Papaya Growth Opportunity I (Papaya Growth Opportunity I) ROCE % : -42.48% (As of Dec. 2023)

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What is Papaya Growth Opportunity 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. Papaya Growth Opportunity I's annualized ROCE % for the quarter that ended in Dec. 2023 was -42.48%.

Papaya Growth Opportunity I ROCE % Historical Data

The historical data trend for Papaya Growth Opportunity 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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Papaya Growth Opportunity I ROCE % Chart

Papaya Growth Opportunity I Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-1.51

-1.47

Papaya Growth Opportunity I Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial				-0.92	-0.94	-0.87	-4.92	-42.48

Papaya Growth Opportunity I ROCE % Calculation

Papaya Growth Opportunity I'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 )
	=	-2.107	/	( ( (298.146 - 15.591)	+	(25.659 - 21.215) )	/ 2 )
	=	-2.107	/	( (282.555	+	4.444)	/ 2 )
	=	-2.107	/	143.4995
	=	-1.47 %

Papaya Growth Opportunity I'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 )
	=	-1.924	/	( ( (25.396 - 20.781)	+	(25.659 - 21.215) )	/ 2 )
	=	-1.924	/	( ( 4.615	+	4.444 )	/ 2 )
	=	-1.924	/	4.5295
	=	-42.48 %

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

Papaya Growth Opportunity I (NAS:PPYA) 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.

Papaya Growth Opportunity I ROCE % Related Terms

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Papaya Growth Opportunity I (Papaya Growth Opportunity I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Papaya Growth Opportunity Corp I (NAS:PPYA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2201 Broadway, Suite 750, Oakland, CA, USA, 94612

Website

https://www.papayagrowth.com

Papaya Growth Opportunity Corp I is a blank check company.

Executives

Alberta Investment Management Corp	10 percent owner	1600-10250 101 STREET NW, EDMONTON A0 T5J 3P4
Neil B Herceg	director	2201 BROADWAY, #705, OAKLAND CA 94612
Daniel A Murillo	director	2201 BROADWAY, #705, OAKLAND CA 94612
Timothy J Schenk	director	2201 BROADWAY, #705, OAKLAND CA 94612
Alex Spiro	officer: President	25 TUDOR CITY PLACE APT 1011, NEW YORK NY 10017
Dave Yarnold	director	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Patricia Nakache	director	325 SHARON PARK DR., #458, MENLO PARK CA 94025
Diana A Sklar	director	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Clay Whitehead	director, 10 percent owner, officer: Chief Executive Officer	C/O PLUM ACQUISITION CORP. I, 339 SEAVIEW AVE, PIEDMONT CA 94610
Daniel C Rogers	officer: CFO and Secretary	2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Papaya Growth Opportunity I Sponsor, Llc	10 percent owner	2201 BROADWAY, SUITE 750, OAKLAND CA 94612
Patrick Pohlen	director	C/O MNTN DIGITAL, INC., 201 W. 5TH STREET, 11TH FLOOR, AUSTIN TX 78701

Papaya Growth Opportunity I (Papaya Growth Opportunity I) Headlines

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