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CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) ROCE % : 3.62% (As of Jun. 2023)


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What is CC Neuberger Principal Holdings III 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. CC Neuberger Principal Holdings III's annualized ROCE % for the quarter that ended in Jun. 2023 was 3.62%.


CC Neuberger Principal Holdings III ROCE % Historical Data

The historical data trend for CC Neuberger Principal Holdings III'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.

* Premium members only.

CC Neuberger Principal Holdings III ROCE % Chart

CC Neuberger Principal Holdings III Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
- -4.47 8.38

CC Neuberger Principal Holdings III Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.61 3.68 5.86 -1.14 3.62

CC Neuberger Principal Holdings III ROCE % Calculation

CC Neuberger Principal Holdings III'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 )
=34.053/( ( (404.391 - 0.441) + (408.987 - 0.492) )/ 2 )
=34.053/( (403.95+408.495)/ 2 )
=34.053/406.2225
=8.38 %

CC Neuberger Principal Holdings III'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 )
=1.728/( ( (47.964 - 0.621) + (48.675 - 0.609) )/ 2 )
=1.728/( ( 47.343 + 48.066 )/ 2 )
=1.728/47.7045
=3.62 %

(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.


CC Neuberger Principal Holdings III  (NYSE:PRPC.U) 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.


CC Neuberger Principal Holdings III ROCE % Related Terms

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CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, 58th Floor, New York, NY, USA, 10166
CC Neuberger Principal Holdings III is a blank check company.
Executives
Matthew Mannelly director C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Hackney Jesse Joel Jr director 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Chinh Chu director, officer: Chief Executive Officer THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Jason K Giordano officer: EVP, Corporate Development 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Matthew Skurbe officer: Chief Financial Officer C/O CC NEUBERGER PRINCIPAL HOLDINGS II, 200 PARK AVE, 58TH FLOOR, NEW YORK NY 10166
Keith W Abell director 388 GREENWICH STREET 36TH FLOOR, NEW YORK NY 10013
Douglas Newton officer: EVP, Corporate Development 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Charles Kantor director C/O NEUBERGER BERMAN, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Cc Neuberger Principal Holdings Iii Sponsor Llc director, 10 percent owner C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166

CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Headlines

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