WPF.WS (Foley Trasimene Acquisition) ROCE % : -0.32% (As of Mar. 2021)

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What is Foley Trasimene Acquisition 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. Foley Trasimene Acquisition's annualized ROCE % for the quarter that ended in Mar. 2021 was -0.32%.

Foley Trasimene Acquisition ROCE % Historical Data

The historical data trend for Foley Trasimene Acquisition'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.

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Foley Trasimene Acquisition ROCE % Chart

Foley Trasimene Acquisition Annual Data

Trend

Dec20

ROCE %

Foley Trasimene Acquisition Semi-Annual Data
	Mar20	Jun20	Sep20	Dec20	Mar21
ROCE %	-	-0.02	-0.02	-0.29	-0.32

Foley Trasimene Acquisition ROCE % Calculation

Foley Trasimene Acquisition'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Foley Trasimene Acquisition's ROCE % of for the quarter that ended in Mar. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2021 )		(Q: Dec. 2020 )		(Q: Mar. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2021 )		(Q: Dec. 2020 )		(Q: Mar. 2021 )
	=	-3.258	/	( ( (1036.571 - 3.128)	+	(1036.401 - 6.097) )	/ 2 )
	=	-3.258	/	( ( 1033.443	+	1030.304 )	/ 2 )
	=	-3.258	/	1031.8735
	=	-0.32 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2021) EBIT data.

Foley Trasimene Acquisition (NYSE:WPF.WS) 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.

Foley Trasimene Acquisition ROCE % Related Terms

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