CCAJ (Coastal Capital Acquisition) ROCE %: -48.28% (As of Sep. 2023)


What is Coastal Capital Acquisition ROCE %?

Coastal Capital Acquisition CCAJ ROCE % is -48.28% as of Sep. 2023.

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. Coastal Capital Acquisition's annualized ROCE % for the quarter that ended in Sep. 2023 was -48.28%.

Coastal Capital Acquisition  (OTCPK:CCAJ) 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.

Coastal Capital Acquisition ROCE % Related Terms

Coastal Capital Acquisition ROCE % Historical Data

* Premium members only.

The historical data trend for Coastal Capital 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.

Coastal Capital Acquisition ROCE % Chart

Coastal Capital Acquisition Annual Data
Trend
ROCE %

Coastal Capital Acquisition Semi-Annual Data
Sep22 Sep23
ROCE % 0.00 -48.28

Coastal Capital Acquisition ROCE % Calculation

Coastal Capital Acquisition's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Coastal Capital Acquisition's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Sep. 2022 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Sep. 2022 )(Q: Sep. 2023 )
=-0.014/( ( (0 - 0) + (0.029 - 0) )/ 1 )
=-0.014/( ( 0 + 0.029 )/ 1 )
=-0.014/0.029
=-48.28 %

(1) Note: The EBIT data used here is one times the annual (Sep. 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 -48.28% mean?
Coastal Capital Acquisition (CCAJ) has a ROCE % of -48.28% as of Sep. 2023.
Is Coastal Capital Acquisition's ROCE % too high?
Coastal Capital Acquisition's current ROCE % is -48.28%.
How does Coastal Capital Acquisition's ROCE % compare to SODE and CIPI?
Coastal Capital Acquisition's ROCE % of -48.28% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. 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 Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,748 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. 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. For the Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coastal Capital Acquisition's current ROCE % is -48.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coastal Capital Acquisition stock overvalued right now?
Coastal Capital Acquisition (CCAJ) has a current ROCE % of -48.28%. The current ROCE % is -48.28%. 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 Coastal Capital Acquisition (CCAJ), the current ROCE % is -48.28% as of Sep. 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.

Coastal Capital Acquisition Business Description

Address 1410 Park Lane S, Suite 1, Jupiter, FL, USA, 33458
Coastal Capital Acquisition Corp is now a Builder engaged in the construction of single-family houses and other buildings for sale on its account rather than as contractors, including renovations. Its secondary business engagement is an Office of Holding companies, mainly engaging in holding the equity interest in (or securities) companies and enterprises to own a controlling interest or influence the management decisions of these firms.