APSG.WS (Apollo Strategic Growth Capital) ROCE % : -0.66% (As of Mar. 2022)

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What is Apollo Strategic Growth Capital 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. Apollo Strategic Growth Capital's annualized ROCE % for the quarter that ended in Mar. 2022 was -0.66%.

Apollo Strategic Growth Capital ROCE % Historical Data

The historical data trend for Apollo Strategic Growth Capital'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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Apollo Strategic Growth Capital ROCE % Chart

Apollo Strategic Growth Capital Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

ROCE %

-100.00

-4.81

0.77

Apollo Strategic Growth Capital Semi-Annual Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
ROCE %	Get a 7-Day Free Trial							2.49	0.16	1.38	-3.30	-0.66

Apollo Strategic Growth Capital ROCE % Calculation

Apollo Strategic Growth Capital's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	6.205	/	( ( (818.369 - 2.257)	+	(818.014 - 14.401) )	/ 2 )
	=	6.205	/	( (816.112	+	803.613)	/ 2 )
	=	6.205	/	809.8625
	=	0.77 %

Apollo Strategic Growth Capital's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	-5.324	/	( ( (818.014 - 14.401)	+	(818.095 - 15.653) )	/ 2 )
	=	-5.324	/	( ( 803.613	+	802.442 )	/ 2 )
	=	-5.324	/	803.0275
	=	-0.66 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2022) EBIT data.

Apollo Strategic Growth Capital (NYSE:APSG.WS) 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.

Apollo Strategic Growth Capital ROCE % Related Terms

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Apollo Strategic Growth Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Apollo Strategic Growth Capital (NYSE:APSG.WS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 West 57th Street, 43rd Floor, New Yor, NY, USA, 10019

Website

https://www.apollostrategicgrowthcapital.com

Apollo Strategic Growth Capital is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.