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Aequi Acquisition (Aequi Acquisition) ROCE % : -2.17% (As of Mar. 2023)


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What is Aequi 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. Aequi Acquisition's annualized ROCE % for the quarter that ended in Mar. 2023 was -2.17%.

Aequi Acquisition ROCE % Historical Data

The historical data trend for Aequi 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.

Aequi Acquisition ROCE % Chart

Aequi Acquisition Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
- -0.44 -1.07

Aequi Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.32 -0.34 -0.33 -2.56 -2.17

Aequi Acquisition ROCE % Calculation

Aequi 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 )
=-1.424/( ( (231.116 - 0.323) + (36.667 - 0.777) )/ 2 )
=-1.424/( (230.793+35.89)/ 2 )
=-1.424/133.3415
=-1.07 %

Aequi 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 )
=-0.78/( ( (36.667 - 0.777) + (36.899 - 0.961) )/ 2 )
=-0.78/( ( 35.89 + 35.938 )/ 2 )
=-0.78/35.914
=-2.17 %

(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.

Aequi Acquisition  (NAS:ARBG) 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.

Aequi Acquisition ROCE % Related Terms

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Aequi Acquisition (Aequi Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aequi Acquisition Corp (NAS:ARBG) » Definitions » ROCE %
Comparable Companies
ASPC PAQC BLTS NOAC PTIC SCUA BHAC BOAS WWAC DAOO GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
500 West Putnam Avenue, Suite 400, Greenwich, CT, USA, 06830
Website
Aequi Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Susan Hassan director, officer: Chief Operating Officer 500 WEST PUTNAM AVENUE, SUITE 400, GREENWICH CT 06830
Merline Saintil director 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Roy Swan director 75 WEST 125TH STREET, NEW YORK NY 10027
Hope S Taitz director, 10 percent owner, officer: Chief Executive Officer C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Jason Scheir director GENCO SHIPPING & TRADING LIMITED, 299 PARK AVE, 12TH FLOOR, NEW YORK NY 10171
Emil K. Woods director C/O CEDAR HILL CAPITAL PARTNERS, LLC, 445 PARK AVE., 5TH FLOOR, NEW YORK NY 10022
Aequi Sponsor Llc 10 percent owner 9 DAVIS DRIVE, ARMONK NY 10504
Joy Seppala director, officer: Chief Financial Officer 500 WEST PUTNAM AVENUE, SUITE 400, GREENWICH CT 06830
Fatou Sagnang director 500 WEST PUTNAM AVENUE, SUITE 400, GREENWICH CT 06830