Atlas Crest Investment II (Atlas Crest Investment II) EBIT : $-2.16 Mil (TTM As of Sep. 2022)

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What is Atlas Crest Investment II EBIT?

Atlas Crest Investment II's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-2.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Atlas Crest Investment II's annualized ROC % for the quarter that ended in Sep. 2022 was -0.48%. Atlas Crest Investment II's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Atlas Crest Investment II's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -0.50%.

Atlas Crest Investment II EBIT Historical Data

The historical data trend for Atlas Crest Investment 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.

Atlas Crest Investment II EBIT Chart

Atlas Crest Investment II Annual Data

Trend

Dec20

Dec21

EBIT

-1.81

Atlas Crest Investment II Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial			-0.34	-0.64	-0.57	-0.45	-0.49

Competitive Comparison of Atlas Crest Investment II's EBIT

For the Shell Companies subindustry, Atlas Crest Investment 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.

Atlas Crest Investment II's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Atlas Crest Investment II's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Atlas Crest Investment II's EV-to-EBIT falls into.

Atlas Crest Investment 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.16 Mil.

Atlas Crest Investment II (NYSE:ACII) EBIT Explanation

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

Atlas Crest Investment II's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-1.948 * ( 1 - 15.23% )	/	( (345.725	+	347.487)	/ 2 )
=	-1.6513196	/	346.606
=	-0.48 %

where

	Invested Capital		(Q: Jun. 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	))
=	346.119	-	0.532	-	( 0.21	-	max(0, 0.67	-	0.532	+	0.21	))
=	345.725

	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	))
=	347.82	-	0.877	-	( 0.309	-	max(0, 1.05	-	0.506	+	0.309	))
=	347.487

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

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

Atlas Crest Investment II's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.948	/	( ( (0 + max(-0.255, 0))	+	(0 + max(-0.772, 0)) )	/	2 )
=	-1.948	/	( ( 0	+	0 )	/	2 )
=	-1.948	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.322)	-	(0.532	+	0	+	0.045)
=	-0.255

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.197)	-	(0.877	+	0	+	0.092)
=	-0.772

When net working capital is negative, 0 is used.

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

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

Atlas Crest Investment II's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-2.159	/	434.041
	=	-0.50 %

Atlas Crest Investment II EBIT Related Terms

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Atlas Crest Investment II (Atlas Crest Investment II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlas Crest Investment Corp II (NYSE:ACII) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

399 Park Avenue, New York, NY, USA, 10022

Website

https://acii.atlascrestcorp.com

Atlas Crest Investment Corp II is a blank check company.

Executives

Sara Sprung	director	399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Carrie Mccabe	director	399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 07430
Nicholas Nickerson	officer: Chief Operating Officer	399 PARK AVENUE, 5TH FLOOR, C/O ATLAS CREST INVESTMENT CORP. II, NEW YORK NY 10022
Emanuel R Pearlman	director	250 EAST 79TH STREET, NEW YORK NY 10075
Kenneth Moelis	director, 10 percent owner	C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Christopher Callesano	officer: Chief Financial Officer	C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Michael Spellacy	director, officer: CEO and Director	399 PARK AVENUE, NEW YORK NY 10022
David Morton Fox	director	399 PARK AVENUE, NEW YORK NY 10022
Todd Lemkin	director	399 PARK AVE., NEW YORK NY 10022
Caa 1 Llc	10 percent owner	399 PARK AVE., NEW YORK NY 10022
Atlas Crest Ii Manager Llc	other: Managing Member	399 PARK AVENUE, NEW YORK NY 10022

Atlas Crest Investment II (Atlas Crest Investment II) Headlines

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Atlas Crest Investment Corp. II Files Preliminary Proxy Statement to Obtain Stockholder Approval for Early Liquidation

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By Business Wire Business Wire • 11-16-2022