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FoxWayne Enterprises Acquisition (FoxWayne Enterprises Acquisition) ROCE % : -5.16% (As of Sep. 2022)


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What is FoxWayne Enterprises 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. FoxWayne Enterprises Acquisition's annualized ROCE % for the quarter that ended in Sep. 2022 was -5.16%.


FoxWayne Enterprises Acquisition ROCE % Historical Data

The historical data trend for FoxWayne Enterprises 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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FoxWayne Enterprises Acquisition ROCE % Chart

FoxWayne Enterprises Acquisition Annual Data
Trend Dec20 Dec21
ROCE %
- -6.76

FoxWayne Enterprises Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial -2.90 -6.82 18.91 -0.10 -5.16

FoxWayne Enterprises Acquisition ROCE % Calculation

FoxWayne Enterprises 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 )
=-1.922/( ( (0.153 - 0.134) + (58.146 - 1.342) )/ 2 )
=-1.922/( (0.019+56.804)/ 2 )
=-1.922/28.4115
=-6.76 %

FoxWayne Enterprises 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 )
=-1.752/( ( (58.514 - 2.207) + (13.965 - 2.331) )/ 2 )
=-1.752/( ( 56.307 + 11.634 )/ 2 )
=-1.752/33.9705
=-5.16 %

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


FoxWayne Enterprises Acquisition  (NAS:FOXWU) 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.


FoxWayne Enterprises Acquisition ROCE % Related Terms

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FoxWayne Enterprises Acquisition (FoxWayne Enterprises Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1 Rockefeller Plaza, Suite 1039, New York, NY, USA, 10020
FoxWayne Enterprises Acquisition Corp is a blank check company.
Executives
Robb Knie director, officer: Chairman and CEO C/O INVENTERGY GLOBAL, INC., 900 EAST HAMILTON AVENUE SUITE 180, CAMPBELL CA 95008
Jonathan Hale Zippin director 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Foxwayne Enterprises Acquisition Sponsor Llc director, 10 percent owner, officer: Chairman and CEO 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Michael Reavey director 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Sundeep Agrawal director 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Jeff Pavell director 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020

FoxWayne Enterprises Acquisition (FoxWayne Enterprises Acquisition) Headlines