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Slam (SLAM) ROCE % : -4.09% (As of Dec. 2023)


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What is Slam 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. Slam's annualized ROCE % for the quarter that ended in Dec. 2023 was -4.09%.

Slam ROCE % Historical Data

The historical data trend for Slam'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.

* Premium members only.

Slam ROCE % Chart

Slam Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
- -1.18 -0.58 -1.34

Slam Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.47 -1.28 -1.06 -0.95 -4.09

Slam ROCE % Calculation

Slam'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 )
=-4.552/( ( (583.885 - 1.111) + (99.137 - 2.975) )/ 2 )
=-4.552/( (582.774+96.162)/ 2 )
=-4.552/339.468
=-1.34 %

Slam's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-7.488/( ( (271.692 - 1.761) + (99.137 - 2.975) )/ 2 )
=-7.488/( ( 269.931 + 96.162 )/ 2 )
=-7.488/183.0465
=-4.09 %

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

Slam  (NAS:SLAM) 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.

Slam ROCE % Related Terms

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Slam (SLAM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Slam Corp (NAS:SLAM) » Definitions » ROCE %
Comparable Companies
CCVI TRTL NETD HCVI CXAC NFNT APGB KCGI CNDA EMLD PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
SLAMU:USA
Address
55 Hudson Yards, 47th Floor, Suite C, New York, NY, USA, 10001
Website
https://www.slamcorp.com
Slam Corp is a blank check company.
Executives
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Ann Berry director C/O GOLDMAN, SACHS & CO., 200 WEST STREET, NEW YORK NY 10282
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Barbara M Byrne director C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Jagdeep Singh director C/O INFINERA CORPORATION, 169 JAVA DRIVE, SUNNYVALE CA 94089
Kelly Laferriere officer: President C/O SIX FLAGS INC, 1540 BROADWAY, NEW YORK NY 10036
Desiree Gruber director C/O DPCM CAPITAL, INC., 382 NE 191 STREET, #24148, MIAMI FL 33179
Himanshu Gulati director, officer: Chairman 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Slam Sponsor, Llc director, 10 percent owner 500 FIFTH AVENUE, NEW YORK NY 10110
Chetan Bansal director, officer: Chief Development Officer C/O SLAM CORP., 500 FIFTH AVENUE, NEW YORK NY 10110
Alexander Rodriguez director, officer: Chief Executive Officer C/O SLAM CORP., 500 FIFTH AVENUE, NEW YORK NY 10110
Joseph Taeid officer: Chief Financial Officer C/O SLAM CORP., 500 FIFTH AVENUE, NEW YORK NY 10110
Reginald Hudlin director C/O SLAM CORP., 500 FIFTH AVENUE, NEW YORK NY 10110