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Priveterra Acquisition II (Priveterra Acquisition II) EBIT : $-10.13 Mil (TTM As of Sep. 2023)


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What is Priveterra Acquisition II EBIT?

Priveterra Acquisition II's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-1.74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-10.13 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Priveterra Acquisition II's annualized ROC % for the quarter that ended in Sep. 2023 was -19.81%. Priveterra Acquisition 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. Priveterra Acquisition II's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -10.18%.

Priveterra Acquisition II EBIT Historical Data

The historical data trend for Priveterra Acquisition 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.

Priveterra Acquisition II EBIT Chart

Priveterra Acquisition II Annual Data
Trend Dec20 Dec21 Dec22
EBIT
- -1.78 -3.91

Priveterra Acquisition II Quarterly Data
Aug20 Dec20 Mar21 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 Premium Member Only Premium Member Only -0.48 -12.70 -0.69 5.01 -1.74

Competitive Comparison of Priveterra Acquisition II's EBIT

For the Shell Companies subindustry, Priveterra Acquisition 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.

Priveterra Acquisition II's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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


Priveterra Acquisition 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 $-10.13 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.

Priveterra Acquisition II  (NAS:PMGM) EBIT Explanation

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

Priveterra Acquisition 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 )
=-5.22 * ( 1 - -3.2% )/( (32.771 + 21.616)/ 2 )
=-5.38704/27.1935
=-19.81 %

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))
=31.405 - 1.691 - ( 0 - max(0, 3.124 - 0.067+0))
=32.771

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))
=21.046 - 2.675 - ( 0.037 - max(0, 3.3 - 0.055+0.037))
=21.616

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

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

Priveterra Acquisition 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 )
=-6.964/( ( (0 + max(-1.624, 0)) + (0 + max(-2.657, 0)) )/ 2 )
=-6.964/( ( 0 + 0 )/ 2 )
=-6.964/0
= %

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 + 0.067) - (1.691 + 0 + 0)
=-1.624

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.018) - (2.675 + 0 + 0)
=-2.657

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-10.125/99.482
=-10.18 %

* 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.

Priveterra Acquisition II EBIT Related Terms

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Priveterra Acquisition II (Priveterra Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Priveterra Acquisition Corp II (NAS:PMGM) » Definitions » EBIT
Comparable Companies
ADEX MSSA VII IMAQ BLAC FSRX ATMC NBST RWOD LATG PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
PMGMU:USA
Address
501 Madison Avenue, 5th Floor, New York, NY, USA, 10019
Website
https://www.tastemakeracq.com
Priveterra Acquisition Corp II is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
David Pace director, 10 percent owner, officer: Co-Chief Executive Officer
Richard L Federico director
Andrew R Heyer director 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Starlette B Johnson director
Carl Andrew Pforzheimer director, 10 percent owner, officer: Co-Chief Executive Officer C/O US FOODS HOLDING CORP., 9399 W. HIGGINS RD., ROSEMONT IL 60018
Christopher Bradley officer: CFO and Secretary 650 5TH AVENUE, FLOOR 10, NEW YORK NY 10019
Tastemaker Sponsor Llc 10 percent owner 650 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10019
Hal Rosser director 650 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10019
Gregory Golkin director, 10 percent owner, officer: President 650 FIFTH AVENUE 10TH FLO, NEW YORK NY 10019