Cascadia Acquisition (Cascadia Acquisition) ROCE % : -6.85% (As of Mar. 2023)

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

What is Cascadia 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. Cascadia Acquisition's annualized ROCE % for the quarter that ended in Mar. 2023 was -6.85%.

Cascadia Acquisition ROCE % Historical Data

The historical data trend for Cascadia 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.

Cascadia Acquisition ROCE % Chart

Cascadia Acquisition Annual Data

Trend

Dec21

Dec22

ROCE %

-0.80

Cascadia Acquisition Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
ROCE %	Get a 7-Day Free Trial				4.69	-0.68	-0.77	-0.91	-6.85

Cascadia Acquisition ROCE % Calculation

Cascadia 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 )
	=	-1.216	/	( ( (151.35 - 0.512)	+	(152.393 - 0.821) )	/ 2 )
	=	-1.216	/	( (150.838	+	151.572)	/ 2 )
	=	-1.216	/	151.205
	=	-0.80 %

Cascadia 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 )
	=	-5.264	/	( ( (152.393 - 0.821)	+	(4.714 - 2.649) )	/ 2 )
	=	-5.264	/	( ( 151.572	+	2.065 )	/ 2 )
	=	-5.264	/	76.8185
	=	-6.85 %

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

Cascadia Acquisition (NAS:CCAIU) 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.

Cascadia Acquisition ROCE % Related Terms

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

Cascadia Acquisition (Cascadia Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Cascadia Acquisition Corp (NAS:CCAIU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 2nd Avenue, Suite 1200, Seattle, WA, USA, 98104

Website

https://www.cascadiaacquisitioncorp.com

Cascadia Acquisition Corp is a blank check company.

Cascadia Acquisition (Cascadia Acquisition) Headlines

From GuruFocus

Cascadia Acquisition Corp. Announces Postponement of Special Meeting Date

By Business Wire Business Wire • 02-14-2023

RealWear, Inc. has entered into an agreement to become a publicly traded company via a business combination transaction with Cascadia Acquisition Corp.

By Business Wire Business Wire • 02-06-2023