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Anthemis Digital Acquisitions I (Anthemis Digital Acquisitions I) ROCE % : -0.47% (As of Dec. 2022)


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What is Anthemis Digital Acquisitions I ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Anthemis Digital Acquisitions I's annualized ROCE % for the quarter that ended in Dec. 2022 was -0.47%.

Anthemis Digital Acquisitions I ROCE % Historical Data

The historical data trend for Anthemis Digital Acquisitions I's ROCE % 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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Anthemis Digital Acquisitions I ROCE % Chart

Anthemis Digital Acquisitions I Annual Data
Trend Dec21 Dec22
ROCE %
- -0.40

Anthemis Digital Acquisitions I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
ROCE % Get a 7-Day Free Trial - -0.36 -0.45 -0.34 -0.47

Anthemis Digital Acquisitions I ROCE % Calculation

Anthemis Digital Acquisitions I's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-0.956/( ( (236.216 - 0.059) + (238.656 - 0.017) )/ 2 )
=-0.956/( (236.157+238.639)/ 2 )
=-0.956/237.398
=-0.40 %

Anthemis Digital Acquisitions I's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=-1.128/( ( (236.93 - 0.034) + (238.656 - 0.017) )/ 2 )
=-1.128/( ( 236.896 + 238.639 )/ 2 )
=-1.128/237.7675
=-0.47 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

* 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.

Anthemis Digital Acquisitions I  (NAS:ADALU) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Anthemis Digital Acquisitions I ROCE % Related Terms

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Anthemis Digital Acquisitions I (Anthemis Digital Acquisitions I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Anthemis Digital Acquisitions I Corp (NAS:ADALU) » Definitions » ROCE %
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Traded in Other Exchanges
N/A
Address
122 Hudson Street, 3rd Floor, New York, NY, USA, 10013
Website
https://www.anthemisdigitalacquisitions.com
Anthemis Digital Acquisitions I Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.