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Carney Technology Acquisition II (Carney Technology Acquisition II) ROCE % : -0.28% (As of Sep. 2022)


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What is Carney Technology Acquisition II 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. Carney Technology Acquisition II's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.28%.

Carney Technology Acquisition II ROCE % Historical Data

The historical data trend for Carney Technology Acquisition II'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.

* Premium members only.

Carney Technology Acquisition II ROCE % Chart

Carney Technology Acquisition II Annual Data
Trend Dec20 Dec21
ROCE %
- -0.34

Carney Technology Acquisition II Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial Premium Member Only -0.31 -0.45 -0.27 -0.31 -0.28

Carney Technology Acquisition II ROCE % Calculation

Carney Technology Acquisition II's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-1.355/( ( (404.043 - 0.091) + (402.967 - 0.266) )/ 2 )
=-1.355/( (403.952+402.701)/ 2 )
=-1.355/403.3265
=-0.34 %

Carney Technology Acquisition II's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-1.116/( ( (403.28 - 0.331) + (404.869 - 0.965) )/ 2 )
=-1.116/( ( 402.949 + 403.904 )/ 2 )
=-1.116/403.4265
=-0.28 %

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

Carney Technology Acquisition II  (NAS:CTAQU) 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.

Carney Technology Acquisition II ROCE % Related Terms

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Carney Technology Acquisition II (Carney Technology Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Carney Technology Acquisition Corp II (NAS:CTAQU) » Definitions » ROCE %
Comparable Companies
EPHY OHPA PDOT JOFF VGII AGAC FINM HHLA SNRH UNEX GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
630 Ramona Street, Palo Alto, CA, USA, 94301
Website
Carney Technology Acquisition Corp II is a blank check company.
Executives
Lloyd Carney officer: Chief Acquisition Officer C/O MICROMUSE INC, 139 TOWNSEND ST, SAN FRANCISCO CA 94107
Steven C. Fletcher 10 percent owner C/O LEE ENTERPRISES, INCORPORATED, 4600 EAST 53RD STREET, DAVENPORT IA 52807
David Earle Roberson director, officer: CEO, CFO & COB
Carol Goode director SAIC, 12010 SUNSET HILLS RD, RESTON VA 20190
Explorer Parent Llc 10 percent owner 533 AIRPORT BOULEVARD, SUITE 400, BURLINGAME CA 94012
Founder Holdings Llc 10 percent owner 533 AIRPORT BOULEVARD, SUITE 400, BURLINGAME CA 94012
Alex Serge Vieux 10 percent owner C/O COMPUTER ASSOCIATES INTER INC, ONE COMPUTER ASSOC PLAZA, ISLANDIA NY 11749
Robert S Ferrell director 5924 CRANBROOK WAY, STE 101, NAPLES FL 34112
Ellen Odonnell director 139 TOWNSEND STREET, SAN FRANCISCO CA 94107
Gale E. England director, officer: President and Director 130 HOLGER WAY, SAN JOSE CA 95134
Carney Technology Sponsor Ii Llc 10 percent owner 533 AIRPORT BLVD SUITE 400, BURLINGAME CA 94010