Hudson Acquisition I (Hudson Acquisition I) ROCE % : -6.21% (As of Sep. 2023)

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What is Hudson Acquisition I 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. Hudson Acquisition I's annualized ROCE % for the quarter that ended in Sep. 2023 was -6.21%.

Hudson Acquisition I ROCE % Historical Data

The historical data trend for Hudson Acquisition I'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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Hudson Acquisition I ROCE % Chart

Hudson Acquisition I Annual Data

Trend

Dec21

Dec22

ROCE %

-420.00

-1.21

Hudson Acquisition I Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial					-	-4.17	-1.49	-2.26	-6.21

Hudson Acquisition I ROCE % Calculation

Hudson Acquisition I'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 )
	=	-0.425	/	( ( (0.448 - 0.443)	+	(70.321 - 0.289) )	/ 2 )
	=	-0.425	/	( (0.005	+	70.032)	/ 2 )
	=	-0.425	/	35.0185
	=	-1.21 %

Hudson Acquisition I's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-2.916	/	( ( (71.676 - 1.211)	+	(25.669 - 2.279) )	/ 2 )
	=	-2.916	/	( ( 70.465	+	23.39 )	/ 2 )
	=	-2.916	/	46.9275
	=	-6.21 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Hudson Acquisition I (NAS:HUDA) 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.

Hudson Acquisition I ROCE % Related Terms

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Hudson Acquisition I (Hudson Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hudson Acquisition I Corp (NAS:HUDA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 West 44th Street, Suite 1001, New York, NY, USA, 10036

Website

Hudson Acquisition I Corp is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.