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Vy Global Growth (Vy Global Growth) ROCE % : -0.11% (As of Jun. 2022)


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What is Vy Global Growth 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. Vy Global Growth's annualized ROCE % for the quarter that ended in Jun. 2022 was -0.11%.

Vy Global Growth ROCE % Historical Data

The historical data trend for Vy Global Growth'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.

Vy Global Growth ROCE % Chart

Vy Global Growth Annual Data
Trend Dec20 Dec21
ROCE %
- -0.30

Vy Global Growth Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROCE % Get a 7-Day Free Trial -0.14 -0.15 -0.09 -0.19 -0.11

Vy Global Growth ROCE % Calculation

Vy Global Growth'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 )
=-1.708/( ( (576.331 - 0.361) + (577.145 - 1.292) )/ 2 )
=-1.708/( (575.97+575.853)/ 2 )
=-1.708/575.9115
=-0.30 %

Vy Global Growth'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 )
=-0.64/( ( (577.046 - 1.407) + (577.643 - 1.386) )/ 2 )
=-0.64/( ( 575.639 + 576.257 )/ 2 )
=-0.64/575.948
=-0.11 %

(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.

Vy Global Growth  (NYSE:VYGG) 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.

Vy Global Growth ROCE % Related Terms

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Vy Global Growth (Vy Global Growth) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Vy Global Growth (NYSE:VYGG) » Definitions » ROCE %
Comparable Companies
APSG FVIV ETAC BOAC EOCW AVAN BTWN HIII LGV APGB GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
Willow House, Cricket Square, Floor 4, Grand Cayman, CYM, KY1-9010
Website
https://www.vygg.com
Vy Global Growth is a blank check company.
Executives
Javier Olivan director 62 RIDGE VIEW DRIVE, ATHERTON X1 94027
Julia Herendeen director 25 FIRST STREET, 2ND FLOOR, CAMBRIDGE MA 02141
John Hering director, officer: Chief Executive Officer FLOOR 4 WILLOW HOUSE, CRICKET SQ, GRAND CAYMAN E9 KY1-9010
Hugo Barra director FLOOR 4, WILLOW HOUSE, CRICKET SQ, GRAND CAYMAN E9 KY1-9010
Alexander Tamas director, officer: Chairman FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Sujay Jaswa director FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Justin Kan director FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Katja Lake officer: Chief Financial Officer FLOOR 4 WILLOW HOUSE CRICKET SQ, GRAND CAYMAN E9 KY1-9010
Daniel Schwarz officer: Chief Operating Officer FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Vy Global Growth Management Co. 10 percent owner FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Steve Ladd Huffman director FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-901-