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Avanti Acquisition (Avanti Acquisition) ROCE % : -0.13% (As of Jun. 2022)


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What is Avanti Acquisition 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. Avanti Acquisition's annualized ROCE % for the quarter that ended in Jun. 2022 was -0.13%.

Avanti Acquisition ROCE % Historical Data

The historical data trend for Avanti 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.

Avanti Acquisition ROCE % Chart

Avanti Acquisition Annual Data
Trend Dec20 Dec21
ROCE %
- -0.22

Avanti Acquisition Quarterly Data
Jul20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROCE % Get a 7-Day Free Trial -0.20 -0.18 -0.24 -0.26 -0.13

Avanti Acquisition ROCE % Calculation

Avanti 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 )
=-1.339/( ( (601.224 - 0.005) + (600.489 - 0.571) )/ 2 )
=-1.339/( (601.219+599.918)/ 2 )
=-1.339/600.5685
=-0.22 %

Avanti 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 )
=-0.76/( ( (600.63 - 1.053) + (601.249 - 0.924) )/ 2 )
=-0.76/( ( 599.577 + 600.325 )/ 2 )
=-0.76/599.951
=-0.13 %

(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.

Avanti Acquisition  (NYSE:AVAN) 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.

Avanti Acquisition ROCE % Related Terms

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Avanti Acquisition (Avanti Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Avanti Acquisition Corp (NYSE:AVAN) » Definitions » ROCE %
Comparable Companies
EOCW BTWN BOAC HIII ETAC GOAC APSG LMACA SCOA LGAC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
Boundary Hall, Cricket Square, PO Box 1093, Grand Cayman, CYM, KY1-1102
Website
https://www.avanti-acquisition.com
Avanti Acquisition Corp is a blank check company.
Executives
Nassef Sawiris director, officer: Chief Executive Officer 3 NESSIM STREET, CAIRO H2 NOT APPLIC
Roberto Mignone director C/O BRIDGER MANAGEMENT, LLC., 90 PARK AVENUE, 40TH FL., NEW YORK NY 10016
Acquisition Scsp Avanti 10 percent owner C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVENUE #204, NEWARK DE 19711
Brent Hoberman director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVENUE #204, NEWARK DE 19711
Johann Dumas officer: Chief Financial Officer C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVENUE #204, NEWARK DE 19711
Hall Colin Michael director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVENUE #204, NEWARK DE 19711
Sophie Krishnan director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVENUE #204, NEWARK DE 19711