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Beard Energy Transition Acquisition (Beard Energy Transition Acquisition) ROCE % : -0.78% (As of Sep. 2023)


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What is Beard Energy Transition 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. Beard Energy Transition Acquisition's annualized ROCE % for the quarter that ended in Sep. 2023 was -0.78%.

Beard Energy Transition Acquisition ROCE % Historical Data

The historical data trend for Beard Energy Transition 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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Beard Energy Transition Acquisition ROCE % Chart

Beard Energy Transition Acquisition Annual Data
Trend Dec21 Dec22
ROCE %
- -0.63

Beard Energy Transition Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.36 -0.84 -1.23 0.05 -0.78

Beard Energy Transition Acquisition ROCE % Calculation

Beard Energy Transition Acquisition'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 )
=-1.495/( ( (237.069 - 0.359) + (239.352 - 1.435) )/ 2 )
=-1.495/( (236.71+237.917)/ 2 )
=-1.495/237.3135
=-0.63 %

Beard Energy Transition Acquisition'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 )
=-0.588/( ( (78.654 - 3.47) + (80.544 - 4.725) )/ 2 )
=-0.588/( ( 75.184 + 75.819 )/ 2 )
=-0.588/75.5015
=-0.78 %

(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.

Beard Energy Transition Acquisition  (NYSE:BRD) 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.

Beard Energy Transition Acquisition ROCE % Related Terms

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Beard Energy Transition Acquisition (Beard Energy Transition Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Beard Energy Transition Acquisition Corp (NYSE:BRD) » Definitions » ROCE %
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Traded in Other Exchanges
N/A
Address
595 Madison Avenue, 29th Floor, New York, NY, USA, 10022
Website
https://www.beardacq.com
Beard Energy Transition Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Yoav Lurie director 595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Robert C Reeves director 1001 LOUISIANA STREET, HOUSTON TX 77002
Gregory A Beard director, 10 percent owner, officer: See Remarks C/O ATHLON ENERGY INC., 420 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Charles Cherington director ONE BOW STREET, CAMBRIDGE MA 02138
Sarah James officer: See Remarks PO BOX 500 71 FORT STREET, GRAND CAYMAN E9 KY11106
Beard Energy Transition Acquisition Sponsor Llc 10 percent owner 601 LEXINGTON AVENUE, 20TH FLOOR #1001, NEW YORK NY 10022