DHC Acquisition (DHC Acquisition) ROCE % : -15.44% (As of Sep. 2023)

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What is DHC 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. DHC Acquisition's annualized ROCE % for the quarter that ended in Sep. 2023 was -15.44%.

DHC Acquisition ROCE % Historical Data

The historical data trend for DHC 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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DHC Acquisition ROCE % Chart

DHC Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-1.49

-1.74

DHC Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial						-3.41	-1.07	-0.71	-5.13	-15.44

DHC Acquisition ROCE % Calculation

DHC 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 )
	=	-5.391	/	( ( (310.701 - 1.025)	+	(314.189 - 5.441) )	/ 2 )
	=	-5.391	/	( (309.676	+	308.748)	/ 2 )
	=	-5.391	/	309.212
	=	-1.74 %

DHC 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 )
	=	-6.496	/	( ( (48.7 - 6.104)	+	(49.283 - 7.737) )	/ 2 )
	=	-6.496	/	( ( 42.596	+	41.546 )	/ 2 )
	=	-6.496	/	42.071
	=	-15.44 %

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

DHC Acquisition (NAS:DHCAU) 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.

DHC Acquisition ROCE % Related Terms

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DHC Acquisition (DHC Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

DHCA:USA

Address

535 Silicon Drive, Suite 100, Southlake, TX, USA, 76092

Website

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

Executives

Richard F Dauch	director	C/O SPARTAN MOTORS INC, 1541 REYNOLDS ROAD, CHARLOTTE MI 48813
Joseph Michael Depinto	director	C/O OFFICEMAX INCORPORATED, NAPERVILLE IL 60563
Christopher Gaertner	director, 10 percent owner, officer: Co-CEO and CFO	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Thomas Jr Morgan	officer: Co-CEO	C/O DHC ACQUISITION CORP., 535 SILICON DRIVE SUITE 100, SOUTHLAKE TX 76092
Kathleen Hildreth	director	C/O DHC ACQUISITION CORP., 535 SILICON DRIVE SUITE 100, SOUTHLAKE TX 76092
Dhc Sponsor, Llc	10 percent owner	C/O DHC ACQUISITION CORP., 535 SILICON DRIVE SUITE 100, SOUTHLAKE TX 76092