SWSSW (Clean Energy Special Situations) ROCE %: 0.46% (As of Sep. 2023)


SWSSW Clean Energy Special Situations Corp SWSSW
31 GF Score
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What is Clean Energy Special Situations ROCE %?

Clean Energy Special Situations SWSSW 31 ROCE % is 0.46% as of Sep. 2023. GuruFocus rates SWSSW with a GF Score™ of 31/100.

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. Clean Energy Special Situations's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.46%.

Clean Energy Special Situations  (OTCPK:SWSSW) 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.

Clean Energy Special Situations ROCE % Related Terms

Clean Energy Special Situations ROCE % Historical Data

* Premium members only.

The historical data trend for Clean Energy Special Situations'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.

Clean Energy Special Situations ROCE % Chart

Clean Energy Special Situations Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
0.00 -0.65 -0.69

Clean Energy Special Situations Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.28 -3.59 -2.07 1.02 0.46
SWSSW
31GF Score
Clean Energy Special Situations Corp SWSSW
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Clean Energy Special Situations ROCE % Calculation

Clean Energy Special Situations'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: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-1.203/( ( (174.104 - 0.245) + (175.488 - 0.79) )/ 2 )
=-1.203/( (173.859+174.698)/ 2 )
=-1.203/174.2785
=-0.69 %

Clean Energy Special Situations'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 )
=0.076/( ( (20.724 - 2.511) + (17.481 - 2.898) )/ 2 )
=0.076/( ( 18.213 + 14.583 )/ 2 )
=0.076/16.398
=0.46 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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 0.46% mean?
Clean Energy Special Situations (SWSSW) has a ROCE % of 0.46% as of Sep. 2023.
Is Clean Energy Special Situations' ROCE % too high?
Clean Energy Special Situations' current ROCE % is 0.46%. Overall, Clean Energy Special Situations has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Clean Energy Special Situations' ROCE % compare to CREEF and AEAE?
Clean Energy Special Situations' ROCE % of 0.46% 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. Clean Energy Special Situations's current ROCE % is 0.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Energy Special Situations stock overvalued right now?
Clean Energy Special Situations (SWSSW) has a current ROCE % of 0.46%. The current ROCE % is 0.46%. Clean Energy Special Situations' overall GF Score™ is 31/100. 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 Clean Energy Special Situations (SWSSW), the current ROCE % is 0.46% as of Sep. 2023. 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.

Clean Energy Special Situations Business Description

Address c/o Graubard Miller, 405 Lexington Avenue, 44th Floor, The Chrysler Building, New York, NY, USA, 10174
Clean Energy Special Situations Corp Formerly Springwater Special Situations Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.
31GF Score

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