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Mosaic Acquisition (Mosaic Acquisition) ROCE % : -0.75% (As of Sep. 2019)


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What is Mosaic 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. Mosaic Acquisition's annualized ROCE % for the quarter that ended in Sep. 2019 was -0.75%.


Mosaic Acquisition ROCE % Historical Data

The historical data trend for Mosaic 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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Mosaic Acquisition ROCE % Chart

Mosaic Acquisition Annual Data
Trend Dec17 Dec18
ROCE %
- -0.25

Mosaic Acquisition Quarterly Data
Aug17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
ROCE % Get a 7-Day Free Trial -0.18 -0.41 -0.28 -0.25 -0.75

Mosaic Acquisition ROCE % Calculation

Mosaic Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=-0.877/( ( (346.222 - 0.142) + (351.443 - 0.096) )/ 2 )
=-0.877/( (346.08+351.347)/ 2 )
=-0.877/348.7135
=-0.25 %

Mosaic Acquisition's ROCE % of for the quarter that ended in Sep. 2019 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=-2.664/( ( (354.357 - 0.156) + (355.112 - 0.197) )/ 2 )
=-2.664/( ( 354.201 + 354.915 )/ 2 )
=-2.664/354.558
=-0.75 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2019) 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.


Mosaic Acquisition  (NYSE:MOSC) 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.


Mosaic Acquisition ROCE % Related Terms

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Mosaic Acquisition (Mosaic Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
375 Park Avenue, New York, NY, USA, 10152
Mosaic Acquisition Corp is a blank check company.

Mosaic Acquisition (Mosaic Acquisition) Headlines