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Mountain I Acquisition (Mountain I Acquisition) ROCE % : -1.22% (As of Dec. 2023)


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What is Mountain I 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. Mountain I Acquisition's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.22%.

Mountain I Acquisition ROCE % Historical Data

The historical data trend for Mountain I 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.

* Premium members only.

Mountain I Acquisition ROCE % Chart

Mountain I Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
- -0.55 -1.33

Mountain I Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.22 -1.13 -2.02 -2.75 -1.22

Mountain I Acquisition ROCE % Calculation

Mountain I 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 )
=-2.403/( ( (240.07 - 0.83) + (129.942 - 6.804) )/ 2 )
=-2.403/( (239.24+123.138)/ 2 )
=-2.403/181.189
=-1.33 %

Mountain I Acquisition's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-1.5/( ( (127.712 - 5.608) + (129.942 - 6.804) )/ 2 )
=-1.5/( ( 122.104 + 123.138 )/ 2 )
=-1.5/122.621
=-1.22 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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.

Mountain I Acquisition  (NAS:MCAA) 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.

Mountain I Acquisition ROCE % Related Terms

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Mountain I Acquisition (Mountain I Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mountain & Co I Acquisition Corp (NAS:MCAA) » Definitions » ROCE %
Comparable Companies
PPYA NFYS KVAC RCFA CFFS PHYT ISRL XPDB PRPC BRKH PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807
Website
Mountain & Co I Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Thomas Middelhoff officer: Chief Strategy Officer INVESTCORP INTERNATIONAL LTD, 48 GROSVENOR STREET, LONDON UNITED KINGDOM X0 00000
Wenzel Daniel S.c. officer: Chief Investment Officer ZINISTRASSE 11, Z?RICH V8 CH-8004
Boersch Cornelius director, 10 percent owner, officer: Chief Executive Officer BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Miles R Gilburne director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Alexander Hornung officer: Chief Financial Officer BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Mountain & Co. I Sponsor Llc 10 percent owner UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Winston Ma director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Philipp Rosler director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Utz Claassen director, officer: Chief Operating Officer BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102