SHUAA Partners Acquisition I (SHUAA Partners Acquisition I) ROCE % : -3.13% (As of Jun. 2023)

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What is SHUAA Partners Acquisition 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. SHUAA Partners Acquisition I's annualized ROCE % for the quarter that ended in Jun. 2023 was -3.13%.

SHUAA Partners Acquisition I ROCE % Historical Data

The historical data trend for SHUAA Partners Acquisition 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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SHUAA Partners Acquisition I ROCE % Chart

SHUAA Partners Acquisition I Annual Data

Trend

Dec21

Dec22

ROCE %

-2.58

SHUAA Partners Acquisition I Quarterly Data
	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial			-0.98	-0.80	-1.25	-1.08	-3.13

SHUAA Partners Acquisition I ROCE % Calculation

SHUAA Partners Acquisition I'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 )
	=	-1.471	/	( ( (0.42 - 0.398)	+	(114.086 - 0.08) )	/ 2 )
	=	-1.471	/	( (0.022	+	114.006)	/ 2 )
	=	-1.471	/	57.014
	=	-2.58 %

SHUAA Partners Acquisition I's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	-2.228	/	( ( (115.135 - 0.231)	+	(27.907 - 0.41) )	/ 2 )
	=	-2.228	/	( ( 114.904	+	27.497 )	/ 2 )
	=	-2.228	/	71.2005
	=	-3.13 %

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

SHUAA Partners Acquisition I (NAS:SHUAU) 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.

SHUAA Partners Acquisition I ROCE % Related Terms

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SHUAA Partners Acquisition I (SHUAA Partners Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SHUAA Partners Acquisition Corp I (NAS:SHUAU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

190 Elgin Avenue, George Town, Grand Cayman, CYM, KY1-9008

Website

https://spac.shuaa.com

SHUAA Partners Acquisition Corp I is a newly incorporated blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

SHUAA Partners Acquisition I (SHUAA Partners Acquisition I) Headlines

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