NBSTU (Newbury Street Acquisition) ROCE %: -11.94% (As of Mar. 2024)

What is Newbury Street Acquisition ROCE %?

Newbury Street Acquisition NBSTU ROCE % is -11.94% as of Mar. 2024. The stock has 3 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. Newbury Street Acquisition's annualized ROCE % for the quarter that ended in Mar. 2024 was -11.94%.

Newbury Street Acquisition (OTCPK:NBSTU) 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.

Newbury Street Acquisition ROCE % Related Terms

Newbury Street Acquisition ROCE % Historical Data

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The historical data trend for Newbury Street 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.

Newbury Street Acquisition ROCE % Chart

Newbury Street Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-0.53

-2.21

-2.62

Newbury Street Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								-2.85	-3.56	-6.12	-8.00	-11.94

Newbury Street Acquisition ROCE % Calculation

Newbury Street 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 )
	=	-1.879	/	( ( (130.082 - 2.642)	+	(22.542 - 6.276) )	/ 2 )
	=	-1.879	/	( (127.44	+	16.266)	/ 2 )
	=	-1.879	/	71.853
	=	-2.62 %

Newbury Street Acquisition's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-1.356	/	( ( (22.542 - 6.276)	+	(22.965 - 16.512) )	/ 2 )
	=	-1.356	/	( ( 16.266	+	6.453 )	/ 2 )
	=	-1.356	/	11.3595
	=	-11.94 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -11.94% mean?

Newbury Street Acquisition (NBSTU) has a ROCE % of -11.94% as of Mar. 2024.

Is Newbury Street Acquisition's ROCE % too high?

Newbury Street Acquisition's current ROCE % is -11.94%.

How does Newbury Street Acquisition's ROCE % compare to WELNF and FTII?

Newbury Street Acquisition's ROCE % of -11.94% 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. Newbury Street Acquisition's current ROCE % is -11.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Newbury Street Acquisition stock overvalued right now?

Newbury Street Acquisition (NBSTU) has a current ROCE % of -11.94%. The current ROCE % is -11.94%. 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 Newbury Street Acquisition (NBSTU), the current ROCE % is -11.94% as of Mar. 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.

Newbury Street Acquisition Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies WELNF FTII ALSAF TETEF WINV TBMC MSSA ALCY FORL IGTA AACT ANSC AAM GATE EQV NETD CCIX KFII CCIR GPAT

Address 121 High Street, Floor 3, Boston, MA, USA, 02110

Newbury Street Acquisition Corp is a blank check company.