Pioneer Merger (Pioneer Merger) ROCE % : -0.16% (As of Sep. 2022)

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What is Pioneer Merger 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. Pioneer Merger's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.16%.

Pioneer Merger ROCE % Historical Data

The historical data trend for Pioneer Merger'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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Pioneer Merger ROCE % Chart

Pioneer Merger Annual Data

Trend

Dec20

Dec21

ROCE %

-3.15

Pioneer Merger Quarterly Data
	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial			-4.30	-0.92	-0.29	-0.54	-0.16

Pioneer Merger ROCE % Calculation

Pioneer Merger'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 )
	=	-6.26	/	( ( (0.518 - 0.528)	+	(403.004 - 5.381) )	/ 2 )
	=	-6.26	/	( (-0.01	+	397.623)	/ 2 )
	=	-6.26	/	198.8065
	=	-3.15 %

Pioneer Merger'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 )
	=	-0.656	/	( ( (415.592 - 0.845)	+	(417.202 - 0.838) )	/ 2 )
	=	-0.656	/	( ( 414.747	+	416.364 )	/ 2 )
	=	-0.656	/	415.5555
	=	-0.16 %

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

Pioneer Merger (NAS:PACXU) 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.

Pioneer Merger ROCE % Related Terms

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Pioneer Merger (Pioneer Merger) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pioneer Merger Corp (NAS:PACXU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

660 Madison Avenue, 19th Floor, New York, NY, USA, 10065

Website

http://www.pioneermerger.com

Pioneer Merger Corp is a blank check company.

Executives

Falcon Edge Capital, Lp	10 percent owner	667 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Rick Matthew Gerson	officer: Co-President	70 GREENE STREET, APT. PH, NEW YORK NY 10012
Jonathan Christodoro	director, officer: Chairman	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Mitchell H Caplan	director	4500 BOHANNON DRIVE, MENLO PARK CA 94025
Richard Todd Davis	director	C/O LIFELOCK, INC., 60 EAST RIO SALADO PARKWAY, SUITE 400, TEMPE AZ 85281
Pioneer Merger Sponsor Llc	10 percent owner	C/O FALCON EDGE CAPITAL, 660 MADISON AVENUE, NEW YORK NY 10065
Ryan Khoury	officer: Chief Executive Officer	C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Oscar Salazar	director, officer: Co-President	C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Cathy Ann Weist	officer: General Counsel and Secretary	C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Matthew Corey	officer: Chief Financial Officer	C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Scott Christopher Carpenter	officer: Chief Operating Officer	C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065