EOCWF (Elliott Opportunity II) ROCE %: -0.25% (As of Mar. 2023)


EOCWF Elliott Opportunity II Corp EOCWF
22 GF Score
Price $0.00
! 2 Warning Signs
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What is Elliott Opportunity II ROCE %?

Elliott Opportunity II EOCWF 22 ROCE % is -0.25% as of Mar. 2023. GuruFocus rates EOCWF with a GF Score™ of 22/100. The stock has 2 warning signs 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. Elliott Opportunity II's annualized ROCE % for the quarter that ended in Mar. 2023 was -0.25%.

Elliott Opportunity II  (OTCPK:EOCWF) 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.

Elliott Opportunity II ROCE % Related Terms

Elliott Opportunity II ROCE % Historical Data

* Premium members only.

The historical data trend for Elliott Opportunity II'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.

Elliott Opportunity II ROCE % Chart

Elliott Opportunity II Annual Data
Trend Dec21 Dec22
ROCE %
0.00 -0.19

Elliott Opportunity II Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROCE % Get a 7-Day Free Trial Premium Member Only -0.28 -0.24 -0.20 -0.05 -0.25
EOCWF
22GF Score
Elliott Opportunity II Corp EOCWF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Elliott Opportunity II ROCE % Calculation

Elliott Opportunity II'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 )
=-1.191/( ( (611.601 - 1.313) + (619.33 - 1.296) )/ 2 )
=-1.191/( (610.288+618.034)/ 2 )
=-1.191/614.161
=-0.19 %

Elliott Opportunity II'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 )
=-1.548/( ( (619.33 - 1.296) + (625.659 - 1.393) )/ 2 )
=-1.548/( ( 618.034 + 624.266 )/ 2 )
=-1.548/621.15
=-0.25 %

(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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -0.25% mean?
Elliott Opportunity II (EOCWF) has a ROCE % of -0.25% as of Mar. 2023.
Is Elliott Opportunity II's ROCE % too high?
Elliott Opportunity II's current ROCE % is -0.25%. Overall, Elliott Opportunity II has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Elliott Opportunity II's ROCE % compare to AVAN and BTWN?
Elliott Opportunity II's ROCE % of -0.25% 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. Elliott Opportunity II's current ROCE % is -0.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elliott Opportunity II stock overvalued right now?
Elliott Opportunity II (EOCWF) has a current ROCE % of -0.25%. The current ROCE % is -0.25%. Elliott Opportunity II's overall GF Score™ is 22/100 with 2 warning signs 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 Elliott Opportunity II (EOCWF), the current ROCE % is -0.25% as of Mar. 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.

Elliott Opportunity II Business Description

Address 360 S Rosemary Avenue, 18th Floor, West Palm Beach, FL, USA, 33401
Elliott Opportunity II Corp is a blank check company.
22GF Score

Get the complete analysis for EOCWF

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

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