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FTAC Emerald Acquisition (FTAC Emerald Acquisition) ROCE % : -2.09% (As of Mar. 2024)


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What is FTAC Emerald 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. FTAC Emerald Acquisition's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.09%.

FTAC Emerald Acquisition ROCE % Historical Data

The historical data trend for FTAC Emerald 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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FTAC Emerald Acquisition ROCE % Chart

FTAC Emerald Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
- -0.74 -1.79

FTAC Emerald Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.85 -1.08 -1.30 -3.64 -2.09

FTAC Emerald Acquisition ROCE % Calculation

FTAC Emerald Acquisition'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 )
=-3.73/( ( (255.665 - 0.492) + (165.959 - 3.394) )/ 2 )
=-3.73/( (255.173+162.565)/ 2 )
=-3.73/208.869
=-1.79 %

FTAC Emerald Acquisition'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 )
=-2.18/( ( (165.959 - 3.394) + (51.53 - 5.318) )/ 2 )
=-2.18/( ( 162.565 + 46.212 )/ 2 )
=-2.18/104.3885
=-2.09 %

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

FTAC Emerald Acquisition  (NAS:EMLD) 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.

FTAC Emerald Acquisition ROCE % Related Terms

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FTAC Emerald Acquisition (FTAC Emerald Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Emerald Acquisition Corp (NAS:EMLD) » Definitions » ROCE %
Comparable Companies
CNDA KCGI APGB RRAC NFNT FRBN CXAC SVII NETD IPXX PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
FTAC Emerald Acquisition Corp is a blank check company 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 or assets.
Executives
Emerald Esg Advisors, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Douglas Listman officer: Chief Financial Officer 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Therese Rein director GPO BOX 3208, BRISBANE C3 4000
Betsy Z Cohen director, 10 percent owner
Lisa M Shalett director C/O PENNYMAC, 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Andrew Hohns director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Tensie Whelan director C/O INVESTINDUSTRIAL, INC., 11-12 ST. JAMES SQUARE, 3RD FLOOR, LONDON X0 SW1Y 4LB
Mark R Tercek director
Young Bracebridge H Jr officer: President and CEO 35 WYKEHAM RD, NEWTON MA 02465
Emerald Esg Sponsor, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104