Deep Lake Capital Acquisition (Deep Lake Capital Acquisition) ROCE % : -0.42% (As of Sep. 2022)

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What is Deep Lake Capital Acquisition 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. Deep Lake Capital Acquisition's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.42%.

Deep Lake Capital Acquisition ROCE % Historical Data

The historical data trend for Deep Lake Capital Acquisition'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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Deep Lake Capital Acquisition ROCE % Chart

Deep Lake Capital Acquisition Annual Data

Trend

Dec20

Dec21

ROCE %

-1.28

Deep Lake Capital Acquisition Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial			-0.53	-0.33	-0.63	-0.45	-0.42

Deep Lake Capital Acquisition ROCE % Calculation

Deep Lake Capital Acquisition'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 )
	=	-1.32	/	( ( (0.381 - 0.473)	+	(209.18 - 2.39) )	/ 2 )
	=	-1.32	/	( (-0.092	+	206.79)	/ 2 )
	=	-1.32	/	103.349
	=	-1.28 %

Deep Lake Capital Acquisition'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 )
	=	-0.86	/	( ( (209.136 - 2.587)	+	(210.037 - 2.698) )	/ 2 )
	=	-0.86	/	( ( 206.549	+	207.339 )	/ 2 )
	=	-0.86	/	206.944
	=	-0.42 %

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

Deep Lake Capital Acquisition (NAS:DLCAW) 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.

Deep Lake Capital Acquisition ROCE % Related Terms

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Deep Lake Capital Acquisition (Deep Lake Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Deep Lake Capital Acquisition Corp (NAS:DLCAW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

930 Tahoe Boulevard, Suite 802, PMB 381, Incline Village, NV, USA, 89451

Website

Deep Lake Capital Acquisition Corp is a blank check company.

Deep Lake Capital Acquisition (Deep Lake Capital Acquisition) Headlines

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Deep Lake Capital Acquisition Corp. Announces It Will Redeem Its Public Shares

By Business Wire Business Wire • 01-03-2023

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By Business Wire Business Wire • 03-03-2021