Pershing Square Tontine Holdings (Pershing Square Tontine Holdings) ROCE % : -0.11% (As of Mar. 2022)

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What is Pershing Square Tontine Holdings 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. Pershing Square Tontine Holdings's annualized ROCE % for the quarter that ended in Mar. 2022 was -0.11%.

Pershing Square Tontine Holdings ROCE % Historical Data

The historical data trend for Pershing Square Tontine Holdings'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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Pershing Square Tontine Holdings ROCE % Chart

Pershing Square Tontine Holdings Annual Data

Trend

Dec20

Dec21

ROCE %

-0.14

Pershing Square Tontine Holdings Quarterly Data
	Apr20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22
ROCE %	Get a 7-Day Free Trial			-0.06	-1.35	1.69	-0.38	-0.11

Pershing Square Tontine Holdings ROCE % Calculation

Pershing Square Tontine Holdings'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 )
	=	-5.735	/	( ( (4029.64 - 1.581)	+	(4031.929 - 1.827) )	/ 2 )
	=	-5.735	/	( (4028.059	+	4030.102)	/ 2 )
	=	-5.735	/	4029.0805
	=	-0.14 %

Pershing Square Tontine Holdings's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	-4.236	/	( ( (4031.929 - 1.827)	+	(4027.123 - 1.866) )	/ 2 )
	=	-4.236	/	( ( 4030.102	+	4025.257 )	/ 2 )
	=	-4.236	/	4027.6795
	=	-0.11 %

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

Pershing Square Tontine Holdings (NYSE:PSTH) 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.

Pershing Square Tontine Holdings ROCE % Related Terms

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Pershing Square Tontine Holdings (Pershing Square Tontine Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pershing Square Tontine Holdings Ltd (NYSE:PSTH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

787 Eleventh Avenue, 9th Floor, New York, NY, USA, 10019

Website

Pershing Square Tontine Holdings Ltd is a blank check company.

Executives

Michael Gonnella	officer: Chief Financial Officer	787 ELEVENTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Lisa Gersh	director	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
William A Ackman	director, 10 percent owner, officer: Chief Executive Officer	787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Ps Management Gp, Llc	10 percent owner	787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Pershing Square Capital Management, L.p.	10 percent owner	787 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Joseph S Steinberg	director	C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Jacqueline D Reses	director	C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Michael S Ovitz	director	355 SOUTH GRAND, #1710, LOS ANGELES CA 90071
Steve Milankov	officer: Corporate Secretary	101 WEST 24TH STREET, APT. 30D, NEW YORK NY 10010
Ben Hakim	officer: Chief Financial Officer	170 E. 77TH STREET, APT. 5A, NEW YORK NY 10075