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Mercato Partners Acquisition (Mercato Partners Acquisition) ROCE % : -7.38% (As of Jun. 2023)


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What is Mercato Partners 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. Mercato Partners Acquisition's annualized ROCE % for the quarter that ended in Jun. 2023 was -7.38%.

Mercato Partners Acquisition ROCE % Historical Data

The historical data trend for Mercato Partners 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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Mercato Partners Acquisition ROCE % Chart

Mercato Partners Acquisition Annual Data
Trend Dec21 Dec22
ROCE %
- -0.82

Mercato Partners Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.72 -0.79 -1.26 -9.91 -7.38

Mercato Partners Acquisition ROCE % Calculation

Mercato Partners 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 )
=-1.928/( ( (234.358 - 0.256) + (237.097 - 2.116) )/ 2 )
=-1.928/( (234.102+234.981)/ 2 )
=-1.928/234.5415
=-0.82 %

Mercato Partners Acquisition's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=-2.764/( ( (45.648 - 8.069) + (45.554 - 8.232) )/ 2 )
=-2.764/( ( 37.579 + 37.322 )/ 2 )
=-2.764/37.4505
=-7.38 %

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

Mercato Partners Acquisition  (NAS:MPRAU) 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.

Mercato Partners Acquisition ROCE % Related Terms

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Mercato Partners Acquisition (Mercato Partners Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mercato Partners Acquisition Corp (NAS:MPRAU) » Definitions » ROCE %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
2750 E. Cottonwood Parkway, Suite No. 500, Cottonwood Heights, UT, USA, 84121
Website
https://www.mercatopartners.com
Mercato Partners Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination.