GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Berenson Acquisition Corp I (AMEX:BACA) » Definitions » ROCE %

Berenson Acquisition I (Berenson Acquisition I) ROCE % : -13.80% (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Berenson Acquisition I 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. Berenson Acquisition I's annualized ROCE % for the quarter that ended in Sep. 2023 was -13.80%.


Berenson Acquisition I ROCE % Historical Data

The historical data trend for Berenson Acquisition I'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.

Berenson Acquisition I ROCE % Chart

Berenson Acquisition I Annual Data
Trend Dec21 Dec22
ROCE %
- -0.59

Berenson Acquisition I Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.38 -0.66 -1.78 -3.41 -13.80

Berenson Acquisition I ROCE % Calculation

Berenson Acquisition I's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-1.623/( ( (276.44 - 0.209) + (279.196 - 1.469) )/ 2 )
=-1.623/( (276.231+277.727)/ 2 )
=-1.623/276.979
=-0.59 %

Berenson Acquisition I's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-2.464/( ( (27.32 - 1.262) + (11.405 - 1.746) )/ 2 )
=-2.464/( ( 26.058 + 9.659 )/ 2 )
=-2.464/17.8585
=-13.80 %

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


Berenson Acquisition I  (AMEX:BACA) 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.


Berenson Acquisition I ROCE % Related Terms

Thank you for viewing the detailed overview of Berenson Acquisition I's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Berenson Acquisition I (Berenson Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
667 Madison Avenue, 18th Floor, New York, NY, USA, 10065
Berenson Acquisition Corp I is a newly incorporated blank check company.
Executives
Carl Ferenbach director CROWN CASTLE INTERNATIONAL CORP, 510 BERING DR STE 500, HOUSTON TX 77057
Jeffrey L Berenson director C/O EPOCH HOLDING CORPORATION, 640 FIFTH AVENUE, NEW YORK, NY 10019
Kaumudi Kay Kapoor director 9814 POTOMAC MANORS DRIVE, POTOMAC MD 20854
David Panton director C/O D AND Z MEDIA ACQUISITION CORP., 2870 PEACHTREE ROAD NW, SUITE 509, ATLANTA GA 30305
Ronald Kasner director 667 MADISON AVENUE, 18TH FLOOR, C/O BERENSON ACQUISITION CORP. I, NEW YORK NY 10065
Amir M. Hegazy officer: Chief Financial Officer 667 MADISON AVENUE, 18TH FLOOR, C/O BERENSON ACQUISITION CORP. I, NEW YORK NY 10065
Gal Munda director 667 MADISON AVENUE, 18TH FLOOR, C/O BERENSON ACQUISITION CORP. I, NEW YORK NY 10065
Mohammed M. Ansari director, officer: Chief Executive Officer 667 MADISON AVENUE, 18TH FLOOR, C/O BERENSON ACQUISITION CORP. I, NEW YORK NY 10065
Berenson Spac Holdings I, Llc 10 percent owner 667 MADISON AVENUE, 18TH FLOOR, NEW YORK NY 10065