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Worldwide Webb Acquisition (Worldwide Webb Acquisition) ROCE % : -4.33% (As of Jun. 2023)


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What is Worldwide Webb 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. Worldwide Webb Acquisition's annualized ROCE % for the quarter that ended in Jun. 2023 was -4.33%.


Worldwide Webb Acquisition ROCE % Historical Data

The historical data trend for Worldwide Webb 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.

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Worldwide Webb Acquisition ROCE % Chart

Worldwide Webb Acquisition Annual Data
Trend Dec21 Dec22
ROCE %
- -1.92

Worldwide Webb Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.51 -2.49 -4.08 -3.93 -4.33

Worldwide Webb Acquisition ROCE % Calculation

Worldwide Webb 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 )
=-4.464/( ( (233.527 - 0.392) + (235.077 - 4.01) )/ 2 )
=-4.464/( (233.135+231.067)/ 2 )
=-4.464/232.101
=-1.92 %

Worldwide Webb Acquisition'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 )
=-5.904/( ( (237.368 - 6.546) + (49.56 - 7.938) )/ 2 )
=-5.904/( ( 230.822 + 41.622 )/ 2 )
=-5.904/136.222
=-4.33 %

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


Worldwide Webb Acquisition  (NAS:WWACW) 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.


Worldwide Webb Acquisition ROCE % Related Terms

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Worldwide Webb Acquisition (Worldwide Webb Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
770 E Technology Way F13-16, Orem, UT, USA, 84097
Website
Worldwide Webb Acquisition Corp is a blank check company.