EVOJU (Evo Acquisition) ROCE % : -4.26% (As of Dec. 2022)

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

What is Evo 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. Evo Acquisition's annualized ROCE % for the quarter that ended in Dec. 2022 was -4.26%.

Evo Acquisition ROCE % Historical Data

The historical data trend for Evo 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.

Evo Acquisition ROCE % Chart

Evo Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-1.11

-2.88

Evo Acquisition Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
ROCE %	Get a 7-Day Free Trial				0.31	-1.31	-1.08	-1.52	-4.26

Evo Acquisition ROCE % Calculation

Evo 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 )
	=	-1.93	/	( ( (125.444 - 0.084)	+	(10.31 - 1.806) )	/ 2 )
	=	-1.93	/	( (125.36	+	8.504)	/ 2 )
	=	-1.93	/	66.932
	=	-2.88 %

Evo Acquisition's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	-2.844	/	( ( (125.995 - 1.085)	+	(10.31 - 1.806) )	/ 2 )
	=	-2.844	/	( ( 124.91	+	8.504 )	/ 2 )
	=	-2.844	/	66.707
	=	-4.26 %

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

Evo Acquisition (NAS:EVOJU) 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.

Evo Acquisition ROCE % Related Terms

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

Evo Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Evo Acquisition Corp (NAS:EVOJU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Stateline Road, Crystal Bay, NV, USA, 89402

Website

https://www.evospac.com

Evo Acquisition Corp is a blank check company formed for the purpose of effecting an initial business combination.

Executives

Red Dawn Capital Llc	10 percent owner	2122 OXFORD AVENUE, AUSTIN TX 78704
Jason Sausto	officer: Managing Director	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Maclean Malcolm F Iv	director	C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Robert J Valentine	director	160 OSER AVENUE, HAUPPAUGE NY 11788
Evo Sponsor Llc	10 percent owner	11390 W. OLYMPIC BLVD SUITE 100, LOS ANGELES CA 90064
Michael Lerch	director, 10 percent owner, officer: Chairman	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Adrian Brindle	officer: Chief Financial Officer	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Kazuko Miyashita	director	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Richard Chisholm	director, officer: Chief Executive Officer	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Takahiro Fushimi	director	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Shigeo Kashiwagi	director	10 STATELINE ROAD, CRYSTAL BAY NV 89402