Nocturne Acquisition (Nocturne Acquisition) ROCE % : -21.28% (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Nocturne 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. Nocturne Acquisition's annualized ROCE % for the quarter that ended in Sep. 2023 was -21.28%.

Nocturne Acquisition ROCE % Historical Data

The historical data trend for Nocturne 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.

Nocturne Acquisition ROCE % Chart

Nocturne Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-1.23

-3.08

Nocturne Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial							-3.55	-3.97	-14.24	-7.56	-21.28

Nocturne Acquisition ROCE % Calculation

Nocturne 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 )
	=	-2.048	/	( ( (116.649 - 0.262)	+	(21.219 - 4.637) )	/ 2 )
	=	-2.048	/	( (116.387	+	16.582)	/ 2 )
	=	-2.048	/	66.4845
	=	-3.08 %

Nocturne Acquisition'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 )
	=	-3.072	/	( ( (20.792 - 6.072)	+	(21.198 - 7.046) )	/ 2 )
	=	-3.072	/	( ( 14.72	+	14.152 )	/ 2 )
	=	-3.072	/	14.436
	=	-21.28 %

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

Nocturne Acquisition (NAS:MBTC) 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.

Nocturne Acquisition ROCE % Related Terms

Thank you for viewing the detailed overview of Nocturne Acquisition's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nocturne Acquisition (Nocturne Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Nocturne Acquisition Corp (NAS:MBTC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Germay Drive, Unit 4, Number 1066, Wilmington, DE, USA, 19084

Website

Nocturne Acquisition Corp is a blank check company.

Executives

Derek Feng	director	953 9TH STREET, MANHATTAN BEACH CA 90266
Ka Lok Wong	director	7244 CARRIZO DRIVE,, LA JOLLA CA 92037
Giuseppe Mangiacotti	director	7244 CARIZZO DRIVE, LA JOLLA CA 92037
Simon Choi	director	7244 CARRIZO DRIVE, LA JOLLA CA 92037
Nocturne Sponsor, Llc	10 percent owner	7244 CARRIZO DRIVE, LA JOLLA CA 92037
Marcus Vincent Gomez	director	7244 CARRIZO DRIVE, LA JOLLA CA 92037
Henry Monzon	director, 10 percent owner, officer: Chairman and CEO	7244 CARRIZO DRIVE, LA JOLLA CA 92037
Kashan Zaheer Piracha	director	7244 CARRIZO DRIVE, LA JOLLA CA 92037
Ka Seng Ao	director, 10 percent owner, officer: Chief Financial Officer	7244 CARRIZO DRIVE, LA JOLLA CA 92037
Etienne Snyman	director	7244 CARRIZO DRIVE, LA JOLLA CA 92037