Dominus Acquisitions (TSXV:DAQ.P) ROCE % : -7.54% (As of Feb. 2024)

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What is Dominus Acquisitions 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. Dominus Acquisitions's annualized ROCE % for the quarter that ended in Feb. 2024 was -7.54%.

Dominus Acquisitions ROCE % Historical Data

The historical data trend for Dominus Acquisitions'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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Dominus Acquisitions ROCE % Chart

Dominus Acquisitions Annual Data

Trend

May21

May22

May23

ROCE %

-3.64

-43.69

-10.25

Dominus Acquisitions Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial							-6.89	-22.08	-4.41	-3.71	-7.54

Dominus Acquisitions ROCE % Calculation

Dominus Acquisitions's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	-0.059	/	( ( (0.626 - 0.022)	+	(0.573 - 0.026) )	/ 2 )
	=	-0.059	/	( (0.604	+	0.547)	/ 2 )
	=	-0.059	/	0.5755
	=	-10.25 %

Dominus Acquisitions's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-0.04	/	( ( (0.56 - 0.024)	+	(0.54 - 0.015) )	/ 2 )
	=	-0.04	/	( ( 0.536	+	0.525 )	/ 2 )
	=	-0.04	/	0.5305
	=	-7.54 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

Dominus Acquisitions (TSXV:DAQ.P) 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.

Dominus Acquisitions ROCE % Related Terms

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Dominus Acquisitions (TSXV:DAQ.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Dominus Acquisitions Corp (TSXV:DAQ.P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3

Website

Dominus Acquisitions Corp's primary business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.

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