SilverBox III (SilverBox III) EBIT : $-1.42 Mil (TTM As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is SilverBox III EBIT?

SilverBox III's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.33 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SilverBox III's annualized ROC % for the quarter that ended in Mar. 2024 was -0.70%. SilverBox III's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SilverBox III's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.78%.

SilverBox III EBIT Historical Data

The historical data trend for SilverBox III'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.

SilverBox III EBIT Chart

SilverBox III Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-0.01

-1.43

SilverBox III Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial					-0.33	-0.29	-0.28	-0.53	-0.33

Competitive Comparison of SilverBox III's EBIT

For the Shell Companies subindustry, SilverBox III'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.

SilverBox III's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where SilverBox III's EV-to-EBIT falls into.

SilverBox III 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.42 Mil.

SilverBox III (NYSE:SBXC) EBIT Explanation

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

SilverBox III's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-1.312 * ( 1 - 22.1% )	/	( (144.651	+	146.048)	/ 2 )
=	-1.022048	/	145.3495
=	-0.70 %

where

	Invested Capital		(Q: Dec. 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	))
=	145.704	-	1.537	-	( 0.79	-	max(0, 1.537	-	1.053	+	0.79	))
=	144.651

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	146.679	-	1.31	-	( 0.444	-	max(0, 1.31	-	0.631	+	0.444	))
=	146.048

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

SilverBox III's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.312	/	( ( (0 + max(-1.274, 0))	+	(0 + max(-1.123, 0)) )	/	2 )
=	-1.312	/	( ( 0	+	0 )	/	2 )
=	-1.312	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.263)	-	(1.537	+	0	+	0)
=	-1.274

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.187)	-	(1.31	+	0	+	0)
=	-1.123

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

SilverBox III's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-1.422	/	182.534
	=	-0.78 %

SilverBox III EBIT Related Terms

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

SilverBox III (SilverBox III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SilverBox Corp III (NYSE:SBXC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1250 S. Capital of Texas Highway, Building 2, Suite 285, Austin, TX, USA, 78746

Website

SilverBox Corp III is a newly incorporated blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Stephen M Kadenacy	director, 10 percent owner, officer: Chairman & Chief Exec. Officer	C/O AECOM TECHNOLOGY CORPORATION, 555 S. FLOWER STREET, SUITE 3700, LOS ANGELES CA 90071
Joseph E Reece	10 percent owner, officer: Founding Partner	ONE VALERO WAY, BUILDING D, SUITE 200, SAN ANTONIO TX 78249
Duncan D Murdoch	officer: Chief Investment Officer	532 W 22ND ST, APT 2A, NEW YORK NY 10011
Daniel E. Esters	director, officer: Chief Financial Officer	C/O BOXWOOD MERGER CORP., 1112 MONTANA AVENUE, SUITE 901, SANTA MONICA CA 90403
Richard A. Gadbois	director	C/O BOXWOOD MERGER CORP., 1112 MONTANA AVENUE, SUITE 901, SANTA MONICA CA 90403
David H. Lee	officer: General Counsel	C/O BOXWOOD MERGER CORP., 1112 MONTANA AVENUE, SUITE 901, SANTA MONICA CA 90403
Jin Chun	officer: Chief Operating Officer	SILVERBOX ENGAGED MERGER CORP. I, 8801 CALERA DR., AUSTIN TX 78735
Silverbox Engaged Sponsor Iii Llc	10 percent owner	1250 S. CAPITAL OF TEXAS HIGHWAY, BUILDING 2, SUITE 285, AUSTIN TX 78746
Juan Creixell	director	1250 S. CAPITAL OF TEXAS HIGHWAY, BUILDING 2, SUITE 285, AUSTIN TX 78746
Katie O'reilly	director	1250 S. CAPITAL OF TEXAS HIGHWAY, BUILDING 2, SUITE 285, AUSTIN TX 78746
Boxwood Holdings Ii Llc	10 percent owner	1250 S. CAPITAL OF TEXAS HIGHWAY, BUILDING 2, SUITE 285, AUSTIN TX 78746