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L Catterton Asia Acquisition (L Catterton Asia Acquisition) EBIT : $-6.04 Mil (TTM As of Sep. 2023)


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What is L Catterton Asia Acquisition EBIT?

L Catterton Asia Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-1.16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-6.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. L Catterton Asia Acquisition's annualized ROC % for the quarter that ended in Sep. 2023 was -2.02%. L Catterton Asia 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. L Catterton Asia Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -1.54%.


L Catterton Asia Acquisition EBIT Historical Data

The historical data trend for L Catterton Asia 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.

L Catterton Asia Acquisition EBIT Chart

L Catterton Asia Acquisition Annual Data
Trend Dec21 Dec22
EBIT
-1.06 -4.57

L Catterton Asia Acquisition Quarterly Data
Jan21 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 -1.68 -1.37 -2.71 -0.81 -1.16

Competitive Comparison of L Catterton Asia Acquisition's EBIT

For the Shell Companies subindustry, L Catterton Asia 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.


L Catterton Asia Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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



L Catterton Asia 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 $-6.04 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.


L Catterton Asia Acquisition  (NAS:LCAA) EBIT Explanation

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

L Catterton Asia 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 )
=-4.62 * ( 1 - 0% )/( (227.333 + 231.012)/ 2 )
=-4.62/229.1725
=-2.02 %

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:

L Catterton Asia 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 )
=-4.62/( ( (0 + max(-8.646, 0)) + (0 + max(-10.791, 0)) )/ 2 )
=-4.62/( ( 0 + 0 )/ 2 )
=-4.62/0
= %

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 + 0.119) - (8.765 + 0 + 0)
=-8.646

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.024) - (10.815 + 0 + 0)
=-10.791

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-6.037/391.061
=-1.54 %

* 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.


L Catterton Asia Acquisition EBIT Related Terms

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L Catterton Asia Acquisition (L Catterton Asia Acquisition) Business Description

Traded in Other Exchanges
Address
8 Marina View, Asia Square Tower 1, No. 41-03, Singapore, SGP, 018960
L Catterton Asia Acquisition Corp is a blank check company.
Executives
Sanford M Litvack director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER, PALO ALTO CA 94304
John Sculley director C/O KALEIDO BIOSCIENCES, INC., 65 HAYDEN AVENUE, LEXINGTON MA 02421
Frank N Newman director 980 FIFTH AVENUE, 3B, NEW YORK NY 10075
Anish Melwani director C/O L CATTERTON ASIA ACQUISITION CORP, 8 MARINA VIEW, ASIA SQ TOWER 1, #41-3, SINGAPORE U0 018960
Howard Steyn director, officer: President C/O L CATTERTON ASIA ACQUISITION CORP, 8 MARINA VIEW, ASIA SQ TOWER 1, #41-3, SINGAPORE U0 018960
Scott Chen director, officer: Co-CEO and Director C/O L CATTERTON ASIA ACQUISITION CORP, 8 MARINA VIEW, ASIA SQ TOWER 1, #41-3, SINGAPORE U0 018960
Chinta Bhagat director, officer: Co-CEO and Chairman C/O L CATTERTON ASIA ACQUISITION CORP, 8 MARINA VIEW, ASIA SQ TOWER 1, #41-3, SINGAPORE U0 018960
Lca Acquisition Sponsor, Lp 10 percent owner 8 MARINA VIEW, ASIA SQUARE TOWER 1, #41-03, SINGAPORE U0 018960