Spring Valley Acquisition (Spring Valley Acquisition) ROCE % : -0.35% (As of Dec. 2021)

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What is Spring Valley 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. Spring Valley Acquisition's annualized ROCE % for the quarter that ended in Dec. 2021 was -0.35%.

Spring Valley Acquisition ROCE % Historical Data

The historical data trend for Spring Valley 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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Spring Valley Acquisition ROCE % Chart

Spring Valley Acquisition Annual Data

Trend

Dec20

Dec21

ROCE %

-0.57

Spring Valley Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21
ROCE %	-	-0.51	-0.66	-0.76	-0.35

Spring Valley Acquisition ROCE % Calculation

Spring Valley Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-1.327	/	( ( (234.445 - 0.05)	+	(233.407 - 0.345) )	/ 2 )
	=	-1.327	/	( (234.395	+	233.062)	/ 2 )
	=	-1.327	/	233.7285
	=	-0.57 %

Spring Valley Acquisition's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2021 )		(Q: Sep. 2021 )		(Q: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2021 )		(Q: Sep. 2021 )		(Q: Dec. 2021 )
	=	-0.808	/	( ( (233.615 - 0.356)	+	(233.407 - 0.345) )	/ 2 )
	=	-0.808	/	( ( 233.259	+	233.062 )	/ 2 )
	=	-0.808	/	233.1605
	=	-0.35 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2021) EBIT data.

Spring Valley Acquisition (NAS:SVSVW) 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.

Spring Valley Acquisition ROCE % Related Terms

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