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dMY Technology Group VI (dMY Technology Group VI) ROCE % : 11.75% (As of Dec. 2022)


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What is dMY Technology Group VI 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. dMY Technology Group VI's annualized ROCE % for the quarter that ended in Dec. 2022 was 11.75%.

dMY Technology Group VI ROCE % Historical Data

The historical data trend for dMY Technology Group VI'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.

dMY Technology Group VI ROCE % Chart

dMY Technology Group VI Annual Data
Trend Dec21 Dec22
ROCE %
- 9.46

dMY Technology Group VI Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
ROCE % Get a 7-Day Free Trial -47.32 -1.72 -0.50 -2.72 11.75

dMY Technology Group VI ROCE % Calculation

dMY Technology Group VI's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=22.88/( ( (242.714 - 0.378) + (245.179 - 3.984) )/ 2 )
=22.88/( (242.336+241.195)/ 2 )
=22.88/241.7655
=9.46 %

dMY Technology Group VI's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=28.368/( ( (243.257 - 1.484) + (245.179 - 3.984) )/ 2 )
=28.368/( ( 241.773 + 241.195 )/ 2 )
=28.368/241.484
=11.75 %

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

dMY Technology Group VI  (NYSE:DMYS) 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.

dMY Technology Group VI ROCE % Related Terms

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dMY Technology Group VI (dMY Technology Group VI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » dMY Technology Group Inc VI (NYSE:DMYS) » Definitions » ROCE %
Comparable Companies
NRAC BWC THCP GIA CLIM STET ACAB AEAC INAQ IMAQ GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
1180 North Town Center Drive, Suite 100, Las Vegas, NV, USA, 89144
Website
https://www.dmytechnology.com
dMY Technology Group Inc VI is a blank check company.
Executives
Harry L. You director, 10 percent owner, officer: Chairman EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Gabrielle B Toledano director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Francesca Luthi director 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Darla Anderson director C/O GLU MOBILE INC., 875 HOWARD STREET, SUITE 100, SAN FRANCISCO CA 94103
Becky Ann Hughes director GLU MOBILE INC., 875 HOWARD STREET, SUITE 100, SAN FRANCISCO CA 94103
Masi Niccolo De director, officer: Chief Executive Officer 500 HOWARD ST., SUITE 300, SAN FRANCISCO CA 94105
Dmy Sponsor Vi, Llc 10 percent owner 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144