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Digital Transformation Opportunities (Digital Transformation Opportunities) ROCE % : -52.47% (As of Jun. 2023)


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What is Digital Transformation Opportunities 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. Digital Transformation Opportunities's annualized ROCE % for the quarter that ended in Jun. 2023 was -52.47%.

Digital Transformation Opportunities ROCE % Historical Data

The historical data trend for Digital Transformation Opportunities'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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Digital Transformation Opportunities ROCE % Chart

Digital Transformation Opportunities Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
- -0.49 -0.71

Digital Transformation Opportunities Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.34 -1.16 -1.06 -2.33 -52.47

Digital Transformation Opportunities ROCE % Calculation

Digital Transformation Opportunities'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 )
=-2.39/( ( (334.879 - 1.028) + (338.883 - 2.606) )/ 2 )
=-2.39/( (333.851+336.277)/ 2 )
=-2.39/335.064
=-0.71 %

Digital Transformation Opportunities's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=-5.988/( ( (19.21 - 7.141) + (19.398 - 8.644) )/ 2 )
=-5.988/( ( 12.069 + 10.754 )/ 2 )
=-5.988/11.4115
=-52.47 %

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

Digital Transformation Opportunities  (NAS:DTOCU) 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.

Digital Transformation Opportunities ROCE % Related Terms

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Digital Transformation Opportunities (Digital Transformation Opportunities) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Digital Transformation Opportunities Corp (NAS:DTOCU) » Definitions » ROCE %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
10250 Constellation boulevard, Suite 23126, Los Angeles, CA, USA, 90067
Website
https://www.dtocorp.com
Digital Transformation Opportunities Corp is a blank check company.
Executives
Bradley M Fluegel director 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Kyle Francis officer: Chief Financial Officer 700 NORTH BRAND BLVD., SUITE 450, GLENDALE CA 91203
Heather Zynczak director C/O THRYV HOLDINGS, INC., 2200 WEST AIRFIELD DRIVE P.O. BOX 619810, DALLAS TX 75261
Jim Moffatt director 1423 GARFIELD AVE., SOUTH PASADENA CA 91030
Digital Transformation Sponsor Llc 10 percent owner 10207 CLEMATIS COURT, LOS ANGELES CA 90077
Kevin Nazemi director, officer: Chief Executive Officer 10485 NE 6TH ST, UNIT 3930, BELLEVUE WA 98004