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Battery Future Acquisition (Battery Future Acquisition) ROCE % : -0.65% (As of Mar. 2024)


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What is Battery Future 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. Battery Future Acquisition's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.65%.

Battery Future Acquisition ROCE % Historical Data

The historical data trend for Battery Future 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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Battery Future Acquisition ROCE % Chart

Battery Future Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
- -0.44 -1.68

Battery Future Acquisition Quarterly Data
Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.47 2.74 2.71 -37.45 -0.65

Battery Future Acquisition ROCE % Calculation

Battery Future Acquisition'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: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-3.43/( ( (357.665 - 0.627) + (56.82 - 4.726) )/ 2 )
=-3.43/( (357.038+52.094)/ 2 )
=-3.43/204.566
=-1.68 %

Battery Future Acquisition's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-0.356/( ( (56.82 - 4.726) + (57.41 - 0.07) )/ 2 )
=-0.356/( ( 52.094 + 57.34 )/ 2 )
=-0.356/54.717
=-0.65 %

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

Battery Future Acquisition  (NYSE:BFAC) 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.

Battery Future Acquisition ROCE % Related Terms

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Battery Future Acquisition (Battery Future Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Battery Future Acquisition Corp (NYSE:BFAC) » Definitions » ROCE %
Comparable Companies
VADP PRPC CONX ISRL CFIV BOAC PHYT CFFS RCFA PPYA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
777 Brickell Avenue, No.500-97545, Miami, FL, USA, 33131
Website
https://www.futureacquisition.com
Battery Future Acquisition Corp is a blank check company.
Executives
Josh Payne officer: Chief Operating Officer 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Adrian Griffin director 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Simon Hay director 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Greg Martyr director, officer: Chief Executive Officer 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Battery Future Sponsor Llc 10 percent owner 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Kristopher Salinger director, 10 percent owner, officer: Chief Financial Officer 51 NW 26TH STREET SUITE 533, MIAMI FL 33127
Erez Ichilov director 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Nicholas O'loughlin officer: Chief Development Officer 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Natalia Streltsova director C/O BATTERY FUTURE ACQUISITION CORP., 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Jessica Fung director C/O BATTERY FUTURE ACQUISITION CORP., 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127