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FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) ROCE % : 0.00% (As of Aug. 2020)


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What is FirstMark Horizon 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. FirstMark Horizon Acquisition's annualized ROCE % for the quarter that ended in Aug. 2020 was 0.00%.


FirstMark Horizon Acquisition ROCE % Historical Data

The historical data trend for FirstMark Horizon 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.

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FirstMark Horizon Acquisition ROCE % Chart

FirstMark Horizon Acquisition Annual Data
Trend Dec20
ROCE %
-

FirstMark Horizon Acquisition Semi-Annual Data
Aug20
ROCE % -

FirstMark Horizon Acquisition ROCE % Calculation

FirstMark Horizon Acquisition's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

FirstMark Horizon Acquisition's ROCE % of for the quarter that ended in Aug. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2020 )  (Q: . 20 )(Q: Aug. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2020 )  (Q: . 20 )(Q: Aug. 2020 )
=/( ( ( - ) + ( - ) )/ )
=/( ( + )/ )
=/
= %

(1) Note: The EBIT data used here is one times the annual (Aug. 2020) 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.


FirstMark Horizon Acquisition  (NYSE:FMAC) 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.


FirstMark Horizon Acquisition ROCE % Related Terms

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FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
100 5th Avenue, 3rd Floor, New York, NY, USA, 10011
FirstMark Horizon Acquisition Corp is a blank check company.
Executives
Luis A Ubinas director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065-1175
Jason Robins director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Frederick Ball director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Richard R Heitzmann director, officer: CEO 500 NYALA FARM ROAD, WESTPORT CT 06880
Amish A Jani director, officer: President
Firstmark Horizon Sponsor Llc director, 10 percent owner 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Allison Goldberg director C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Daniel Gaisin officer: Chief Financial Officer C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Eric D. Cheung officer: Secretary C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011