Green Visor Financial Technology Acquisition I (Green Visor Financial Technology Acquisition I) ROCE % : -0.76% (As of Dec. 2022)

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What is Green Visor Financial Technology Acquisition I 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. Green Visor Financial Technology Acquisition I's annualized ROCE % for the quarter that ended in Dec. 2022 was -0.76%.

Green Visor Financial Technology Acquisition I ROCE % Historical Data

The historical data trend for Green Visor Financial Technology Acquisition I'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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Green Visor Financial Technology Acquisition I ROCE % Chart

Green Visor Financial Technology Acquisition I Annual Data

Trend

Dec21

Dec22

ROCE %

-0.87

Green Visor Financial Technology Acquisition I Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
ROCE %	Get a 7-Day Free Trial			-4.01	-0.79	-0.64	-1.28	-0.76

Green Visor Financial Technology Acquisition I ROCE % Calculation

Green Visor Financial Technology Acquisition I'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 )
	=	-1.781	/	( ( (205.651 - 0.402)	+	(207.538 - 1.005) )	/ 2 )
	=	-1.781	/	( (205.249	+	206.533)	/ 2 )
	=	-1.781	/	205.891
	=	-0.87 %

Green Visor Financial Technology Acquisition I's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	-1.568	/	( ( (206.2 - 0.936)	+	(207.538 - 1.005) )	/ 2 )
	=	-1.568	/	( ( 205.264	+	206.533 )	/ 2 )
	=	-1.568	/	205.8985
	=	-0.76 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

Green Visor Financial Technology Acquisition I (NAS:GVCIU) 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.

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Green Visor Financial Technology Acquisition I (Green Visor Financial Technology Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Green Visor Financial Technology Acquisition Corp I (NAS:GVCIU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Kearny Street, Suite 850, San Francisco, CA, USA, 94108

Website

Green Visor Financial Technology Acquisition Corp I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses.

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