Black Hawk Acquisition (Black Hawk Acquisition) ROCE % : 0.00% (As of Feb. 2024)

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What is Black Hawk 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. Black Hawk Acquisition's annualized ROCE % for the quarter that ended in Feb. 2024 was 0.00%.

Black Hawk Acquisition ROCE % Historical Data

The historical data trend for Black Hawk 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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Black Hawk Acquisition ROCE % Chart

Black Hawk Acquisition Annual Data

Trend

Nov23

ROCE %

Black Hawk Acquisition Semi-Annual Data
	Nov23	Feb24
ROCE %	-	-

Black Hawk Acquisition ROCE % Calculation

Black Hawk Acquisition's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: . 20 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: . 20 )		(A: Nov. 2023 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Black Hawk Acquisition'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 )
	=	-0.031	/	( ( (0.263 - 0.257)	+	(0.227 - 0.251) )	/ 2 )
	=	-0.031	/	( ( 0.006	+	-0.024 )	/ 2 )
	=	-0.031	/	-0.009
	=	0 %

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

Black Hawk Acquisition (NAS:BKHAU) 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.

Black Hawk Acquisition ROCE % Related Terms

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Black Hawk Acquisition (Black Hawk Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Black Hawk Acquisition Corp (NAS:BKHAU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BKHA:USA

Address

4125 Blackhawk Plaza Circle, Suite 166, Danville, CA, USA, 94506

Website

Black Hawk Acquisition Corp is a Blank check company.

Black Hawk Acquisition (Black Hawk Acquisition) Headlines

From GuruFocus

Black Hawk Acquisition Corporation Welcomes Mr. Jonathan Ginsberg to Board

By GlobeNewswire • 04-23-2024

Black Hawk Acquisition Corporation Welcomes Mr. Jonathan Ginsberg to Board

By Marketwired • 04-23-2024