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SPKBU (Silver Spike Acquisition II) ROCE % : -0.24% (As of Sep. 2022)


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What is Silver Spike Acquisition II 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. Silver Spike Acquisition II's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.24%.

Silver Spike Acquisition II ROCE % Historical Data

The historical data trend for Silver Spike Acquisition II'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.

Silver Spike Acquisition II ROCE % Chart

Silver Spike Acquisition II Annual Data
Trend Dec20 Dec21
ROCE %
-25.00 -1.63

Silver Spike Acquisition II Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial -1.66 -0.56 -1.21 -0.37 -0.24

Silver Spike Acquisition II ROCE % Calculation

Silver Spike Acquisition II'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: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-2.338/( ( (0.1 - 0.08) + (288.513 - 1.323) )/ 2 )
=-2.338/( (0.02+287.19)/ 2 )
=-2.338/143.605
=-1.63 %

Silver Spike Acquisition II'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 )
=-0.68/( ( (288.404 - 1.462) + (289.78 - 1.515) )/ 2 )
=-0.68/( ( 286.942 + 288.265 )/ 2 )
=-0.68/287.6035
=-0.24 %

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

Silver Spike Acquisition II  (NAS:SPKBU) 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.

Silver Spike Acquisition II ROCE % Related Terms

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Silver Spike Acquisition II Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Silver Spike Acquisition Corp II (NAS:SPKBU) » Definitions » ROCE %
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Traded in Other Exchanges
N/A
Address
660 Madison Avenue, Suite 1600, New York, NY, USA, 10065
Website
https://www.silverspikecap.com
Silver Spike Acquisition Corp II is a blank check company.
Executives
Orrin Devinsky director 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Richard M. Goldman director 390 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Kenneth H. Landis director 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Scott Gordon director, officer: CEO and Chairman 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
William Healy director, officer: President and Director 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Gregory M. Gentile officer: Chief Financial Officer 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Silver Spike Sponsor Ii, Llc 10 percent owner 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065