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A SPAC II Acquisition (A SPAC II Acquisition) ROCE % : -2.67% (As of Mar. 2024)


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What is A SPAC 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. A SPAC II Acquisition's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.67%.


A SPAC II Acquisition ROCE % Historical Data

The historical data trend for A SPAC 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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A SPAC II Acquisition ROCE % Chart

A SPAC II Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
- -0.41 -0.73

A SPAC II Acquisition Quarterly Data
Sep21 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 -0.38 -0.44 -1.06 -2.77 -2.67

A SPAC II Acquisition ROCE % Calculation

A SPAC II 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 )
=-0.842/( ( (207.504 - 0.021) + (22.372 - 0.157) )/ 2 )
=-0.842/( (207.483+22.215)/ 2 )
=-0.842/114.849
=-0.73 %

A SPAC II 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 )
=-0.596/( ( (22.372 - 0.157) + (22.527 - 0.17) )/ 2 )
=-0.596/( ( 22.215 + 22.357 )/ 2 )
=-0.596/22.286
=-2.67 %

(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.


A SPAC II Acquisition  (NAS:ASCB) 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.


A SPAC II Acquisition ROCE % Related Terms

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A SPAC II Acquisition (A SPAC II Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
289 Beach Road, Number 03-01, Singapore, SGP, 199552
Website
A SPAC II Acquisition Corp is a blank check company.
Executives
Maclean Malcolm F Iv director C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Claudius Tsang officer: CEO and CFO WICKHAMS CAY II, PO BOX 3170, ROAD TOWN, TORTOLA D8 00000
Ka Wo Chan director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Paul Cummins director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Bryan Biniak director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Anson Chan director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Spac Ii (holdings) Acquisition Corp. 10 percent owner CHEUNG KONG CENTER, 58 FLOOR, UNIT 5801, 2 QUEENS ROAD CENTRAL, CENTRAL K3 00000

A SPAC II Acquisition (A SPAC II Acquisition) Headlines

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