Agriculture & Natural Solutions Acquisition (Agriculture & Natural Solutions Acquisition) ROCE % : -0.63% (As of Mar. 2024)

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What is Agriculture & Natural Solutions 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. Agriculture & Natural Solutions Acquisition's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.63%.

Agriculture & Natural Solutions Acquisition ROCE % Historical Data

The historical data trend for Agriculture & Natural Solutions 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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Agriculture & Natural Solutions Acquisition ROCE % Chart

Agriculture & Natural Solutions Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-6.45

-0.66

Agriculture & Natural Solutions Acquisition Quarterly Data
	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial						-26.67	-	-	-2.65	-0.63

Agriculture & Natural Solutions Acquisition ROCE % Calculation

Agriculture & Natural Solutions 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 )
	=	-1.151	/	( ( (0.774 - 0.759)	+	(348.222 - 0.239) )	/ 2 )
	=	-1.151	/	( (0.015	+	347.983)	/ 2 )
	=	-1.151	/	173.999
	=	-0.66 %

Agriculture & Natural Solutions 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 )
	=	-2.204	/	( ( (348.222 - 0.239)	+	(352.794 - 0.394) )	/ 2 )
	=	-2.204	/	( ( 347.983	+	352.4 )	/ 2 )
	=	-2.204	/	350.1915
	=	-0.63 %

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

Agriculture & Natural Solutions Acquisition (NAS:ANSC) 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.

Agriculture & Natural Solutions Acquisition ROCE % Related Terms

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Agriculture & Natural Solutions Acquisition (Agriculture & Natural Solutions Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Agriculture & Natural Solutions Acquisition Corp (NAS:ANSC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

712 Fifth Avenue, 36th Floor, New York, NY, USA, 10019

Website

Agriculture & Natural Solutions Acquisition Corp is a blank check company.

Agriculture & Natural Solutions Acquisition (Agriculture & Natural Solutions Acquisition) Headlines

From GuruFocus

Agriculture & Natural Solutions Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing January 2, 2024

By PRNewswire • 01-02-2024