Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) ROCE % : -13.65% (As of Mar. 2024)

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What is Blockchain Coinvestors 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. Blockchain Coinvestors Acquisition I's annualized ROCE % for the quarter that ended in Mar. 2024 was -13.65%.

Blockchain Coinvestors Acquisition I ROCE % Historical Data

The historical data trend for Blockchain Coinvestors 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.

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Blockchain Coinvestors Acquisition I ROCE % Chart

Blockchain Coinvestors Acquisition I Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-1.40

-1.28

Blockchain Coinvestors Acquisition I Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial							-1.53	-15.47	-4.77	11.18	-13.65

Blockchain Coinvestors Acquisition I ROCE % Calculation

Blockchain Coinvestors Acquisition I'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 )
	=	-2.094	/	( ( (310.903 - 4.551)	+	(27.807 - 6.515) )	/ 2 )
	=	-2.094	/	( (306.352	+	21.292)	/ 2 )
	=	-2.094	/	163.822
	=	-1.28 %

Blockchain Coinvestors Acquisition I'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 )
	=	-3.02	/	( ( (27.807 - 6.515)	+	(27.808 - 4.865) )	/ 2 )
	=	-3.02	/	( ( 21.292	+	22.943 )	/ 2 )
	=	-3.02	/	22.1175
	=	-13.65 %

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

Blockchain Coinvestors Acquisition I (NAS:BCSAU) 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.

Blockchain Coinvestors Acquisition I ROCE % Related Terms

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Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Blockchain Coinvestors Acquisition Corp I (NAS:BCSAU) » Definitions » ROCE %

Comparable Companies

VCXB LCW GAQ FLME CHEA EVE HCMA SUAC ALCY HHLA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Traded in Other Exchanges

BCSA:USA

Address

Boundary Hall, Cricket Square, PO Box 1093, Grand Cayman, CYM, KY1-1102

Website

https://www.blockchaincac1.com

Blockchain Coinvestors Acquisition Corp I is a blank check company.

Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) Headlines

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