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FTVI (FinTech Acquisition VI) ROCE % : -0.46% (As of Sep. 2022)


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What is FinTech Acquisition VI 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. FinTech Acquisition VI's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.46%.

FinTech Acquisition VI ROCE % Historical Data

The historical data trend for FinTech Acquisition VI'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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FinTech Acquisition VI ROCE % Chart

FinTech Acquisition VI Annual Data
Trend Dec21
ROCE %
-0.46

FinTech Acquisition VI Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial -0.64 -1.05 -1.70 -0.72 -0.46

FinTech Acquisition VI ROCE % Calculation

FinTech Acquisition VI's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: . 20 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: . 20 )(A: Dec. 2021 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

FinTech Acquisition VI's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-1.14/( ( (250.932 - 1.279) + (251.668 - 1.383) )/ 2 )
=-1.14/( ( 249.653 + 250.285 )/ 2 )
=-1.14/249.969
=-0.46 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) 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.

FinTech Acquisition VI  (NAS:FTVI) 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.

FinTech Acquisition VI ROCE % Related Terms

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FinTech Acquisition VI Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FinTech Acquisition Corp VI (NAS:FTVI) » Definitions » ROCE %
Comparable Companies
CNDA PICC EMLD FTPA EAC NVSA ATVC PMGM FTCV BACA GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2929 Arch Street,, Suite 1703, Philadelphia, PA, USA, 19104-2870
Website
FinTech Acquisition Corp VI 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.
Executives
Daniel G Cohen officer: Chief Executive Officer 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Douglas Listman officer: Chief Financial Officer 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Mcentee James J Iii officer: President and Secretary 405 SILVERSIDE ROAD, WILMINGTON DE 19809
Betsy Z Cohen director
Mona Aboelnaga director 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Ellen Warren director 311 ROUSER ROAD, MOON TOWNSHIP PA 15108
Madelyn Antoncic director 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Fintech Masala, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Fintech Masala Holdings, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Laura Kohn director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Fintech Acquisition Corp V 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Fintech Masala Advisors Vi Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Fintech Investor Holdings Vi Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Cohen Sponsor Interests Vi, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104