Metal Sky Star Acquisition (Metal Sky Star Acquisition) EBIT : $-0.72 Mil (TTM As of Sep. 2023)

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What is Metal Sky Star Acquisition EBIT?

Metal Sky Star Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Metal Sky Star Acquisition's annualized ROC % for the quarter that ended in Sep. 2023 was -0.74%. Metal Sky Star Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -0.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Metal Sky Star Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -0.96%.

Metal Sky Star Acquisition EBIT Historical Data

The historical data trend for Metal Sky Star 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.

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Metal Sky Star Acquisition EBIT Chart

Metal Sky Star Acquisition Annual Data

Trend

Dec21

Dec22

EBIT

-0.40

Metal Sky Star Acquisition Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial				-0.11	-0.12	-0.26	-0.22	-0.11

Competitive Comparison of Metal Sky Star Acquisition's EBIT

For the Shell Companies subindustry, Metal Sky Star 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.

Metal Sky Star Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Metal Sky Star 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 $-0.72 Mil.

Metal Sky Star Acquisition (NAS:MSSA) EBIT Explanation

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

Metal Sky Star 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 )
=	-0.444 * ( 1 - 0% )	/	( (59.204	+	60.507)	/ 2 )
=	-0.444	/	59.8555
=	-0.74 %

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	))
=	59.495	-	0.291	-	( 0	-	max(0, 4.652	-	59.495	+	0	))
=	59.204

	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	))
=	60.81	-	0.303	-	( 0	-	max(0, 5.304	-	60.81	+	0	))
=	60.507

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

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

Metal Sky Star 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 )
=	-0.444	/	( ( (0 + max(56.329, 0))	+	(0 + max(57.632, 0)) )	/	2 )
=	-0.444	/	( ( 56.329	+	57.632 )	/	2 )
=	-0.444	/	56.9805
=	-0.78 %

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	+	59.495)	-	(0.291	+	2.875	+	0)
=	56.329

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	60.81)	-	(0.303	+	2.875	+	0)
=	57.632

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-0.715	/	74.658
	=	-0.96 %

Metal Sky Star Acquisition EBIT Related Terms

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Metal Sky Star Acquisition (Metal Sky Star Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Metal Sky Star Acquisition Corp (NAS:MSSA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

132 West 31st Street, First Floor, New York, NY, USA, 10001

Website

Metal Sky Star Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Xinghua Fan	director	132 WEST 31ST STREET, 1ST FLOOR, NEW YORK NY 10001
Man Chak Leung	director, 10 percent owner, officer: CEO and Director	132 WEST 31ST STREET, 1ST FLOOR, NEW YORK NY 10001
Zining Jiang	director	132, 1ST FLOOR, NEW YORK NY 10001
Zhou Wang	director	132 WEST 31ST STREET, 1ST FLOOR, NEW YORK NY 10001
M-star Management Corp	10 percent owner	132 W 31ST STREET, 1ST FLOOR, NEW YORK NY 10001
Wenxi He	officer: Chief Financial Officer	FLAT 76 WESTMINSTER GARDENS, MARSHAM STREET, LONDON X0 SW1P4JG