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APx Acquisition I (APx Acquisition I) ROCE % : 23.87% (As of Sep. 2023)


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What is APx 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. APx Acquisition I's annualized ROCE % for the quarter that ended in Sep. 2023 was 23.87%.

APx Acquisition I ROCE % Historical Data

The historical data trend for APx 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.

APx Acquisition I ROCE % Chart

APx Acquisition I Annual Data
Trend Dec21 Dec22
ROCE %
- -0.63

APx Acquisition I Quarterly Data
Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial 1.11 -27.11 0.43 0.93 23.87

APx Acquisition I ROCE % Calculation

APx 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 )
=-1.119/( ( (177.192 - 0.323) + (178.503 - 0.752) )/ 2 )
=-1.119/( (176.869+177.751)/ 2 )
=-1.119/177.31
=-0.63 %

APx Acquisition I's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=15.624/( ( (70.827 - 3.182) + (63.459 - 0.202) )/ 2 )
=15.624/( ( 67.645 + 63.257 )/ 2 )
=15.624/65.451
=23.87 %

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

APx Acquisition I  (NAS:APXI) 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.

APx Acquisition I ROCE % Related Terms

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APx Acquisition I (APx Acquisition I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » APx Acquisition Corp I (NAS:APXI) » Definitions » ROCE %
Comparable Companies
EVGR BYN DECA CPTK ARRW PGSS ATAK NPAB BYTS DSAQ PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
Juan Salvador Agraz 65, Contadero, Cuajimalpa de Morelos, Mexico, MEX, 05370
Website
https://www.apxcap.mx
APx Acquisition Corp I is a newly incorporated blank check company.
Executives
David Proman director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Diego Dayenoff director 80 RIVERSIDE BOULEVARD 1F, NEW YORK NY 10069
Alfredo Vara Alonso director JUAN SALADOR AGRAZ 65 P 9, CONTADERO CUAJIMALPA DE MORE, MEXICO CITY O5 05370
Daniel Braatz director, officer: Chief Executive Officer JUAN SALVADOR AGRAZ 65, CONTADERO, CUAJIMALPA DE MORELOS, MEXICO CITY O5 05370
Apx Cap Sponsor Group I, Llc 10 percent owner PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KYL-1104
Angel Losada Moreno director CALLE EJERCITO NAC NO 769 TORRE B PISO, 8 COLONIA GRANA DELEGACION MIGUEL HIDALG, CIUDAD DE MEXICO O5 CP 11520
Xavier Martinez officer: Chief Financial Officer JUAN SALVADOR AGRAZ 65 CONTADERO, CUAJIMALPA DE MORELOS, MEXICO CITY O5 05370
Apx Cap Holdings I, Llc 10 percent owner JUAN SALVADOR AGRAZ 65, CONTADERO, CUAJIMALPA DE MORELOS, MEXICO CITY O5 05370