GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Semper Paratus Acquisition Corp (NAS:LGST) » Definitions » EBIT

Semper Paratus Acquisition (Semper Paratus Acquisition) EBIT : $-1.84 Mil (TTM As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Semper Paratus Acquisition EBIT?

Semper Paratus Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Semper Paratus Acquisition's annualized ROC % for the quarter that ended in Sep. 2023 was -9.16%. Semper Paratus 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. Semper Paratus Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -2.72%.

Semper Paratus Acquisition EBIT Historical Data

The historical data trend for Semper Paratus 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.

Semper Paratus Acquisition EBIT Chart

Semper Paratus Acquisition Annual Data
Trend Dec21 Dec22
EBIT
- -0.95

Semper Paratus Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.20 -0.21 -0.49 -0.53 -0.61

Competitive Comparison of Semper Paratus Acquisition's EBIT

For the Shell Companies subindustry, Semper Paratus 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.

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

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

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


Semper Paratus 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 $-1.84 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.

Semper Paratus Acquisition  (NAS:LGST) EBIT Explanation

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

Semper Paratus 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 )
=-2.424 * ( 1 - 0% )/( (26.302 + 26.637)/ 2 )
=-2.424/26.4695
=-9.16 %

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))
=26.375 - 0.895 - ( 0.556 - max(0, 1.521 - 0.699+0.556))
=26.302

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))
=26.41 - 1.201 - ( 0.348 - max(0, 1.827 - 0.399+0.348))
=26.637

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

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

Semper Paratus 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 )
=-2.424/( ( (0 + max(-0.752, 0)) + (0 + max(-1.15, 0)) )/ 2 )
=-2.424/( ( 0 + 0 )/ 2 )
=-2.424/0
= %

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 + 0.143) - (0.895 + 0 + 0)
=-0.752

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.051) - (1.201 + 0 + 0)
=-1.15

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-1.84/67.637
=-2.72 %

* 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.

Semper Paratus Acquisition EBIT Related Terms

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

Semper Paratus Acquisition (Semper Paratus Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Semper Paratus Acquisition Corp (NAS:LGST) » Definitions » EBIT
Comparable Companies
IFIN ACRO VAQC SUAC TRIS EVE SBXC IVCA CLIN FLME PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
767 Third Avenue, 38th Floor, New York, NY, USA, 10017
Website
https://www.semperparatusspac.com
Semper Paratus Acquisition Corp is a special purpose acquisition company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Corbin Erisa Opportunity Fund, Ltd. 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Michael L Peterson director 17 CANARY COURT, DANVILLE CA 94526
Ssvk Associates, Llc 10 percent owner 8911 REGENTS PARK DRIVE, SUITE 550, TAMPA FL 33647
Scott Harris Sussman director 616 POPPY AVE, CORONA DEL MAR CA 92625
Avinash R Wadhwani director 3 YARD COURT, FLEMINGTON NJ 08822
Donald G. Fell director 17537 DARBY LANE, LUTZ FL 33558
Surendra K Ajjarapu director, 10 percent owner, officer: CEO and Chairman 8604 BUTTON BUSH CT, TAMPA FL 33647
Knuettel Ii Francis officer: Chief Financial Officer 205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701
Corbin Capital Partners, L.p. 10 percent owner 590 MADISON AVENUE, NEW YORK NY 10022
Corbin Capital Partners Gp, Llc 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Jeff Rogers officer: President 720 SPYGLASS HILL, HOLLAND MI 49424
Semper Paratus Sponsor Llc 10 percent owner 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Philippe J Kurzweil officer: CFO & Secretary C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Parizad Olver director C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Brad Stewart director C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017