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Bullpen Parlay Acquisition Co (Bullpen Parlay Acquisition Co) ROCE % : -0.90% (As of Mar. 2023)


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What is Bullpen Parlay Acquisition Co 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. Bullpen Parlay Acquisition Co's annualized ROCE % for the quarter that ended in Mar. 2023 was -0.90%.

Bullpen Parlay Acquisition Co ROCE % Historical Data

The historical data trend for Bullpen Parlay Acquisition Co'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.

Bullpen Parlay Acquisition Co ROCE % Chart

Bullpen Parlay Acquisition Co Annual Data
Trend Dec21 Dec22
ROCE %
- -0.88

Bullpen Parlay Acquisition Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROCE % Get a 7-Day Free Trial Premium Member Only -0.88 -0.87 -0.83 -0.95 -0.90

Bullpen Parlay Acquisition Co ROCE % Calculation

Bullpen Parlay Acquisition Co'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 )
=-2.081/( ( (237.722 - 2.068) + (237.713 - 1.142) )/ 2 )
=-2.081/( (235.654+236.571)/ 2 )
=-2.081/236.1125
=-0.88 %

Bullpen Parlay Acquisition Co's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=-2.128/( ( (237.713 - 1.142) + (239.84 - 1.467) )/ 2 )
=-2.128/( ( 236.571 + 238.373 )/ 2 )
=-2.128/237.472
=-0.90 %

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

Bullpen Parlay Acquisition Co  (NAS:BPACU) 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.

Bullpen Parlay Acquisition Co ROCE % Related Terms

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Bullpen Parlay Acquisition Co (Bullpen Parlay Acquisition Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bullpen Parlay Acquisition Co (NAS:BPACU) » Definitions » ROCE %
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Traded in Other Exchanges
N/A
Address
38 Keyes Ave, Suite 100, San Francisco, CA, USA, 94129
Website
https://bullpenparlayacquisitioncompany.gcs-web.co
Bullpen Parlay Acquisition Co is a blank check company. It is formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.