ESH Acquisition (ESH Acquisition) ROCE % : -0.87% (As of Mar. 2024)

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What is ESH 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. ESH Acquisition's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.87%.

ESH Acquisition ROCE % Historical Data

The historical data trend for ESH 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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ESH Acquisition ROCE % Chart

ESH Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-950.00

-0.84

ESH Acquisition Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial				-342.86	-0.96	-0.81	-0.40	-0.87

ESH Acquisition ROCE % Calculation

ESH 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 )
	=	-0.509	/	( ( (0.459 - 0.454)	+	(122.333 - 1.04) )	/ 2 )
	=	-0.509	/	( (0.005	+	121.293)	/ 2 )
	=	-0.509	/	60.649
	=	-0.84 %

ESH 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 )
	=	-1.056	/	( ( (122.333 - 1.04)	+	(123.743 - 1.311) )	/ 2 )
	=	-1.056	/	( ( 121.293	+	122.432 )	/ 2 )
	=	-1.056	/	121.8625
	=	-0.87 %

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

ESH Acquisition (NAS:ESHA) 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.

ESH Acquisition ROCE % Related Terms

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ESH Acquisition (ESH Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ESH Acquisition Corp (NAS:ESHA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

228 Park Avenue S, Suite 89898, New York, NY, USA, 10003-1502

Website

ESH Acquisition Corp is a newly organized blank check company.

Executives

James L Francis	director, 10 percent owner, officer: Chief Executive Officer	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Jonathan D Morris	director, officer: Chief Financial Officer	C/O IMAGEWARE SYSTEMS, INC., 13500 EVENING CREEK DRIVE N SUITE 550, SAN DIEGO CA 92128
Allen R Weiss	director	C/O DICK'S SPORTING GOODS, INC., 345 COURT STREET, CORAOPOLIS PA 15108
Christina M Francis	director	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Thomas Wolber	director	1724 WINDERMERE DOWNS PL, WINDERMERE FL 34786
Christopher Homer Ackerley	director	1840 BROADMOOR DR E, SEATTLE WA 98112
Jonathan Gordon	director	270 LAFAYETTER STREET, SUITE 810, NEW YORK NY 10012

ESH Acquisition (ESH Acquisition) Headlines

From GuruFocus

ESH Acquisition Corp. Announces Upcoming Automatic Unit Separation

By Marketwired • 07-20-2023

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By Marketwired • 06-28-2023