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Liberty Media Acquisition ROCE %

: 3.06% (As of Jun. 2022)
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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. Liberty Media Acquisition's annualized ROCE % for the quarter that ended in Jun. 2022 was 3.06%.


Liberty Media Acquisition ROCE % Historical Data

The historical data trend for Liberty Media 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.

Liberty Media Acquisition Annual Data
Trend Dec20 Dec21
ROCE %
- -8.29

Liberty Media Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROCE % Premium Member Only Premium Member Only 17.32 12.49 -6.60 24.74 3.06

Liberty Media Acquisition ROCE % Calculation

Liberty Media Acquisition'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: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-23.812/( ( (0.797 - 0.774) + (576.085 - 1.41) )/ 2 )
=-23.812/( (0.023+574.675)/ 2 )
=-23.812/287.349
=-8.29 %

Liberty Media Acquisition's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=17.576/( ( (576.211 - 2.537) + (576.757 - 3.106) )/ 2 )
=17.576/( ( 573.674 + 573.651 )/ 2 )
=17.576/573.6625
=3.06 %

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


Liberty Media Acquisition  (NAS:LMACA) 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.


Liberty Media Acquisition ROCE % Related Terms

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