Ivanhoe Capital Acquisition (Ivanhoe Capital Acquisition) ROCE % : 0.00% (As of Jul. 2020)

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What is Ivanhoe Capital 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. Ivanhoe Capital Acquisition's annualized ROCE % for the quarter that ended in Jul. 2020 was 0.00%.

Ivanhoe Capital Acquisition ROCE % Historical Data

The historical data trend for Ivanhoe Capital 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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Ivanhoe Capital Acquisition ROCE % Chart

Ivanhoe Capital Acquisition Annual Data

Trend

Dec20

ROCE %

Ivanhoe Capital Acquisition Semi-Annual Data
	Jul20
ROCE %	-

Ivanhoe Capital Acquisition ROCE % Calculation

Ivanhoe Capital Acquisition's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Ivanhoe Capital Acquisition's ROCE % of for the quarter that ended in Jul. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2020 )		(Q: . 20 )		(Q: Jul. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2020 )		(Q: . 20 )		(Q: Jul. 2020 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (Jul. 2020) EBIT data.

Ivanhoe Capital Acquisition (NYSE:IVAN) 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.

Ivanhoe Capital Acquisition ROCE % Related Terms

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Ivanhoe Capital Acquisition (Ivanhoe Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ivanhoe Capital Acquisition Corp (NYSE:IVAN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1177 Avenue of the Americas, 5th Floor, New York, NY, USA, 10036

Website

https://www.ivanhoecapitalacquisition.com

Ivanhoe Capital Acquisition Corp is a special purpose acquisition company that targets companies in the supply chain from the mine site to the end-user of electrification products and services, including in the transportation, e-mobility, electric propulsion, battery technology, and storage sectors. These include companies exploring for mining, processing, or refining metals necessary for electrification; and manufacturers of battery and battery components, electric grid component manufacturers, and producers of electric vehicles, parts, and battery storage.