Fortress Capital Acquisition (Fortress Capital Acquisition) ROCE % : -0.35% (As of Sep. 2022)

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

What is Fortress Capital 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. Fortress Capital Acquisition's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.35%.

Fortress Capital Acquisition ROCE % Historical Data

The historical data trend for Fortress 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.

* Premium members only.

Fortress Capital Acquisition ROCE % Chart

Fortress Capital Acquisition Annual Data

Trend

Dec20

Dec21

ROCE %

-0.71

Fortress Capital Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial			-0.33	-0.37	-0.40	-0.38	-0.35

Fortress Capital Acquisition ROCE % Calculation

Fortress Capital Acquisition'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: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-1.422	/	( ( (0.54 - 0.531)	+	(401.551 - 0.684) )	/ 2 )
	=	-1.422	/	( (0.009	+	400.867)	/ 2 )
	=	-1.422	/	200.438
	=	-0.71 %

Fortress Capital Acquisition'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 )
	=	-1.416	/	( ( (401.271 - 0.603)	+	(402.782 - 0.662) )	/ 2 )
	=	-1.416	/	( ( 400.668	+	402.12 )	/ 2 )
	=	-1.416	/	401.394
	=	-0.35 %

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

Fortress Capital Acquisition (NYSE:FCAX) 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.

Fortress Capital Acquisition ROCE % Related Terms

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

Fortress Capital Acquisition (Fortress Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fortress Capital Acquisition Corp (NYSE:FCAX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105

Website

http://www.fortresscapitalac.com

Fortress Capital Acquisition Corp is a blank check company.

Executives

Gary Kalk	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Nierenberg	director, officer: Chief Executive Officer	799 BROADWAY, NEW YORK NY 10003
Principal Holdings I Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Daniel Bass	officer: Chief Financial Officer	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Elizabeth C Fascitelli	director	C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Capital Acquisition Sponsor Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Varun Wadhawan	officer: Chief Operating Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Debra Coleman	director	C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105

Fortress Capital Acquisition (Fortress Capital Acquisition) Headlines

From GuruFocus

Fortress Capital Acquisition Corp. Announces Redemption of Class A Ordinary Shares

By Business Wire Business Wire • 01-04-2023

Sculptor Capital LP Buys 4, Sells 1 in 2nd Quarter

By GuruFocus Research GuruFocus Editor • 08-14-2022