bleuacacia (bleuacacia) ROCE % : -14.62% (As of Dec. 2023)

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What is bleuacacia 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. bleuacacia's annualized ROCE % for the quarter that ended in Dec. 2023 was -14.62%.

bleuacacia ROCE % Historical Data

The historical data trend for bleuacacia'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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bleuacacia ROCE % Chart

bleuacacia Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-0.32

-1.05

bleuacacia Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							-0.27	-0.35	-1.16	-6.60	-14.62

bleuacacia ROCE % Calculation

bleuacacia'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 )
	=	-1.549	/	( ( (279.705 - 0.256)	+	(17.051 - 0.893) )	/ 2 )
	=	-1.549	/	( (279.449	+	16.158)	/ 2 )
	=	-1.549	/	147.8035
	=	-1.05 %

bleuacacia'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 )
	=	-2.38	/	( ( (16.87 - 0.466)	+	(17.051 - 0.893) )	/ 2 )
	=	-2.38	/	( ( 16.404	+	16.158 )	/ 2 )
	=	-2.38	/	16.281
	=	-14.62 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

bleuacacia (NAS:BLEU) 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.

bleuacacia ROCE % Related Terms

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bleuacacia (bleuacacia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » bleuacacia ltd (NAS:BLEU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Fifth Avenue, New York, NY, USA, 10110

Website

https://www.acacia.blue

bleuacacia ltd is a blank check company. The company 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

Kat Peeler	director	64 EAST 126TH STREET, #3, NEW YORK NY 10035
Jide James Zeitlin	director, officer: Co-CEO and Co-Chairman	THE KEFFI GROUP, 767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Lew Frankfort	director, officer: Co-CEO and Co-Chairman	COACH, 516 W. 34TH ST., NEW YORK NY 10001
Charles Mcguigan	director, officer: COO, President and Director	THREE LIMITED PARKWAY, COLUMBUS OH 43230
Natara Holloway	director	GOLDEN BEAR PLAZA, 11760 US HIGHWAY 1, SUITE W506, NORTH PALM BEACH FL 33408
Bleuacacia Sponsor Llc	10 percent owner	500 FIFTH AVENUE, 44TH FLOOR, NEW YORK NY 10110
Tom Northover	director, officer: Executive Director	500 FIFTH AVENUE, NEW YORK NY 10110
Ibukun Awosika	director	500 FIFTH AVENUE, C/O THE KEFFI GROUP LTD., NEW YORK NY 10110

bleuacacia (bleuacacia) Headlines

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