Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) ROCE % : -0.27% (As of Sep. 2022)

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What is Lead Edge Growth 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. Lead Edge Growth Opportunities's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.27%.

Lead Edge Growth Opportunities ROCE % Historical Data

The historical data trend for Lead Edge Growth 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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Lead Edge Growth Opportunities ROCE % Chart

Lead Edge Growth Opportunities Annual Data

Trend

Dec20

Dec21

ROCE %

-0.55

Lead Edge Growth Opportunities Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial			-0.30	-0.31	-0.23	-0.34	-0.27

Lead Edge Growth Opportunities ROCE % Calculation

Lead Edge Growth Opportunities's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-0.95	/	( ( (0.094 - 0.074)	+	(346.186 - 0.178) )	/ 2 )
	=	-0.95	/	( (0.02	+	346.008)	/ 2 )
	=	-0.95	/	173.014
	=	-0.55 %

Lead Edge Growth Opportunities's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	-0.928	/	( ( (345.883 - 0.078)	+	(346.965 - 0.103) )	/ 2 )
	=	-0.928	/	( ( 345.805	+	346.862 )	/ 2 )
	=	-0.928	/	346.3335
	=	-0.27 %

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

Lead Edge Growth Opportunities (NAS:LEGAU) 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.

Lead Edge Growth Opportunities ROCE % Related Terms

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Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Lead Edge Growth Opportunities Ltd (NAS:LEGAU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

96 Spring Street, 5th Floor, New York, NY, USA, 10012

Website

Lead Edge Growth Opportunities Ltd is a blank check company.

Executives

Margaret C Whitman	director	EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Nikhil Ramesh Mehta	director	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Sydney Carey	director	3303 HILLVIEW AVE., PALO ALTO CA 94304
Russell Fradin	director	C/O DYNAMIC SIGNAL, 1111 BAYHILL DRIVE, SUITE 325, SAN BRUNO CA 94066
Lead Edge Spac Management, Llc	10 percent owner	96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Mitchell H. Green	director, officer: Chief Executive Officer	C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Brian Neider	officer: Chief Operating Officer	C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Nimay Mehta	director, officer: President and CFO	C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012

Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Headlines

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