ASPAW (Abri SPAC I) ROCE %: -19.29% (As of Jun. 2023)

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ASPAW Abri SPAC I Inc ASPAW
19 GF Score
Price $0.09
! 3 Warning Signs
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What is Abri SPAC I ROCE %?

Abri SPAC I ASPAW 19 ROCE % is -19.29% as of Jun. 2023. GuruFocus rates ASPAW with a GF Score™ of 19/100. The stock has 3 warning signs investors should review.

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. Abri SPAC I's annualized ROCE % for the quarter that ended in Jun. 2023 was -19.29%.

Abri SPAC I  (NAS:ASPAW) 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.

Abri SPAC I ROCE % Related Terms

Abri SPAC I ROCE % Historical Data

* Premium members only.

The historical data trend for Abri SPAC 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.

Abri SPAC I ROCE % Chart

Abri SPAC I Annual Data
Trend Dec21 Dec22
ROCE %
0.00 -10.36

Abri SPAC I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.61 -5.17 -8.99 -22.66 -19.29
ASPAW
19GF Score
Abri SPAC I Inc ASPAW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Abri SPAC I ROCE % Calculation

Abri SPAC 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 )
=-3.369/( ( (57.817 - 2.188) + (13.475 - 4.055) )/ 2 )
=-3.369/( (55.629+9.42)/ 2 )
=-3.369/32.5245
=-10.36 %

Abri SPAC 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 )
=-2.112/( ( (13.692 - 2.706) + (13.915 - 3.008) )/ 2 )
=-2.112/( ( 10.986 + 10.907 )/ 2 )
=-2.112/10.9465
=-19.29 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -19.29% mean?
Abri SPAC I (ASPAW) has a ROCE % of -19.29% as of Jun. 2023.
Is Abri SPAC I's ROCE % too high?
Abri SPAC I's current ROCE % is -19.29%. Overall, Abri SPAC I has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Abri SPAC I's ROCE % compare to MACA and KYCH?
Abri SPAC I's ROCE % of -19.29% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Abri SPAC I's current ROCE % is -19.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abri SPAC I stock overvalued right now?
Abri SPAC I (ASPAW) has a current ROCE % of -19.29%. The current ROCE % is -19.29%. Abri SPAC I's overall GF Score™ is 19/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Abri SPAC I (ASPAW), the current ROCE % is -19.29% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Abri SPAC I Business Description

Address 9663 Santa Monica Boulevard, No. 1091, Beverly Hills, CA, USA, 90210
Abri SPAC I Inc is a blank check company.
19GF Score

Get the complete analysis for ASPAW

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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