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Crucible Acquisition (Crucible Acquisition) ROC % : -0.35% (As of Sep. 2022)


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What is Crucible Acquisition ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Crucible Acquisition's annualized return on capital (ROC %) for the quarter that ended in Sep. 2022 was -0.35%.

As of today (2024-06-21), Crucible Acquisition's WACC % is 0.00%. Crucible Acquisition's ROC % is 0.00% (calculated using TTM income statement data). Crucible Acquisition earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Crucible Acquisition ROC % Historical Data

The historical data trend for Crucible Acquisition's ROC % 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.

Crucible Acquisition ROC % Chart

Crucible Acquisition Annual Data
Trend Dec20 Dec21
ROC %
- -3.01

Crucible Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROC % Get a 7-Day Free Trial Premium Member Only -0.62 -0.61 -0.65 -0.20 -0.35

Crucible Acquisition ROC % Calculation

Crucible Acquisition's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2021 is calculated as:

ROC % (A: Dec. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2020 ) + Invested Capital (A: Dec. 2021 ))/ count )
=-3.907 * ( 1 - 0% )/( (0.355 + 258.843)/ 2 )
=-3.907/129.599
=-3.01 %

where

Crucible Acquisition's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-1.024 * ( 1 - 11.19% )/( (259.278 + 260.552)/ 2 )
=-0.9094144/259.915
=-0.35 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) 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.


Crucible Acquisition  (NYSE:CRU) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Crucible Acquisition's WACC % is 0.00%. Crucible Acquisition's ROC % is 0.00% (calculated using TTM income statement data). Crucible Acquisition earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Crucible Acquisition ROC % Related Terms

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Crucible Acquisition (Crucible Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
645 Walnut Street, Boulder, CO, USA, 80302
Crucible Acquisition Corp is a blank check company.
Executives
Sara Baack director ONE LAGOON DRIVE, 4TH FLOOR, REDWOOD CITY CA 94065
Bradley A Feld director, officer: Chairman of the Board C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302
Foundry Group Next 2018, L.p. director, 10 percent owner 645 WALNUT STREET, BOULDER CO 80302
Fg Next Gp 2018, Llc director, 10 percent owner 1050 WALNUT ST #210, BOULDER CO 80302
James M Lejeal director, officer: Chief Executive Officer 3333 WALNUT STREET, BOULDER CO 80301
Margaret Porfido director 175 CORDOVA COURT, BOULDER CO 80303
Foundry Crucible I, Llc director, 10 percent owner 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Jewel M. Burks director C/O CRUCIBLE ACQUISITION CORPORATION, 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Jason M. Lynch officer: Chief Administrative Officer C/O CRUCIBLE ACQUISITION CORPORATION, 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302