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LIV Capital Acquisition (LIV Capital Acquisition) ROCE % : -1.00% (As of Jun. 2021)


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What is LIV Capital 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. LIV Capital Acquisition's annualized ROCE % for the quarter that ended in Jun. 2021 was -1.00%.

LIV Capital Acquisition ROCE % Historical Data

The historical data trend for LIV Capital 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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LIV Capital Acquisition ROCE % Chart

LIV Capital Acquisition Annual Data
Trend Dec19 Dec20
ROCE %
- -0.83

LIV Capital Acquisition Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
ROCE % Get a 7-Day Free Trial -0.59 -0.38 -1.72 -0.52 -1.00

LIV Capital Acquisition ROCE % Calculation

LIV Capital Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-0.674/( ( (81.088 - 0.075) + (81.258 - 0.399) )/ 2 )
=-0.674/( (81.013+80.859)/ 2 )
=-0.674/80.936
=-0.83 %

LIV Capital Acquisition's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=-0.804/( ( (81.225 - 0.47) + (81.131 - 0.574) )/ 2 )
=-0.804/( ( 80.755 + 80.557 )/ 2 )
=-0.804/80.656
=-1.00 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2021) 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.

LIV Capital Acquisition  (NAS:LIVK) 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.

LIV Capital Acquisition ROCE % Related Terms

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LIV Capital Acquisition (LIV Capital Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » LIV Capital Acquisition Corp (NAS:LIVK) » Definitions » ROCE %
Comparable Companies
Traded in Other Exchanges
N/A
Address
Torre Virreyes, Pedregal No. 24, Piso 6-601, Col. Molino del Rey, Mexico City, MEX, MEX, 11040
Website
http://livcapital.mx
LIV Capital Acquisition Corp is a blank check company. The company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.