CRZNW (Corazon Capital V838 Monoceros) ROCE % : -0.41% (As of Sep. 2022)

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What is Corazon Capital V838 Monoceros 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. Corazon Capital V838 Monoceros's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.41%.

Corazon Capital V838 Monoceros ROCE % Historical Data

The historical data trend for Corazon Capital V838 Monoceros'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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Corazon Capital V838 Monoceros ROCE % Chart

Corazon Capital V838 Monoceros Annual Data

Trend

Dec21

ROCE %

Corazon Capital V838 Monoceros Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial			-0.24	-	-0.70	-0.57	-0.41

Corazon Capital V838 Monoceros ROCE % Calculation

Corazon Capital V838 Monoceros'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: . 20 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: . 20 )		(A: Dec. 2021 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Corazon Capital V838 Monoceros'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 )
	=	-0.836	/	( ( (205.444 - 0.622)	+	(206.149 - 0.617) )	/ 2 )
	=	-0.836	/	( ( 204.822	+	205.532 )	/ 2 )
	=	-0.836	/	205.177
	=	-0.41 %

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

Corazon Capital V838 Monoceros (NAS:CRZNW) 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.

Corazon Capital V838 Monoceros ROCE % Related Terms

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Corazon Capital V838 Monoceros Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Corazon Capital V838 Monoceros Corp (NAS:CRZNW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

222 West Merchandise Mart Plaza, Box No. 2982, Chicago, IL, USA, 60654

Website

http://www.crznspac.com

Corazon Capital V838 Monoceros Corp is a blank check company.

Corazon Capital V838 Monoceros Headlines

From GuruFocus

Corazon Capital V838 Monoceros Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing May 14, 2021

By PRNewswire PRNewswire • 05-13-2021