VMG Consumer Acquisition (VMG Consumer Acquisition) ROCE % : -0.76% (As of Mar. 2023)

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

What is VMG Consumer 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. VMG Consumer Acquisition's annualized ROCE % for the quarter that ended in Mar. 2023 was -0.76%.

VMG Consumer Acquisition ROCE % Historical Data

The historical data trend for VMG Consumer 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.

VMG Consumer Acquisition ROCE % Chart

VMG Consumer Acquisition Annual Data

Trend

Sep21

Sep22

ROCE %

-1.06

VMG Consumer Acquisition Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
ROCE %	Get a 7-Day Free Trial			-0.57	-0.57	-0.70	-0.69	-0.76

VMG Consumer Acquisition ROCE % Calculation

VMG Consumer Acquisition's annualized ROCE % for the fiscal year that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2022 )		(A: Sep. 2021 )		(A: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2022 )		(A: Sep. 2021 )		(A: Sep. 2022 )
	=	-1.246	/	( ( (0.385 - 0.466)	+	(236.504 - 0.569) )	/ 2 )
	=	-1.246	/	( (-0.081	+	235.935)	/ 2 )
	=	-1.246	/	117.927
	=	-1.06 %

VMG Consumer Acquisition's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	-1.812	/	( ( (237.76 - 1.041)	+	(239.18 - 1.199) )	/ 2 )
	=	-1.812	/	( ( 236.719	+	237.981 )	/ 2 )
	=	-1.812	/	237.35
	=	-0.76 %

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

VMG Consumer Acquisition (NAS:VMGAU) 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.

VMG Consumer Acquisition ROCE % Related Terms

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

VMG Consumer Acquisition (VMG Consumer Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » VMG Consumer Acquisition Corp (NAS:VMGAU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Mesa Street, Suite 310, San Francisco, CA, USA, 94129

Website

https://www.vmgspac.com

VMG Consumer Acquisition Corp is a 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.

Executives

John Toth	director	HARBORSIDE FINANCIAL CENTER, 3200 PLAZA 5, JERSEY CITY NJ 07311
Angad Hira	officer: See Remarks	C/O VMG CONSUMER ACQUISITION CORP., 39 MESA STREET, SUITE 310, SAN FRANCISCO CA 94129
Aarti Kapoor	director, officer: Chief Executive Officer	C/O VMG CONSUMER ACQUISITION CORP., 39 MESA STREET, SUITE 310, SAN FRANCISCO CA 94129
Jasmin Mia Allen	director	C/O VMG CONSUMER ACQUISITION CORP., 39 MESA STREET, SUITE 310, SAN FRANCISCO CA 94129
Lowell Singer	director	C/O VMG CONSUMER ACQUISITION CORP., 39 MESA STREET, SUITE 310, SAN FRANCISCO CA 94129
Michael L Mauze	director	C/O VMG CONSUMER ACQUISITION CORP., 39 MESA STREET, SUITE 310, SAN FRANCISCO CA 94129
Vmg Consumer Acquisition Holdings, Llc	10 percent owner	C/O VMG CONSUMER ACQUISITION CORP., 39 MESA STREET, SUITE 310, SAN FRANCISCO CA 94129

VMG Consumer Acquisition (VMG Consumer Acquisition) Headlines

From GuruFocus

Top 5 2nd Quarter Trades of Serengeti Asset Management LP

By GuruFocus Research GuruFocus Editor • 08-02-2022

VMG Consumer Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing January 3, 2022

By GuruFocusNews GuruFocusNews • 12-29-2021