VHNAW (Vahanna Tech Edge Acquisition I) ROCE %: 0.15% (As of Jun. 2023)

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VHNAW Vahanna Tech Edge Acquisition I Corp VHNAW
20 GF Score
Price $0.12
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What is Vahanna Tech Edge Acquisition I ROCE %?

Vahanna Tech Edge Acquisition I VHNAW +11.73% 20 ROCE % is 0.15% as of Jun. 2023. GuruFocus rates VHNAW with a GF Score™ of 20/100.

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. Vahanna Tech Edge Acquisition I's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.15%.

Vahanna Tech Edge Acquisition I  (NAS:VHNAW) 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.

Vahanna Tech Edge Acquisition I ROCE % Related Terms

Vahanna Tech Edge Acquisition I ROCE % Historical Data

* Premium members only.

The historical data trend for Vahanna Tech Edge Acquisition I'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.

Vahanna Tech Edge Acquisition I ROCE % Chart

Vahanna Tech Edge Acquisition I Annual Data
Trend Dec21 Dec22
ROCE %
0.00 -0.97

Vahanna Tech Edge Acquisition I Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROCE % Get a 7-Day Free Trial Premium Member Only -0.18 -0.62 -2.27 -4.10 0.15
VHNAW
20GF Score
Vahanna Tech Edge Acquisition I Corp VHNAW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vahanna Tech Edge Acquisition I ROCE % Calculation

Vahanna Tech Edge Acquisition I'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 )
=-1.995/( ( (205.385 - 0.508) + (207.291 - 1.431) )/ 2 )
=-1.995/( (204.877+205.86)/ 2 )
=-1.995/205.3685
=-0.97 %

Vahanna Tech Edge Acquisition I's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=0.312/( ( (209.561 - 3.61) + (213.127 - 7.15) )/ 2 )
=0.312/( ( 205.951 + 205.977 )/ 2 )
=0.312/205.964
=0.15 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 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 0.15% mean?
Vahanna Tech Edge Acquisition I (VHNAW) has a ROCE % of 0.15% as of Jun. 2023.
Is Vahanna Tech Edge Acquisition I's ROCE % too high?
Vahanna Tech Edge Acquisition I's current ROCE % is 0.15%. Overall, Vahanna Tech Edge Acquisition I has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Vahanna Tech Edge Acquisition I's ROCE % compare to APAC and TCAC?
Vahanna Tech Edge Acquisition I's ROCE % of 0.15% 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. Vahanna Tech Edge Acquisition I's current ROCE % is 0.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vahanna Tech Edge Acquisition I stock overvalued right now?
Vahanna Tech Edge Acquisition I (VHNAW) has a current ROCE % of 0.15%. The current ROCE % is 0.15%. Vahanna Tech Edge Acquisition I's overall GF Score™ is 20/100. 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 Vahanna Tech Edge Acquisition I (VHNAW), the current ROCE % is 0.15% as of Jun. 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.

Vahanna Tech Edge Acquisition I Business Description

Address 1230 Avenue of the Americas, 16th Floor, New York, NY, USA, 10020
Vahanna Tech Edge Acquisition I Corp is a newly blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
20GF Score

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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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