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ASPAC I Acquisition (ASPAC I Acquisition) ROCE % : -18.76% (As of Dec. 2023)


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What is ASPAC I 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. ASPAC I Acquisition's annualized ROCE % for the quarter that ended in Dec. 2023 was -18.76%.


ASPAC I Acquisition ROCE % Historical Data

The historical data trend for ASPAC I 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.

ASPAC I Acquisition ROCE % Chart

ASPAC I Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
- -1.43 -5.62

ASPAC I Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.66 -3.88 -4.23 -4.34 -18.76

ASPAC I Acquisition ROCE % Calculation

ASPAC I Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-2.522/( ( (70.786 - 0.05) + (21.318 - 2.242) )/ 2 )
=-2.522/( (70.736+19.076)/ 2 )
=-2.522/44.906
=-5.62 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-5.064/( ( (39.342 - 4.433) + (21.318 - 2.242) )/ 2 )
=-5.064/( ( 34.909 + 19.076 )/ 2 )
=-5.064/26.9925
=-18.76 %

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


ASPAC I Acquisition  (NAS:ASCAW) 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.


ASPAC I Acquisition ROCE % Related Terms

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ASPAC I Acquisition (ASPAC I Acquisition) Business Description

Traded in Other Exchanges
Address
10 Marina Boulevard, Tower 2, Level 39, Marina Bay Financial Centre, Singapore, SGP, 018983
Website
ASPAC I Acquisition Corp is a blank check company .

ASPAC I Acquisition (ASPAC I Acquisition) Headlines