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LAMF Global Ventures I (LAMF Global Ventures I) ROCE % : -11.64% (As of Dec. 2023)


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What is LAMF Global Ventures I 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. LAMF Global Ventures I's annualized ROCE % for the quarter that ended in Dec. 2023 was -11.64%.

LAMF Global Ventures I ROCE % Historical Data

The historical data trend for LAMF Global Ventures I'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.

LAMF Global Ventures I ROCE % Chart

LAMF Global Ventures I Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
- -0.64 -5.94

LAMF Global Ventures I Quarterly Data
Aug21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.87 -0.95 -6.30 -68.12 -11.64

LAMF Global Ventures I ROCE % Calculation

LAMF Global Ventures I's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-8.649/( ( (265.456 - 0.895) + (32.35 - 5.877) )/ 2 )
=-8.649/( (264.561+26.473)/ 2 )
=-8.649/145.517
=-5.94 %

LAMF Global Ventures I's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-3.08/( ( (31.878 - 5.427) + (32.35 - 5.877) )/ 2 )
=-3.08/( ( 26.451 + 26.473 )/ 2 )
=-3.08/26.462
=-11.64 %

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

LAMF Global Ventures I  (NAS:LGVCU) 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.

LAMF Global Ventures I ROCE % Related Terms

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LAMF Global Ventures I (LAMF Global Ventures I) Business Description

Industry
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Traded in Other Exchanges
LGVC:USA
Address
9255 Sunset Blvd, Suite 515, West Hollywood, CA, USA, 90069
Website
https://lamfglobal.com
LAMF Global Ventures Corp I 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.