	(0.394	+	0	+	0)
=	0.019

When net working capital is negative, 0 is used.

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

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

Agriculture & Natural Solutions Acquisition's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-1.702	/	442.763
	=	-0.38 %

Agriculture & Natural Solutions Acquisition EBIT Related Terms

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Agriculture & Natural Solutions Acquisition (Agriculture & Natural Solutions Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Agriculture & Natural Solutions Acquisition Corp (NAS:ANSC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

712 Fifth Avenue, 36th Floor, New York, NY, USA, 10019

Website

Agriculture & Natural Solutions Acquisition Corp is a blank check company.

Agriculture & Natural Solutions Acquisition (Agriculture & Natural Solutions Acquisition) Headlines

From GuruFocus

Agriculture & Natural Solutions Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing January 2, 2024

By PRNewswire • 01-02-2024