VMACW (Vistas Media Acquisition Co) ROCE %: -0.63% (As of Sep. 2020)

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What is Vistas Media Acquisition Co ROCE %?

Vistas Media Acquisition Co VMACW ROCE % is -0.63% as of Sep. 2020.

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. Vistas Media Acquisition Co's annualized ROCE % for the quarter that ended in Sep. 2020 was -0.63%.

Vistas Media Acquisition Co  (NAS:VMACW) 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.

Vistas Media Acquisition Co ROCE % Related Terms

Vistas Media Acquisition Co ROCE % Historical Data

* Premium members only.

The historical data trend for Vistas Media Acquisition Co'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.

Vistas Media Acquisition Co ROCE % Chart

Vistas Media Acquisition Co Annual Data
Trend Dec20
ROCE %
0.00

Vistas Media Acquisition Co Semi-Annual Data
Jun20 Sep20 Jun21
ROCE % -8.70 -0.63 -0.44

Vistas Media Acquisition Co ROCE % Calculation

Vistas Media Acquisition Co'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 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Vistas Media Acquisition Co's ROCE % of for the quarter that ended in Sep. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2020 )  (Q: Jun. 2020 )(Q: Sep. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2020 )  (Q: Jun. 2020 )(Q: Sep. 2020 )
=-0.316/( ( (0.082 - 0.059) + (100.864 - 0.032) )/ 2 )
=-0.316/( ( 0.023 + 100.832 )/ 2 )
=-0.316/50.4275
=-0.63 %

(1) Note: The EBIT data used here is one times the annual (Sep. 2020) 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 -0.63% mean?
Vistas Media Acquisition Co (VMACW) has a ROCE % of -0.63% as of Sep. 2020.
Is Vistas Media Acquisition Co's ROCE % too high?
Vistas Media Acquisition Co's current ROCE % is -0.63%.
How does Vistas Media Acquisition Co's ROCE % compare to ?
Vistas Media Acquisition Co's ROCE % of -0.63% 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. Vistas Media Acquisition Co's current ROCE % is -0.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vistas Media Acquisition Co stock overvalued right now?
Vistas Media Acquisition Co (VMACW) has a current ROCE % of -0.63%. The current ROCE % is -0.63%. 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 Vistas Media Acquisition Co (VMACW), the current ROCE % is -0.63% as of Sep. 2020. 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.

Vistas Media Acquisition Co Business Description

Comparable Companies
Address 30 Wall Street, 8th Floor, New York, NY, USA, 10005
Vistas Media Acquisition Co Inc is a blank check company.