XPDBW (Power & Digital Infrastructure Acquisition II) ROCE % : -3.86% (As of Dec. 2023)

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What is Power & Digital Infrastructure Acquisition II 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. Power & Digital Infrastructure Acquisition II's annualized ROCE % for the quarter that ended in Dec. 2023 was -3.86%.

Power & Digital Infrastructure Acquisition II ROCE % Historical Data

The historical data trend for Power & Digital Infrastructure Acquisition II'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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Power & Digital Infrastructure Acquisition II ROCE % Chart

Power & Digital Infrastructure Acquisition II Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-0.46

-3.17

Power & Digital Infrastructure Acquisition II Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							-0.41	-1.90	-5.61	-4.22	-3.86

Power & Digital Infrastructure Acquisition II ROCE % Calculation

Power & Digital Infrastructure Acquisition II'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 )
	=	-6.33	/	( ( (295.968 - 1.802)	+	(114.701 - 9.511) )	/ 2 )
	=	-6.33	/	( (294.166	+	105.19)	/ 2 )
	=	-6.33	/	199.678
	=	-3.17 %

Power & Digital Infrastructure Acquisition II'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 )
	=	-4.056	/	( ( (113.418 - 8.274)	+	(114.701 - 9.511) )	/ 2 )
	=	-4.056	/	( ( 105.144	+	105.19 )	/ 2 )
	=	-4.056	/	105.167
	=	-3.86 %

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

Power & Digital Infrastructure Acquisition II (NAS:XPDBW) 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.

Power & Digital Infrastructure Acquisition II ROCE % Related Terms

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