GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Enterprise 4.0 Technology Acquisition Corp (NAS:ENTF) » Definitions » ROCE %

Enterprise 4.0 Technology Acquisition (Enterprise 4.0 Technology Acquisition) ROCE % : -0.38% (As of Mar. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Enterprise 4.0 Technology 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. Enterprise 4.0 Technology Acquisition's annualized ROCE % for the quarter that ended in Mar. 2023 was -0.38%.

Enterprise 4.0 Technology Acquisition ROCE % Historical Data

The historical data trend for Enterprise 4.0 Technology 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.

* Premium members only.

Enterprise 4.0 Technology Acquisition ROCE % Chart

Enterprise 4.0 Technology Acquisition Annual Data
Trend Dec21 Dec22
ROCE %
- -0.25

Enterprise 4.0 Technology Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROCE % Get a 7-Day Free Trial -0.28 -0.27 -0.24 -0.23 -0.38

Enterprise 4.0 Technology Acquisition ROCE % Calculation

Enterprise 4.0 Technology 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 )
=-0.782/( ( (307.296 - 0.103) + (310.98 - 0.049) )/ 2 )
=-0.782/( (307.193+310.931)/ 2 )
=-0.782/309.062
=-0.25 %

Enterprise 4.0 Technology Acquisition's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=-1.176/( ( (310.98 - 0.049) + (314.166 - 0.189) )/ 2 )
=-1.176/( ( 310.931 + 313.977 )/ 2 )
=-1.176/312.454
=-0.38 %

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

Enterprise 4.0 Technology Acquisition  (NAS:ENTF) 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.

Enterprise 4.0 Technology Acquisition ROCE % Related Terms

Thank you for viewing the detailed overview of Enterprise 4.0 Technology Acquisition's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Enterprise 4.0 Technology Acquisition (Enterprise 4.0 Technology Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Enterprise 4.0 Technology Acquisition Corp (NAS:ENTF) » Definitions » ROCE %
Comparable Companies
DHCA ARGU AGGR CSTA SSAA HMCO TWCB EZRG SIER ACDI GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
630 Ramona St., Palo Alto, CA, USA, 94301
Website
https://www.ent40acquisitioncorp.com
Enterprise 4.0 Technology Acquisition Corp is a blank check company.
Executives
Sudhakar Ramakrishna director 4750 WILLOW RD., PLEASANTON CA 94588
Christopher B Paisley director, officer: Chief Financial Officer 14870 THREE OAKS COURT, SARATOGA CA 95070
Judith Sim director C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Eric Benhamou director, officer: Chief Executive Officer 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Ronald Sege officer: Chief Operating Officer 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Steven C. Fletcher 10 percent owner C/O LEE ENTERPRISES, INCORPORATED, 4600 EAST 53RD STREET, DAVENPORT IA 52807
Explorer Parent Llc 10 percent owner 533 AIRPORT BOULEVARD, SUITE 400, BURLINGAME CA 94012
Founder Holdings Llc 10 percent owner 533 AIRPORT BOULEVARD, SUITE 400, BURLINGAME CA 94012
Alex Serge Vieux 10 percent owner C/O COMPUTER ASSOCIATES INTER INC, ONE COMPUTER ASSOC PLAZA, ISLANDIA NY 11749
Kim Le director 1608 PALA RANCH CIRCLE, SAN JOSE CA 95133
Mona Sabet director 533 AIRPORT BLVD SUITE 400, BURLINGAME CA 94010
Yashwanth Hemaraj officer: Chief Acquisition Officer 533 AIRPORT BLVD SUITE 400, BURLINGAME CA 94010
Ent4.0 Technology Sponsor Llc 10 percent owner 533 AIRPORT BLVD SUITE 400, BURLINGAME CA 94010