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StoneBridge Acquisition (StoneBridge Acquisition) EBIT : $-1.88 Mil (TTM As of Sep. 2023)


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What is StoneBridge Acquisition EBIT?

StoneBridge Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.42 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.88 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. StoneBridge Acquisition's annualized ROC % for the quarter that ended in Sep. 2023 was -5.16%. StoneBridge 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. StoneBridge Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -2.12%.


StoneBridge Acquisition EBIT Historical Data

The historical data trend for StoneBridge 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.

StoneBridge Acquisition EBIT Chart

StoneBridge Acquisition Annual Data
Trend Dec21 Dec22
EBIT
- -1.37

StoneBridge Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.29 -0.60 -0.42 -0.43 -0.42

Competitive Comparison of StoneBridge Acquisition's EBIT

For the Shell Companies subindustry, StoneBridge 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.


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

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

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



StoneBridge 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 $-1.88 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.


StoneBridge Acquisition  (NAS:APAC) EBIT Explanation

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

StoneBridge 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 )
=-1.668 * ( 1 - 0% )/( (35.071 + 29.606)/ 2 )
=-1.668/32.3385
=-5.16 %

where

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

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

StoneBridge 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 )
=-1.668/( ( (0 + max(-1.114, 0)) + (0 + max(-1.381, 0)) )/ 2 )
=-1.668/( ( 0 + 0 )/ 2 )
=-1.668/0
= %

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 + 0.024) - (1.138 + 0 + 0)
=-1.114

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.003) - (1.384 + 0 + 0)
=-1.381

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-1.875/88.352
=-2.12 %

* 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.


StoneBridge Acquisition EBIT Related Terms

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StoneBridge Acquisition (StoneBridge Acquisition) Business Description

Traded in Other Exchanges
Address
One World Trade Center, Suite 8500, New York, NY, USA, 10007
StoneBridge Acquisition Corp is a blank check company.
Executives
Sylvia K. Barnes director 4853 POST OAK TIMBER DRIVE, HOUSTON TX 77056
Jeffrey Najarian director 9 DESBROSSES STREET, SUITE 402, NEW YORK NY 10013
Stonebridge Acquisition Sponsor Llc 10 percent owner 1104 LINNEA LN., SOUTHLAKE TX 76092
Prabhu Antony director, officer: CFO, President and Director 1104 LINNEA LN, SOUTHLAKE TX 76092
Richard B Saldanha director 1104 LINNEA LN, SOUTHLAKE TX 76092
Naresh Kothari director 1104 LINNEA LN, SOUTHLAKE TX 76092
Shamla Naidoo director 1104 LINNEA LN, SOUTHLAKE TX 76092
Bhargava Marepally director, officer: CEO and Director 1104 LINNEA LN, SOUTHLAKE TX 76092
Bp Spac Sponsor Llc 10 percent owner 1104 LINNEA LN, SOUTHLAKE TX 76092

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