Pono Capital Three (Pono Capital Three) ROCE % : -2.03% (As of Sep. 2023)

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What is Pono Capital Three 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. Pono Capital Three's annualized ROCE % for the quarter that ended in Sep. 2023 was -2.03%.

Pono Capital Three ROCE % Historical Data

The historical data trend for Pono Capital Three'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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Pono Capital Three ROCE % Chart

Pono Capital Three Annual Data

Trend

Dec22

ROCE %

Pono Capital Three Quarterly Data
	May22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial			-18.18	-126.32	-0.87	-0.99	-2.03

Pono Capital Three ROCE % Calculation

Pono Capital Three'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: . 20 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: . 20 )		(A: Dec. 2022 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Pono Capital Three'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 )
	=	-2.448	/	( ( (120.42 - 0.161)	+	(121.702 - 1.251) )	/ 2 )
	=	-2.448	/	( ( 120.259	+	120.451 )	/ 2 )
	=	-2.448	/	120.355
	=	-2.03 %

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

Pono Capital Three (NAS:PTHRW) 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.

Pono Capital Three ROCE % Related Terms

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