Bright Lights Acquisition (Bright Lights Acquisition) ROCE % : -0.83% (As of Sep. 2022)

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What is Bright Lights 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. Bright Lights Acquisition's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.83%.

Bright Lights Acquisition ROCE % Historical Data

The historical data trend for Bright Lights 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.

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Bright Lights Acquisition ROCE % Chart

Bright Lights Acquisition Annual Data

Trend

Dec20

Dec21

ROCE %

-6.39

Bright Lights Acquisition Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial				-3.18	-5.07	-1.58	-1.19	-0.83

Bright Lights Acquisition ROCE % Calculation

Bright Lights Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-7.177	/	( ( (0.366 - 0.345)	+	(230.701 - 5.976) )	/ 2 )
	=	-7.177	/	( (0.021	+	224.725)	/ 2 )
	=	-7.177	/	112.373
	=	-6.39 %

Bright Lights Acquisition's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	-1.864	/	( ( (230.712 - 6.28)	+	(232.444 - 5.488) )	/ 2 )
	=	-1.864	/	( ( 224.432	+	226.956 )	/ 2 )
	=	-1.864	/	225.694
	=	-0.83 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Bright Lights Acquisition (NAS:BLTSW) 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.

Bright Lights Acquisition ROCE % Related Terms

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