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Multi Solutions II (Multi Solutions II) ROIC % : -3,919,933,115,663,280,128.00% (As of Jan. 2024)


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What is Multi Solutions II ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Multi Solutions II's annualized return on invested capital (ROIC %) for the quarter that ended in Jan. 2024 was -3,919,933,115,663,280,128.00%.

As of today (2024-05-24), Multi Solutions II's WACC % is 6.13%. Multi Solutions II's ROIC % is -9999999999.99% (calculated using TTM income statement data). Multi Solutions II earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Multi Solutions II ROIC % Historical Data

The historical data trend for Multi Solutions II's ROIC % 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.

Multi Solutions II ROIC % Chart

Multi Solutions II Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -2,824,657,686,286,775,296.00

Multi Solutions II Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -3,919,933,115,663,280,128.00

Competitive Comparison of Multi Solutions II's ROIC %

For the Shell Companies subindustry, Multi Solutions II's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Multi Solutions II's ROIC % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Multi Solutions II's ROIC % distribution charts can be found below:

* The bar in red indicates where Multi Solutions II's ROIC % falls into.



Multi Solutions II ROIC % Calculation

Multi Solutions II's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Jan. 2024 is calculated as:

ROIC % (A: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jan. 2023 ) + Invested Capital (A: Jan. 2024 ))/ count )
=-0.049 * ( 1 - 0% )/( (0 + 1.7347234759768E-18)/ 2 )
=-0.049/8.673617379884E-19
=-5,649,315,372,573,550,592.00 %

where

Invested Capital(A: Jan. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.004 - 0.019 - ( 0.002 - max(0, 0.019 - 0.004+0.002))
=1.7347234759768E-18

Multi Solutions II's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Jan. 2024 is calculated as:

ROIC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-0.068 * ( 1 - 0% )/( (0 + 1.7347234759768E-18)/ 2 )
=-0.068/8.673617379884E-19
=-7,839,866,231,326,560,256.00 %

where

Invested Capital(Q: Jan. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.004 - 0.019 - ( 0.002 - max(0, 0.019 - 0.004+0.002))
=1.7347234759768E-18

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) 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.


Multi Solutions II  (OTCPK:MUSS) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Multi Solutions II's WACC % is 6.13%. Multi Solutions II's ROIC % is -9999999999.99% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Multi Solutions II ROIC % Related Terms

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Multi Solutions II (Multi Solutions II) Business Description

Traded in Other Exchanges
N/A
Address
4400 Biscayne Boulevard, 10th Floor, Miami, FL, USA, 33137
Website
Multi Solutions II Inc is a blank check company.
Executives
Vector Group Ltd 10 percent owner 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137
Robert L Frome director, 10 percent owner 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Kirkland J Bryant Iii director, officer: President and CEO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Robert M Lundgren director C/O CDSI HOLDINGS INC, 100 SE SECOND ST 32ND FL, MIAMI FL 33131
Deborah A Fasanelli officer: Secretary, Treasurer and CFO 100 SE 2ND STREET, 32ND FLOOR, MIAMI FL 33131
Michael Potter 10 percent owner 500 FIFTH AVENUE, SUITE 2240, NEW YORK NY 10110

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