SSAAW (Science Strategic Acquisition Alpha) ROCE %: -0.32% (As of Sep. 2022)

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SSAAW Science Strategic Acquisition Corp Alpha SSAAW
24 GF Score
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! 1 Warning Sign
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What is Science Strategic Acquisition Alpha ROCE %?

Science Strategic Acquisition Alpha SSAAW 24 ROCE % is -0.32% as of Sep. 2022. GuruFocus rates SSAAW with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

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. Science Strategic Acquisition Alpha's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.32%.

Science Strategic Acquisition Alpha  (NAS:SSAAW) 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.

Science Strategic Acquisition Alpha ROCE % Related Terms

Science Strategic Acquisition Alpha ROCE % Historical Data

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The historical data trend for Science Strategic Acquisition Alpha'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.

Science Strategic Acquisition Alpha ROCE % Chart

Science Strategic Acquisition Alpha Annual Data
Trend Dec20 Dec21
ROCE %
0.00 -1.90

Science Strategic Acquisition Alpha Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial -0.91 -1.95 -0.41 -0.44 -0.32
SSAAW
24GF Score
Science Strategic Acquisition Corp Alpha SSAAW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Science Strategic Acquisition Alpha ROCE % Calculation

Science Strategic Acquisition Alpha'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 )
=-2.947/( ( (0.204 - 0.184) + (311.256 - 1.636) )/ 2 )
=-2.947/( (0.02+309.62)/ 2 )
=-2.947/154.82
=-1.90 %

Science Strategic Acquisition Alpha'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 )
=-0.996/( ( (311.531 - 2.334) + (312.401 - 2.714) )/ 2 )
=-0.996/( ( 309.197 + 309.687 )/ 2 )
=-0.996/309.442
=-0.32 %

(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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -0.32% mean?
Science Strategic Acquisition Alpha (SSAAW) has a ROCE % of -0.32% as of Sep. 2022.
Is Science Strategic Acquisition Alpha's ROCE % too high?
Science Strategic Acquisition Alpha's current ROCE % is -0.32%. Overall, Science Strategic Acquisition Alpha has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Science Strategic Acquisition Alpha's ROCE % compare to CSTA and TWCB?
Science Strategic Acquisition Alpha's ROCE % of -0.32% 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. Science Strategic Acquisition Alpha's current ROCE % is -0.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Science Strategic Acquisition Alpha stock overvalued right now?
Science Strategic Acquisition Alpha (SSAAW) has a current ROCE % of -0.32%. The current ROCE % is -0.32%. Science Strategic Acquisition Alpha's overall GF Score™ is 24/100 with 1 warning sign to review. 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 Science Strategic Acquisition Alpha (SSAAW), the current ROCE % is -0.32% as of Sep. 2022. 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.

Science Strategic Acquisition Alpha Business Description

Address 1447 2nd Street, Suite 200, Santa Monica, CA, USA, 90401
Science Strategic Acquisition Corp Alpha is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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