ALSP Orchid Acquisition I (ALSP Orchid Acquisition I) ROCE % : -5.08% (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is ALSP Orchid Acquisition I 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. ALSP Orchid Acquisition I's annualized ROCE % for the quarter that ended in Jun. 2023 was -5.08%.

ALSP Orchid Acquisition I ROCE % Historical Data

The historical data trend for ALSP Orchid Acquisition I'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.

ALSP Orchid Acquisition I ROCE % Chart

ALSP Orchid Acquisition I Annual Data

Trend

Dec21

Dec22

ROCE %

-0.64

ALSP Orchid Acquisition I Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial			-0.62	-0.48	-0.68	-2.22	-5.08

ALSP Orchid Acquisition I ROCE % Calculation

ALSP Orchid Acquisition I'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 )
	=	-1.145	/	( ( (177.609 - 0.054)	+	(177.953 - 0.044) )	/ 2 )
	=	-1.145	/	( (177.555	+	177.909)	/ 2 )
	=	-1.145	/	177.732
	=	-0.64 %

ALSP Orchid Acquisition I'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 )
	=	-1.064	/	( ( (21.297 - 0.329)	+	(21.506 - 0.544) )	/ 2 )
	=	-1.064	/	( ( 20.968	+	20.962 )	/ 2 )
	=	-1.064	/	20.965
	=	-5.08 %

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

ALSP Orchid Acquisition I (NAS:ALORU) 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.

ALSP Orchid Acquisition I ROCE % Related Terms

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