MRCWF (Mercer Park Brand Acquisition) ROCE % : -0.32% (As of Mar. 2021)

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What is Mercer Park Brand 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. Mercer Park Brand Acquisition's annualized ROCE % for the quarter that ended in Mar. 2021 was -0.32%.

Mercer Park Brand Acquisition ROCE % Historical Data

The historical data trend for Mercer Park Brand 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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Mercer Park Brand Acquisition ROCE % Chart

Mercer Park Brand Acquisition Annual Data

Trend

Dec19

Dec20

ROCE %

0.24

Mercer Park Brand Acquisition Semi-Annual Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
ROCE %	Get a 7-Day Free Trial			0.32	-0.01	-0.03	-0.04	-0.32

Mercer Park Brand Acquisition ROCE % Calculation

Mercer Park Brand 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 )
	=	0.99	/	( ( (410.778 - 1.03)	+	(411.44 - 0.746) )	/ 2 )
	=	0.99	/	( (409.748	+	410.694)	/ 2 )
	=	0.99	/	410.221
	=	0.24 %

Mercer Park Brand Acquisition's ROCE % of for the quarter that ended in Mar. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2021 )		(Q: Dec. 2020 )		(Q: Mar. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2021 )		(Q: Dec. 2020 )		(Q: Mar. 2021 )
	=	-1.322	/	( ( (411.44 - 0.746)	+	(411.19 - 1.844) )	/ 2 )
	=	-1.322	/	( ( 410.694	+	409.346 )	/ 2 )
	=	-1.322	/	410.02
	=	-0.32 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2021) EBIT data.

Mercer Park Brand Acquisition (OTCPK:MRCWF) 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.

Mercer Park Brand Acquisition ROCE % Related Terms

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Mercer Park Brand Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mercer Park Brand Acquisition Corp (OTCPK:MRCWF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 Bay Street, Suite 3400, Toronto, ON, CAN, M5H 2S7

Website

Mercer Park Brand Acquisition Corp is a special purpose acquisition company.

Mercer Park Brand Acquisition Headlines

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