ACAC (Acri Capital Acquisition) ROCE % : -8.13% (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Acri Capital 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. Acri Capital Acquisition's annualized ROCE % for the quarter that ended in Jun. 2024 was -8.13%.

Acri Capital Acquisition ROCE % Historical Data

The historical data trend for Acri Capital 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.

Acri Capital Acquisition ROCE % Chart

Acri Capital Acquisition Annual Data

Trend

Dec22

Dec23

ROCE %

-0.80

-1.29

Acri Capital Acquisition Quarterly Data
	Feb22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial					-2.88	-1.19	-2.64	-3.24	-8.13

Acri Capital Acquisition ROCE % Calculation

Acri Capital Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-0.801	/	( ( (89.848 - 0.307)	+	(36.733 - 2.55) )	/ 2 )
	=	-0.801	/	( (89.541	+	34.183)	/ 2 )
	=	-0.801	/	61.862
	=	-1.29 %

Acri Capital Acquisition's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-2.112	/	( ( (37.554 - 3.269)	+	(21.278 - 3.597) )	/ 2 )
	=	-2.112	/	( ( 34.285	+	17.681 )	/ 2 )
	=	-2.112	/	25.983
	=	-8.13 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

Acri Capital Acquisition (NAS:ACAC) 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.

Acri Capital Acquisition ROCE % Related Terms

Thank you for viewing the detailed overview of Acri Capital Acquisition's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Acri Capital Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Acri Capital Acquisition Corp (NAS:ACAC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

13284 Pond Springs Road, Suite 405, Austin, TX, USA, 78729

Website

http://www.acricapacquisition.com

Acri Capital Acquisition Corp is a newly organized blank check company formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

Executives

Cubist Systematic Strategies, Llc	10 percent owner	72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Cohen Steven A/sac Capital Mgmt Lp	10 percent owner	C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Edmund R Miller	director	2000 S BAYSHORE DR, #40, COCONUT GROVE FL 33133
Joy Yi Hua	director, 10 percent owner, officer: CEO and Chairwoman	6406 WOODBOURNE LN, CROZET VA 22932
Acri Capital Sponsor Llc	10 percent owner	6406 WOODBOURNE LN, CROZET VA 22932
Hardin James Craig Jr.	director	136 GRACKLE LN, PAWLEY ISLANDS SC 29585
Andrew James Pierce	director	2961-A HUNTER MILL RD, #124, OAKTON VA 22124