Acamar Partners Acquisition (Acamar Partners Acquisition) ROCE % : -0.33% (As of Sep. 2020)

View and export this data going back to 2019. Start your Free Trial

What is Acamar Partners 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. Acamar Partners Acquisition's annualized ROCE % for the quarter that ended in Sep. 2020 was -0.33%.

Acamar Partners Acquisition ROCE % Historical Data

The historical data trend for Acamar Partners 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.

* Premium members only.

Acamar Partners Acquisition ROCE % Chart

Acamar Partners Acquisition Annual Data

Trend

Dec18

Dec19

ROCE %

-0.60

Acamar Partners Acquisition Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
ROCE %	Get a 7-Day Free Trial			-0.35	-0.35	-1.20	-0.33	-0.33

Acamar Partners Acquisition ROCE % Calculation

Acamar Partners Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	-0.933	/	( ( (0.306 - 0.284)	+	(311.658 - 0.215) )	/ 2 )
	=	-0.933	/	( (0.022	+	311.443)	/ 2 )
	=	-0.933	/	155.7325
	=	-0.60 %

Acamar Partners Acquisition's ROCE % of for the quarter that ended in Sep. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	-1.02	/	( ( (311.765 - 0.166)	+	(311.516 - 0.084) )	/ 2 )
	=	-1.02	/	( ( 311.599	+	311.432 )	/ 2 )
	=	-1.02	/	311.5155
	=	-0.33 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2020) EBIT data.

Acamar Partners Acquisition (NAS:ACAM) 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.

Acamar Partners Acquisition ROCE % Related Terms

Thank you for viewing the detailed overview of Acamar Partners Acquisition's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Acamar Partners Acquisition (Acamar Partners Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Acamar Partners Acquisition Corp (NAS:ACAM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1450 Brickell Avenue, Suite 2160, Miami, FL, USA, 33131

Website

https://www.acamarpartners.com

Acamar Partners Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.