Oxus Acquisition (Oxus Acquisition) ROCE % : -29.99% (As of Sep. 2023)

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What is Oxus 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. Oxus Acquisition's annualized ROCE % for the quarter that ended in Sep. 2023 was -29.99%.

Oxus Acquisition ROCE % Historical Data

The historical data trend for Oxus 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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Oxus Acquisition ROCE % Chart

Oxus Acquisition Annual Data

Trend

Dec21

Dec22

ROCE %

-1.63

Oxus Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial						-2.36	-1.69	-8.75	-16.77	-29.99

Oxus Acquisition ROCE % Calculation

Oxus Acquisition'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 )
	=	-2.887	/	( ( (177.486 - 0.235)	+	(179.45 - 2.501) )	/ 2 )
	=	-2.887	/	( (177.251	+	176.949)	/ 2 )
	=	-2.887	/	177.1
	=	-1.63 %

Oxus Acquisition's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-4.788	/	( ( (21.136 - 4.71)	+	(21.611 - 6.106) )	/ 2 )
	=	-4.788	/	( ( 16.426	+	15.505 )	/ 2 )
	=	-4.788	/	15.9655
	=	-29.99 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Oxus Acquisition (NAS:OXUSU) 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.

Oxus Acquisition ROCE % Related Terms

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Oxus Acquisition (Oxus Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Oxus Acquisition Corp (NAS:OXUSU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OXUS:USA

Address

300/26 Dostyk Avenue, Almaty, KAZ, 050020

Website

https://www.oxusacquisition.com

Oxus Acquisition Corp is a blank check company. The Company is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses.