Mountain Crest Acquisition V (Mountain Crest Acquisition V) ROCE % : -330.73% (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Mountain Crest Acquisition V 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 Crest Acquisition V's annualized ROCE % for the quarter that ended in Sep. 2023 was -330.73%.

Mountain Crest Acquisition V ROCE % Historical Data

The historical data trend for Mountain Crest Acquisition V'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 Crest Acquisition V ROCE % Chart

Mountain Crest Acquisition V Annual Data

Trend

Dec21

Dec22

ROCE %

-1.76

Mountain Crest Acquisition V Quarterly Data
	May21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial					0.58	-6.42	-5.05	-7.13	-330.73

Mountain Crest Acquisition V ROCE % Calculation

Mountain Crest Acquisition V'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 )
	=	-0.747	/	( ( (69.573 - 2.175)	+	(19.843 - 2.571) )	/ 2 )
	=	-0.747	/	( (67.398	+	17.272)	/ 2 )
	=	-0.747	/	42.335
	=	-1.76 %

Mountain Crest Acquisition V's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-7.668	/	( ( (5.673 - 3.387)	+	(5.517 - 3.166) )	/ 2 )
	=	-7.668	/	( ( 2.286	+	2.351 )	/ 2 )
	=	-7.668	/	2.3185
	=	-330.73 %

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

Mountain Crest Acquisition V (NAS:MCAG) 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 Crest Acquisition V ROCE % Related Terms

Thank you for viewing the detailed overview of Mountain Crest Acquisition V's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Mountain Crest Acquisition V (Mountain Crest Acquisition V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mountain Crest Acquisition Corp V (NAS:MCAG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

311 West 43rd Street, 12th Floor, New York, NY, USA, 10036

Website

https://www.mcacquisition.com

Mountain Crest Acquisition Corp V is a blank check company.

Executives

Dong Liu	10 percent owner	311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Nelson Haight	director	4400 POST OAK PARKWAY, SUITE 1900, HOUSTON TX 77027
Suying Liu	director, 10 percent owner, officer: CEO and CFO	311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Todd T. Milbourn	director	C/O OPPENHEIMER & CO., INC., 85 BROAD STREET, 24TH FLOOR, NEW YORK NY 10004
Wenhua Zhang	director	311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Mountain Crest Global Holdings Llc	10 percent owner	311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036