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Pyrophyte Acquisition (Pyrophyte Acquisition) ROCE % : -2.29% (As of Sep. 2023)


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What is Pyrophyte 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. Pyrophyte Acquisition's annualized ROCE % for the quarter that ended in Sep. 2023 was -2.29%.

Pyrophyte Acquisition ROCE % Historical Data

The historical data trend for Pyrophyte 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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Pyrophyte Acquisition ROCE % Chart

Pyrophyte Acquisition Annual Data
Trend Dec21 Dec22
ROCE %
- -1.29

Pyrophyte Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.49 -1.27 -0.82 -1.55 -2.29

Pyrophyte Acquisition ROCE % Calculation

Pyrophyte 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 )
=-2.699/( ( (207.946 - 0.13) + (210.012 - 0.222) )/ 2 )
=-2.699/( (207.816+209.79)/ 2 )
=-2.699/208.803
=-1.29 %

Pyrophyte Acquisition's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-2.188/( ( (95.731 - 0.793) + (97.648 - 1.261) )/ 2 )
=-2.188/( ( 94.938 + 96.387 )/ 2 )
=-2.188/95.6625
=-2.29 %

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

Pyrophyte Acquisition  (NYSE:PHYT) 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.

Pyrophyte Acquisition ROCE % Related Terms

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Pyrophyte Acquisition (Pyrophyte Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pyrophyte Acquisition Corp (NYSE:PHYT) » Definitions » ROCE %
Comparable Companies
CFFS RCFA ISRL PRPC PPYA MCAA VADP NFYS BFAC KVAC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
3262 Westheimer Road, Suite 706, Houston, TX, USA, 77098
Website
https://www.pyrophytespac.com
Pyrophyte Acquisition Corp is a blank check company.
Executives
Bernard J Duroc-danner director 4-6 RUE JEAN-FRANCOIS BARTHOLONI, GENEVA V8 1204
Sten L. Gustafson director, officer: Chief Executive Officer CITYCENTRE TWO, 818 TOWN & COUNTRY BLVD., SUITE 200, HOUSTON TX 77024
Adam Pierce director C/O OAKTREE CAPITAL MANAGEMENT LLC, 333 S GRAND AVENUE 28TH FLOOR, LOS ANGELES CA 90071
Pyrophyte Acquisition Llc director, 10 percent owner 3262 WESTHEIMER RD., SUITE 706, HOUSTON TX 77098
Hassin Bryan Guido director 3262 WESTHEIMER RD., SUITE 706, HOUSTON TX 77098
Pedersen Per Hornung director 3262 WESTHEIMER RD., SUITE 706, HOUSTON TX 77098
Thomas W Major officer: CFO & EVP of Business Devpt. 3262 WESTHEIMER RD., SUITE 706, HOUSTON TX 77098