ZLSSF (Zalatoris II Acquisition) ROCE %: -1.09% (As of Sep. 2023)


ZLSSF Zalatoris II Acquisition Corp ZLSSF
31 GF Score
Price $10.50
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What is Zalatoris II Acquisition ROCE %?

Zalatoris II Acquisition ZLSSF 31 ROCE % is -1.09% as of Sep. 2023. GuruFocus rates ZLSSF 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. Zalatoris II Acquisition's annualized ROCE % for the quarter that ended in Sep. 2023 was -1.09%.

Zalatoris II Acquisition  (OTCPK:ZLSSF) 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.

Zalatoris II Acquisition ROCE % Related Terms

Zalatoris II Acquisition ROCE % Historical Data

* Premium members only.

The historical data trend for Zalatoris II 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.

Zalatoris II Acquisition ROCE % Chart

Zalatoris II Acquisition Annual Data
Trend Dec21 Dec22
ROCE %
0.00 -2.36

Zalatoris II Acquisition Quarterly Data
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 -3.13 -1.52 -1.11 -0.09 -1.09
ZLSSF
31GF Score
Zalatoris II Acquisition Corp ZLSSF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zalatoris II Acquisition ROCE % Calculation

Zalatoris II Acquisition'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 )
=-5.162/( ( (220.615 - 1.14) + (223.004 - 5.354) )/ 2 )
=-5.162/( (219.475+217.65)/ 2 )
=-5.162/218.5625
=-2.36 %

Zalatoris II Acquisition'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 )
=-1.608/( ( (227.848 - 0) + (68.694 - 0.324) )/ 2 )
=-1.608/( ( 227.848 + 68.37 )/ 2 )
=-1.608/148.109
=-1.09 %

(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 -1.09% mean?
Zalatoris II Acquisition (ZLSSF) has a ROCE % of -1.09% as of Sep. 2023.
Is Zalatoris II Acquisition's ROCE % too high?
Zalatoris II Acquisition's current ROCE % is -1.09%. Overall, Zalatoris II Acquisition has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Zalatoris II Acquisition's ROCE % compare to ACAH and BMAC?
Zalatoris II Acquisition's ROCE % of -1.09% 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. Zalatoris II Acquisition's current ROCE % is -1.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalatoris II Acquisition stock overvalued right now?
Zalatoris II Acquisition (ZLSSF) has a current ROCE % of -1.09%. The current ROCE % is -1.09%. Zalatoris II Acquisition's 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 Zalatoris II Acquisition (ZLSSF), the current ROCE % is -1.09% 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.

Zalatoris II Acquisition Business Description

Address 31 Hudson Yards, 11th Floor, New York, NY, USA, 10005
Website www.xpac.com
Zalatoris II Acquisition Corp is a blank check company.
31GF Score

Get the complete analysis for ZLSSF

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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