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Kismet Acquisition Three (Kismet Acquisition Three) ROCE % : -0.23% (As of Mar. 2022)


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What is Kismet Acquisition Three 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. Kismet Acquisition Three's annualized ROCE % for the quarter that ended in Mar. 2022 was -0.23%.

Kismet Acquisition Three ROCE % Historical Data

The historical data trend for Kismet Acquisition Three'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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Kismet Acquisition Three ROCE % Chart

Kismet Acquisition Three Annual Data
Trend Dec20 Dec21
ROCE %
- -1.74

Kismet Acquisition Three Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
ROCE % Get a 7-Day Free Trial -0.22 -1.64 -0.62 -1.11 -0.23

Kismet Acquisition Three ROCE % Calculation

Kismet Acquisition Three'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 )
=-2.501/( ( (0.113 - 0.101) + (288.226 - 1.4) )/ 2 )
=-2.501/( (0.012+286.826)/ 2 )
=-2.501/143.419
=-1.74 %

Kismet Acquisition Three's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=-0.66/( ( (288.226 - 1.4) + (288.045 - 1.468) )/ 2 )
=-0.66/( ( 286.826 + 286.577 )/ 2 )
=-0.66/286.7015
=-0.23 %

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

Kismet Acquisition Three  (OTCPK:KIIIU) 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.

Kismet Acquisition Three ROCE % Related Terms

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Kismet Acquisition Three (Kismet Acquisition Three) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Kismet Acquisition Three Corp (OTCPK:KIIIU) » Definitions » ROCE %
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Traded in Other Exchanges
N/A
Address
850 Library Avenue, Suite 204, Newark, DE, USA, 19715
Website
Kismet Acquisition Three Corp is a blank check company.
Executives
Ivan Tavrin director, 10 percent owner, officer: Chairman and CEO C/O KISMET ACQUISITION ONE CORP, 9 BUILDING B, LESNAYA STREET, MOSCOW 1Z 125196
Clifford Tompsett director C/O KISMET ACQUISITION ONE CORP, 9 BUILDING B, LESNAYA STREET, MOSCOW 1Z 125196
Kismet Sponsor Ltd 10 percent owner 3RD FLOOR, YARMRAJ BUILDING, MARKET SQ, P.O. BOX 3175, ROAD TOWN, TORTOLA D8 VG1110
Ross Lukatsevich director C/O KISMET ACQUISITION THREE CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19715
Martin Avetisyan director C/O KISMET ACQUISITION THREE CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19715