RTPYW (Reinvent Technology Partners Y) ROCE %: -0.08% (As of Jun. 2021)

What is Reinvent Technology Partners Y ROCE %?

Reinvent Technology Partners Y RTPYW ROCE % is -0.08% as of Jun. 2021.

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. Reinvent Technology Partners Y's annualized ROCE % for the quarter that ended in Jun. 2021 was -0.08%.

Reinvent Technology Partners Y (NAS:RTPYW) 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.

Reinvent Technology Partners Y ROCE % Related Terms

Reinvent Technology Partners Y ROCE % Historical Data

* Premium members only.

The historical data trend for Reinvent Technology Partners Y'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.

Reinvent Technology Partners Y ROCE % Chart

Reinvent Technology Partners Y Annual Data

Trend

Dec20

ROCE %

0.00

Reinvent Technology Partners Y Semi-Annual Data
	Dec20	Mar21	Jun21
ROCE %	-271.43	-0.04	-0.08

Reinvent Technology Partners Y ROCE % Calculation

Reinvent Technology Partners Y's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: . 20 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: . 20 )		(A: Dec. 2020 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Reinvent Technology Partners Y's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	-0.8	/	( ( (979.772 - 0.487)	+	(979.37 - 0.849) )	/ 2 )
	=	-0.8	/	( ( 979.285	+	978.521 )	/ 2 )
	=	-0.8	/	978.903
	=	-0.08 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2021) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -0.08% mean?

Reinvent Technology Partners Y (RTPYW) has a ROCE % of -0.08% as of Jun. 2021.

Is Reinvent Technology Partners Y's ROCE % too high?

Reinvent Technology Partners Y's current ROCE % is -0.08%.

How does Reinvent Technology Partners Y's ROCE % compare to ?

Reinvent Technology Partners Y's ROCE % of -0.08% 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. Reinvent Technology Partners Y's current ROCE % is -0.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Reinvent Technology Partners Y stock overvalued right now?

Reinvent Technology Partners Y (RTPYW) has a current ROCE % of -0.08%. The current ROCE % is -0.08%. 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 Reinvent Technology Partners Y (RTPYW), the current ROCE % is -0.08% as of Jun. 2021. 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.

Reinvent Technology Partners Y Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies

Address 215 Park Avenue, Floor 11, New York, NY, USA, 10003

Reinvent Technology Partners Y is a blank check company.