ACAHW (Atlantic Coastal Acquisition) ROCE %: -1.60% (As of Mar. 2023)


ACAHW Atlantic Coastal Acquisition Corp ACAHW
23 GF Score
Price $0.02
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What is Atlantic Coastal Acquisition ROCE %?

Atlantic Coastal Acquisition ACAHW 23 ROCE % is -1.60% as of Mar. 2023. GuruFocus rates ACAHW with a GF Score™ of 23/100.

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. Atlantic Coastal Acquisition's annualized ROCE % for the quarter that ended in Mar. 2023 was -1.60%.

Atlantic Coastal Acquisition  (NAS:ACAHW) 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.

Atlantic Coastal Acquisition ROCE % Related Terms

Atlantic Coastal Acquisition ROCE % Historical Data

* Premium members only.

The historical data trend for Atlantic Coastal 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.

Atlantic Coastal Acquisition ROCE % Chart

Atlantic Coastal Acquisition Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
0.00 -4.19 -1.42

Atlantic Coastal Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.41 -0.09 -1.57 -0.66 -1.60
ACAHW
23GF Score
Atlantic Coastal Acquisition Corp ACAHW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Atlantic Coastal Acquisition ROCE % Calculation

Atlantic Coastal Acquisition'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 )
=-4.85/( ( (345.92 - 5.942) + (350.656 - 6.905) )/ 2 )
=-4.85/( (339.978+343.751)/ 2 )
=-4.85/341.8645
=-1.42 %

Atlantic Coastal Acquisition's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=-2.976/( ( (350.656 - 6.905) + (38.567 - 10.28) )/ 2 )
=-2.976/( ( 343.751 + 28.287 )/ 2 )
=-2.976/186.019
=-1.60 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -1.60% mean?
Atlantic Coastal Acquisition (ACAHW) has a ROCE % of -1.60% as of Mar. 2023.
Is Atlantic Coastal Acquisition's ROCE % too high?
Atlantic Coastal Acquisition's current ROCE % is -1.60%. Overall, Atlantic Coastal Acquisition has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Atlantic Coastal Acquisition's ROCE % compare to ZLS and BMAC?
Atlantic Coastal Acquisition's ROCE % of -1.60% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Atlantic Coastal Acquisition's current ROCE % is -1.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlantic Coastal Acquisition stock overvalued right now?
Atlantic Coastal Acquisition (ACAHW) has a current ROCE % of -1.60%. The current ROCE % is -1.60%. Atlantic Coastal Acquisition's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Atlantic Coastal Acquisition (ACAHW), the current ROCE % is -1.60% as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Atlantic Coastal Acquisition Business Description

Address 6 Saint Johns Lane, Floor 5, New York, NY, USA, 10013
Atlantic Coastal Acquisition Corp is a blank check company.
23GF Score

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