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Financial Strategies Acquisition (Financial Strategies Acquisition) ROCE % : 1.14% (As of Sep. 2022)


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What is Financial Strategies 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. Financial Strategies Acquisition's annualized ROCE % for the quarter that ended in Sep. 2022 was 1.14%.


Financial Strategies Acquisition ROCE % Historical Data

The historical data trend for Financial Strategies 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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Financial Strategies Acquisition ROCE % Chart

Financial Strategies Acquisition Annual Data
Trend Dec20 Dec21
ROCE %
- -1.22

Financial Strategies Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial - -4.90 -1.90 -1.57 1.14

Financial Strategies Acquisition ROCE % Calculation

Financial Strategies 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 )
=-0.625/( ( (0.47 - 0) + (102.242 - 0.275) )/ 2 )
=-0.625/( (0.47+101.967)/ 2 )
=-0.625/51.2185
=-1.22 %

Financial Strategies 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 )
=1.156/( ( (101.597 - 0.402) + (101.89 - 0.662) )/ 2 )
=1.156/( ( 101.195 + 101.228 )/ 2 )
=1.156/101.2115
=1.14 %

(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.


Financial Strategies Acquisition  (OTCPK:FXCOW) 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.


Financial Strategies Acquisition ROCE % Related Terms

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Financial Strategies Acquisition (Financial Strategies Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2626 Cole Avenue, Suite 300, Dallas, TX, USA, 75204
Website
Financial Strategies Acquisition Corp is a blank check company.