GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » 7 Acquisition Corp (NAS:SVNAU) » Definitions » ROCE %

7 Acquisition (7 Acquisition) ROCE % : -1.21% (As of Dec. 2022)


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

What is 7 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. 7 Acquisition's annualized ROCE % for the quarter that ended in Dec. 2022 was -1.21%.


7 Acquisition ROCE % Historical Data

The historical data trend for 7 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.

7 Acquisition ROCE % Chart

7 Acquisition Annual Data
Trend Dec21 Dec22
ROCE %
- -0.70

7 Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
ROCE % Get a 7-Day Free Trial - -0.57 -0.50 -0.53 -1.21

7 Acquisition ROCE % Calculation

7 Acquisition'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 )
=-1.66/( ( (235.948 - 0.108) + (238.859 - 0.985) )/ 2 )
=-1.66/( (235.84+237.874)/ 2 )
=-1.66/236.857
=-0.70 %

7 Acquisition's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=-2.876/( ( (237.067 - 0.502) + (238.859 - 0.985) )/ 2 )
=-2.876/( ( 236.565 + 237.874 )/ 2 )
=-2.876/237.2195
=-1.21 %

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


7 Acquisition  (NAS:SVNAU) 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.


7 Acquisition ROCE % Related Terms

Thank you for viewing the detailed overview of 7 Acquisition's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


7 Acquisition (7 Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
750 East Main Street, Suite 600, Stamford, CT, USA, 06902
7 Acquisition Corp is a blank check company.