American Acquisition Opportunity (American Acquisition Opportunity) ROCE % : -17.71% (As of Jun. 2023)

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What is American Acquisition Opportunity 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. American Acquisition Opportunity's annualized ROCE % for the quarter that ended in Jun. 2023 was -17.71%.

American Acquisition Opportunity ROCE % Historical Data

The historical data trend for American Acquisition Opportunity'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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American Acquisition Opportunity ROCE % Chart

American Acquisition Opportunity Annual Data

Trend

Dec21

Dec22

ROCE %

-0.95

-2.14

American Acquisition Opportunity Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial					-6.76	-10.32	-21.39	-30.74	-17.71

American Acquisition Opportunity ROCE % Calculation

American Acquisition Opportunity'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 )
	=	-1.222	/	( ( (107.187 - 0.099)	+	(7.791 - 0.517) )	/ 2 )
	=	-1.222	/	( (107.088	+	7.274)	/ 2 )
	=	-1.222	/	57.181
	=	-2.14 %

American Acquisition Opportunity'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 )
	=	-0.824	/	( ( (5.533 - 0.81)	+	(5.656 - 1.073) )	/ 2 )
	=	-0.824	/	( ( 4.723	+	4.583 )	/ 2 )
	=	-0.824	/	4.653
	=	-17.71 %

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

American Acquisition Opportunity (NAS:AMAOW) 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.

American Acquisition Opportunity ROCE % Related Terms

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