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

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What is Zalatoris II 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. Zalatoris II Acquisition's annualized ROCE % for the quarter that ended in Sep. 2023 was -1.09%.

Zalatoris II Acquisition ROCE % Historical Data

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.

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Zalatoris II Acquisition ROCE % Chart

Zalatoris II Acquisition Annual Data

Trend

Dec21

Dec22

ROCE %

-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						-3.13	-1.52	-1.11	-0.09	-1.09

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.

Zalatoris II Acquisition (NAS:ZLSWU) 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

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