Chain Bridge I (Chain Bridge I) ROCE % : -7.71% (As of Mar. 2024)

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What is Chain Bridge I 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. Chain Bridge I's annualized ROCE % for the quarter that ended in Mar. 2024 was -7.71%.

Chain Bridge I ROCE % Historical Data

The historical data trend for Chain Bridge 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.

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Chain Bridge I ROCE % Chart

Chain Bridge I Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-0.09

-0.59

-0.92

Chain Bridge I Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								-0.54	-1.74	-2.34	-0.86	-7.71

Chain Bridge I ROCE % Calculation

Chain Bridge I'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 )
	=	-1.301	/	( ( (238.235 - 0.032)	+	(45.363 - 0.068) )	/ 2 )
	=	-1.301	/	( (238.203	+	45.295)	/ 2 )
	=	-1.301	/	141.749
	=	-0.92 %

Chain Bridge I's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-2.16	/	( ( (45.363 - 0.068)	+	(11.243 - 0.502) )	/ 2 )
	=	-2.16	/	( ( 45.295	+	10.741 )	/ 2 )
	=	-2.16	/	28.018
	=	-7.71 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Chain Bridge I (NAS:CBRGU) 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.

Chain Bridge I ROCE % Related Terms

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Chain Bridge I (Chain Bridge I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Chain Bridge I (NAS:CBRGU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CBRG:USA

Address

330 Primrose Road, Suite 500, Burlingame, CA, USA, 94010

Website

https://www.chainbg.com

Chain Bridge I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Chain Bridge I (Chain Bridge I) Headlines

From GuruFocus

Chain Bridge I Securities to Commence Separate Trading

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Chain Bridge I Announces Full Exercise of Underwriters' Over-Allotment Option and Closing of $230 Million Initial Public Offering

By Business Wire Business Wire • 11-15-2021