BNK 2 Special Purpose Acquisition Co (XKRX:473370) ROCE % : 7.41% (As of Sep. 2024)

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What is BNK 2 Special Purpose Acquisition Co 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. BNK 2 Special Purpose Acquisition Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.41%.

BNK 2 Special Purpose Acquisition Co ROCE % Historical Data

The historical data trend for BNK 2 Special Purpose 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.

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BNK 2 Special Purpose Acquisition Co ROCE % Chart

BNK 2 Special Purpose Acquisition Co Annual Data

Trend

Dec23

ROCE %

-0.46

BNK 2 Special Purpose Acquisition Co Quarterly Data
	Mar24	Jun24	Sep24
ROCE %	-0.02	-0.26	7.41

BNK 2 Special Purpose Acquisition Co ROCE % Calculation

BNK 2 Special Purpose Acquisition Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: . 20 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: . 20 )		(A: Dec. 2023 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

BNK 2 Special Purpose Acquisition Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	719.976	/	( ( (9626.787 - 5.953)	+	(9802.036 - 1.209) )	/ 2 )
	=	719.976	/	( ( 9620.834	+	9800.827 )	/ 2 )
	=	719.976	/	9710.8305
	=	7.41 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

BNK 2 Special Purpose Acquisition Co (XKRX:473370) 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.

BNK 2 Special Purpose Acquisition Co ROCE % Related Terms

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BNK 2 Special Purpose Acquisition Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » BNK 2 Special Purpose Acquisition Co (XKRX:473370) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6th floor, 24 Gukjegeumyung-ro 2-gil, Yeongdeungpo-gu, Yeouido-dong, BNK Financial Tower, Seoul, KOR

Website

https://www.bnkspac2.com

BNK 2 Special Purpose Acquisition Co is a special purpose acquisition company.

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