MITAW (Coliseum Acquisition) ROCE %: -19.52% (As of Sep. 2024)

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MITAW Coliseum Acquisition Corp MITAW
25 GF Score
Price $0.07
! 2 Warning Signs
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What is Coliseum Acquisition ROCE %?

Coliseum Acquisition MITAW -22.22% 25 ROCE % is -19.52% as of Sep. 2024. GuruFocus rates MITAW with a GF Score™ of 25/100. The stock has 2 warning signs investors should review.

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. Coliseum Acquisition's annualized ROCE % for the quarter that ended in Sep. 2024 was -19.52%.

Coliseum Acquisition  (NAS:MITAW) 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.

Coliseum Acquisition ROCE % Related Terms

Coliseum Acquisition ROCE % Historical Data

* Premium members only.

The historical data trend for Coliseum 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.

Coliseum Acquisition ROCE % Chart

Coliseum Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
0.00 -0.82 -2.13

Coliseum Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.46 -6.39 -4.71 -15.22 -19.52
MITAW
25GF Score
Coliseum Acquisition Corp MITAW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Coliseum Acquisition ROCE % Calculation

Coliseum Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-1.931/( ( (152.82 - 0.196) + (30.97 - 2.241) )/ 2 )
=-1.931/( (152.624+28.729)/ 2 )
=-1.931/90.6765
=-2.13 %

Coliseum Acquisition's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-4.236/( ( (31.88 - 3.746) + (20.096 - 4.838) )/ 2 )
=-4.236/( ( 28.134 + 15.258 )/ 2 )
=-4.236/21.696
=-19.52 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -19.52% mean?
Coliseum Acquisition (MITAW) has a ROCE % of -19.52% as of Sep. 2024.
Is Coliseum Acquisition's ROCE % too high?
Coliseum Acquisition's current ROCE % is -19.52%. Overall, Coliseum Acquisition has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Coliseum Acquisition's ROCE % compare to HAIAF and PORT?
Coliseum Acquisition's ROCE % of -19.52% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Coliseum Acquisition's current ROCE % is -19.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coliseum Acquisition stock overvalued right now?
Coliseum Acquisition (MITAW) has a current ROCE % of -19.52%. The current ROCE % is -19.52%. Coliseum Acquisition's overall GF Score™ is 25/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Coliseum Acquisition (MITAW), the current ROCE % is -19.52% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Coliseum Acquisition Business Description

Address 1180 North Town Center Drive, Suite 100, Las Vegas, NV, USA, 89144
Coliseum Acquisition Corp is a blank check company.
25GF Score

Get the complete analysis for MITAW

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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