Northern Star Investment II (Northern Star Investment II) EBIT : $-0.75 Mil (TTM As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Northern Star Investment II EBIT?

Northern Star Investment II's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.15 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.75 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Northern Star Investment II's annualized ROC % for the quarter that ended in Sep. 2023 was -4.81%. Northern Star Investment II'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. Northern Star Investment II's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -202.72%.

Northern Star Investment II EBIT Historical Data

The historical data trend for Northern Star Investment II'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.

Northern Star Investment II EBIT Chart

Northern Star Investment II Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

-2.99

-0.88

Northern Star Investment II Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial							-0.16	-0.32	-0.15	-0.13	-0.15

Competitive Comparison of Northern Star Investment II's EBIT

For the Shell Companies subindustry, Northern Star Investment II'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.

Northern Star Investment II's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Northern Star Investment II's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Northern Star Investment II's EV-to-EBIT falls into.

Northern Star Investment II 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 $-0.75 Mil.

Northern Star Investment II (OTCPK:NSTB) EBIT Explanation

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

Northern Star Investment II'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 )
=	-0.6 * ( 1 - -55.81% )	/	( (21.71	+	17.189)	/ 2 )
=	-0.93486	/	19.4495
=	-4.81 %

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	))
=	21.518	-	2.328	-	( 0.186	-	max(0, 2.749	-	0.229	+	0.186	))
=	21.71

	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	))
=	16.854	-	2.307	-	( 0.065	-	max(0, 2.728	-	0.086	+	0.065	))
=	17.189

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

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

Northern Star Investment II'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 )
=	-0.6	/	( ( (0 + max(-2.285, 0))	+	(0 + max(-2.286, 0)) )	/	2 )
=	-0.6	/	( ( 0	+	0 )	/	2 )
=	-0.6	/	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	+	0.043)	-	(2.328	+	0	+	4.4408920985006E-16)
=	-2.285

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.021)	-	(2.307	+	0	+	4.4408920985006E-16)
=	-2.286

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:

Northern Star Investment II's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-0.746	/	0.368
	=	-202.72 %

Northern Star Investment II EBIT Related Terms

Thank you for viewing the detailed overview of Northern Star Investment II's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Northern Star Investment II (Northern Star Investment II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Northern Star Investment Corp II (OTCPK:NSTB) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

NSTB.U:USA

Address

c/o Graubard Miller, The Chrysler Building, 405 Lexington Avenue, 11th Floor, New York, NY, USA, 10174

Website

https://www.northernstaric2.com

Northern Star Investment Corp II is a blank check company established the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

Executives

Jonathan J Ledecky	10 percent owner, officer: President, COO	C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Joanna Coles	director, 10 percent owner, officer: Chief Executive Officer	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Northern Star Ii Sponsor Llc	10 percent owner	C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Arena Short Duration High Yield Fund, Lp - Series A	10 percent owner	12121 WILSHIRE BLVD., SUITE 1010, LOS ANGELES CA 90025
Arena Capital Fund, L.p.- Series 3	10 percent owner	12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025
Arena Capital Advisors, Llc- Ca	10 percent owner	12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025
Kristen Green	director	1617 SIXTH AVE, SEATTLE WA 98101
James Hr Brady	officer: Chief Financial Officer	1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
Maryann Turcke	director	C/O NORTHERN STAR INVESTMENT CORP. II, 405 LEXINGTON AVENUE, NEW YORK NY 10174
David Shapiro	director	5680 A WEST CYPRESS STREET, TAMPA FL 33607