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KludeIn I Acquisition (KludeIn I Acquisition) ROCE % : -4.44% (As of Dec. 2022)


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What is KludeIn I 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. KludeIn I Acquisition's annualized ROCE % for the quarter that ended in Dec. 2022 was -4.44%.


KludeIn I Acquisition ROCE % Historical Data

The historical data trend for KludeIn I 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.

KludeIn I Acquisition ROCE % Chart

KludeIn I Acquisition Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
- -1.86 -2.84

KludeIn I Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.56 -1.49 -3.44 -1.88 -4.44

KludeIn I Acquisition ROCE % Calculation

KludeIn I Acquisition'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 )
=-3.9/( ( (172.981 - 0.637) + (107.434 - 4.797) )/ 2 )
=-3.9/( (172.344+102.637)/ 2 )
=-3.9/137.4905
=-2.84 %

KludeIn I Acquisition's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=-4.568/( ( (105.956 - 3.047) + (107.434 - 4.797) )/ 2 )
=-4.568/( ( 102.909 + 102.637 )/ 2 )
=-4.568/102.773
=-4.44 %

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


KludeIn I Acquisition  (NAS:INKAW) 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.


KludeIn I Acquisition ROCE % Related Terms

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KludeIn I Acquisition (KludeIn I Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1096 Keeler Avenue, Berkeley, CA, USA, 94708
Website
KludeIn I Acquisition Corp is a blank check company.

KludeIn I Acquisition (KludeIn I Acquisition) Headlines