Future Health ESG (Future Health ESG) EBIT : $-0.68 Mil (TTM As of Dec. 2023)

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What is Future Health ESG EBIT?

Future Health ESG's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.68 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Future Health ESG's annualized ROC % for the quarter that ended in Dec. 2023 was -12.22%. Future Health ESG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Future Health ESG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.04%.

Future Health ESG EBIT Historical Data

The historical data trend for Future Health ESG'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.

Future Health ESG EBIT Chart

Future Health ESG Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-2.41

-0.68

Future Health ESG Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial							-0.52	-0.25	-0.11	-0.11	-0.22

Competitive Comparison of Future Health ESG's EBIT

For the Shell Companies subindustry, Future Health ESG'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.

Future Health ESG's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Future Health ESG's EV-to-EBIT falls into.

Future Health ESG 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.68 Mil.

Future Health ESG (NAS:FHLT) EBIT Explanation

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

Future Health ESG's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-0.86 * ( 1 - -141.67% )	/	( (16.913	+	17.102)	/ 2 )
=	-2.078362	/	17.0075
=	-12.22 %

where

	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	))
=	17.215	-	1.262	-	( 0.258	-	max(0, 1.262	-	0.302	+	0.258	))
=	16.913

	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	))
=	17.229	-	8.441	-	( 0.12	-	max(0, 8.441	-	0.127	+	0.12	))
=	17.102

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

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

Future Health ESG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.86	/	( ( (0 + max(-1.218, 0))	+	(0 + max(-8.434, 0)) )	/	2 )
=	-0.86	/	( ( 0	+	0 )	/	2 )
=	-0.86	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.044)	-	(1.262	+	0	+	0)
=	-1.218

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.007)	-	(8.441	+	0	+	0)
=	-8.434

When net working capital is negative, 0 is used.

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

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

Future Health ESG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-0.678	/	64.944
	=	-1.04 %

Future Health ESG EBIT Related Terms

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Future Health ESG (Future Health ESG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Future Health ESG Corp (NAS:FHLT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 The Green, Suite 12081, Dover, DE, USA, 19901

Website

https://www.fhesg.com

Future Health ESG Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Snyderman Nancy Lynn Md	director	37 PHEASANT HILL ROAD, PRINCETON NJ 08540
Bradley Bostic	director, 10 percent owner, officer: Chief Executive Officer	8556 OAKMONT LANE, INDIANAPOLIS IN 46260
Future Health Esg Associates 1, Llc	10 percent owner	6100 TECHNOLOGY CENTER DR., INDIANAPOLIS IN 46278
Francis John Mills	director	8 THE GREEN, SUITE #12081, DOVER DE 19901
Travis A Morgan	director, 10 percent owner, officer: CFO and Secretary	8 THE GREEN, SUITE #12081, DOVER DE 19901
Robert Mark Lubbers	director	8 THE GREEN, SUITE #12081, DOVER DE 19901
Mb Equity, Llc	10 percent owner	6100 TECHNOLOGY CENTER DRIVE, INDIANAPOLIS IN 46278

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