Acropolis Infrastructure Acquisition (Acropolis Infrastructure Acquisition) EBIT : $9.26 Mil (TTM As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Acropolis Infrastructure Acquisition EBIT?

Acropolis Infrastructure Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $0.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $9.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Acropolis Infrastructure Acquisition's annualized ROC % for the quarter that ended in Sep. 2023 was -1.51%. Acropolis Infrastructure Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Acropolis Infrastructure Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 5.23%.

Acropolis Infrastructure Acquisition EBIT Historical Data

The historical data trend for Acropolis Infrastructure 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.

* Premium members only.

Acropolis Infrastructure Acquisition EBIT Chart

Acropolis Infrastructure Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

-1.33

0.99

Acropolis Infrastructure Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial							1.20	1.07	4.38	3.31	0.50

Competitive Comparison of Acropolis Infrastructure Acquisition's EBIT

For the Shell Companies subindustry, Acropolis Infrastructure 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.

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

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

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

Acropolis Infrastructure 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.26 Mil.

Acropolis Infrastructure Acquisition (NYSE:ACRO) EBIT Explanation

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

Acropolis Infrastructure Acquisition's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-2.28 * ( 1 - 43.03% )	/	( (85.895	+	86.572)	/ 2 )
=	-1.298916	/	86.2335
=	-1.51 %

where

	Invested Capital		(Q: Jun. 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	))
=	82.63	-	4.28	-	( 0.017	-	max(0, 7.58	-	0.035	+	0.017	))
=	85.895

	Invested Capital		(Q: Sep. 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	))
=	83.934	-	5.301	-	( 0.057	-	max(0, 8.601	-	0.662	+	0.057	))
=	86.572

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Acropolis Infrastructure Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	2	/	( ( (0 + max(-4.262, 0))	+	(0 + max(-4.696, 0)) )	/	2 )
=	2	/	( ( 0	+	0 )	/	2 )
=	2	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.018)	-	(4.28	+	0	+	0)
=	-4.262

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.605)	-	(5.301	+	0	+	1.7763568394003E-15)
=	-4.696

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Acropolis Infrastructure Acquisition's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	9.258	/	176.983
	=	5.23 %

Acropolis Infrastructure Acquisition EBIT Related Terms

Thank you for viewing the detailed overview of Acropolis Infrastructure Acquisition's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Acropolis Infrastructure Acquisition (Acropolis Infrastructure Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Acropolis Infrastructure Acquisition Corp (NYSE:ACRO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 West 57th Street, 42nd Floor, New York, NY, USA, 10019

Website

https://www.acropolisinfrastructure.com

Acropolis Infrastructure Acquisition Corp is a blank check company.

Executives

Sanjay H Patel	director, officer: Chief Executive Officer	C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, NEW YORK NY 10019
Ian Deason	director	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Principal Holdings Iii, L.p.	10 percent owner	C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Apollo Principal Holdings Iii Gp Ltd	10 percent owner	C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Curtis A Morgan	director	1155 PERIMETER CENTER WEST, ATLANTA GA 30338
Theresa Wise	director	400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Geoffrey Strong	director, officer: Chief Executive Officer	C/O APOLLO MANAGEMENT, 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
James Crossen	officer: CFO, CAO and Secretary	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Ap Caps Ii Holdings Gp, Llc	10 percent owner	C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN E9 KY1-9008
Acropolis Infrastructure Acquisition Sponsor L.p.	10 percent owner	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Dylan Foo	director	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
David Jonathan Small	director	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019

Acropolis Infrastructure Acquisition (Acropolis Infrastructure Acquisition) Headlines

From GuruFocus

Acropolis Infrastructure Acquisition Corp. Announces the Separate Trading of its Shares of Class A Common Stock and Warrants, Commencing August 30, 2021

By Marketwired Marketwired • 08-27-2021