BNNRW (Banner Acquisition) ROCE %: -1.15% (As of Dec. 2022)

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BNNRW Banner Acquisition Corp BNNRW
22 GF Score
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! 1 Warning Sign
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What is Banner Acquisition ROCE %?

Banner Acquisition BNNRW 22 ROCE % is -1.15% as of Dec. 2022. GuruFocus rates BNNRW with a GF Score™ of 22/100. The stock has 1 warning sign 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. Banner Acquisition's annualized ROCE % for the quarter that ended in Dec. 2022 was -1.15%.

Banner Acquisition  (NAS:BNNRW) 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.

Banner Acquisition ROCE % Related Terms

Banner Acquisition ROCE % Historical Data

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The historical data trend for Banner 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.

Banner Acquisition ROCE % Chart

Banner Acquisition Annual Data
Trend Dec21 Dec22
ROCE %
0.00 -1.21

Banner Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
ROCE % Get a 7-Day Free Trial -3.14 -1.28 -1.30 -1.13 -1.15
BNNRW
22GF Score
Banner Acquisition Corp BNNRW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Banner Acquisition ROCE % Calculation

Banner 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 )
=-1.939/( ( (160.989 - 0.653) + (161.244 - 0.926) )/ 2 )
=-1.939/( (160.336+160.318)/ 2 )
=-1.939/160.327
=-1.21 %

Banner Acquisition's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=-1.836/( ( (160.258 - 0.712) + (161.244 - 0.926) )/ 2 )
=-1.836/( ( 159.546 + 160.318 )/ 2 )
=-1.836/159.932
=-1.15 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) 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 -1.15% mean?
Banner Acquisition (BNNRW) has a ROCE % of -1.15% as of Dec. 2022.
Is Banner Acquisition's ROCE % too high?
Banner Acquisition's current ROCE % is -1.15%. Overall, Banner Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Banner Acquisition's ROCE % compare to ROSE and NHIC?
Banner Acquisition's ROCE % of -1.15% 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. Banner Acquisition's current ROCE % is -1.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banner Acquisition stock overvalued right now?
Banner Acquisition (BNNRW) has a current ROCE % of -1.15%. The current ROCE % is -1.15%. Banner Acquisition's overall GF Score™ is 22/100 with 1 warning sign 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 Banner Acquisition (BNNRW), the current ROCE % is -1.15% as of Dec. 2022. 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.

Banner Acquisition Business Description

Address 300 S 1350 E, 2nd Floor, Lehi, UT, USA, 84043
Banner Acquisition Corp is a blank check company.
22GF Score

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

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