Aries I Acquisition (Aries I Acquisition) ROCE % : -3.24% (As of Sep. 2022)

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What is Aries I 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. Aries I Acquisition's annualized ROCE % for the quarter that ended in Sep. 2022 was -3.24%.

Aries I Acquisition ROCE % Historical Data

The historical data trend for Aries I 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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Aries I Acquisition ROCE % Chart

Aries I Acquisition Annual Data

Trend

Dec21

ROCE %

-1.61

Aries I Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial			-1.34	-3.21	-1.99	-1.63	-3.24

Aries I Acquisition ROCE % Calculation

Aries I Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: . 20 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: . 20 )		(A: Dec. 2021 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Aries I Acquisition's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	-2.66	/	( ( (146.524 - 2.599)	+	(23.823 - 3.551) )	/ 2 )
	=	-2.66	/	( ( 143.925	+	20.272 )	/ 2 )
	=	-2.66	/	82.0985
	=	-3.24 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Aries I Acquisition (NAS:RAM) 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.

Aries I Acquisition ROCE % Related Terms

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Aries I Acquisition (Aries I Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aries I Acquisition Corp (NAS:RAM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 N. Church Street, P.O. Box 10315, Grand Cayman, CYM, KY-1003

Website

https://www.ariescorp.io

Aries I Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

Petros Kitsos	director	1901 AVENUE OF THE STARS, SUITE 200, LOS ANGELES CA 90067
Ritchie A R Thane	director	RITCHIE CAPITAL MANAGEMENT LLC, 2100 ENTERPRISE AVE, GENEVA IL 60134
Buford Ray Conley	director	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Aries Acquisition Partners Ltd	10 percent owner	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Dan Tapiero	director	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Randy Brinkley	director, officer: Chief Executive Officer	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Paul S. Wolfe	officer: Chief Operating Officer	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Ken Rosenblum	officer: General Counsel and Secretary	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Andrew Lester	officer: Chief Risk Officer	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Josh Lewis	officer: Chief Information Officer	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Nathan Smith	officer: Chief Financial Officer	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Dan K. Webb	director	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Mark G. Mykityshyn	director	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003