Waverley Capital Acquisition 1 (Waverley Capital Acquisition 1) ROCE % : -0.49% (As of Jun. 2023)

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What is Waverley Capital Acquisition 1 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. Waverley Capital Acquisition 1's annualized ROCE % for the quarter that ended in Jun. 2023 was -0.49%.

Waverley Capital Acquisition 1 ROCE % Historical Data

The historical data trend for Waverley Capital Acquisition 1'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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Waverley Capital Acquisition 1 ROCE % Chart

Waverley Capital Acquisition 1 Annual Data

Trend

Dec21

Dec22

ROCE %

-0.52

Waverley Capital Acquisition 1 Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial					-0.53	-0.48	-0.50	-0.60	-0.49

Waverley Capital Acquisition 1 ROCE % Calculation

Waverley Capital Acquisition 1'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 )
	=	-1.138	/	( ( (217.092 - 0.131)	+	(219.373 - 0.451) )	/ 2 )
	=	-1.138	/	( (216.961	+	218.922)	/ 2 )
	=	-1.138	/	217.9415
	=	-0.52 %

Waverley Capital Acquisition 1's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	-1.092	/	( ( (221.497 - 0.59)	+	(223.912 - 0.649) )	/ 2 )
	=	-1.092	/	( ( 220.907	+	223.263 )	/ 2 )
	=	-1.092	/	222.085
	=	-0.49 %

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

Waverley Capital Acquisition 1 (NYSE:WAVC.U) 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.

Waverley Capital Acquisition 1 ROCE % Related Terms

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Waverley Capital Acquisition 1 (Waverley Capital Acquisition 1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Waverley Capital Acquisition Corp 1 (NYSE:WAVC.U) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1330 Avenue of the Americas, 7th Floor, New York, NY, USA, 10019

Website

https://www.waverleycorp1.com/home/default.aspx

Waverley Capital Acquisition Corp 1 is a blank check company.

Waverley Capital Acquisition 1 (Waverley Capital Acquisition 1) Headlines

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