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HCM Acquisition (HCM Acquisition) ROCE % : -15.13% (As of Sep. 2023)


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What is HCM 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. HCM Acquisition's annualized ROCE % for the quarter that ended in Sep. 2023 was -15.13%.

HCM Acquisition ROCE % Historical Data

The historical data trend for HCM 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.

HCM Acquisition ROCE % Chart

HCM Acquisition Annual Data
Trend Dec21 Dec22
ROCE %
- -1.29

HCM Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.51 -1.31 -2.14 -1.77 -15.13

HCM Acquisition ROCE % Calculation

HCM 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 )
=-1.916/( ( (0.342 - 0.333) + (298.6 - 1.284) )/ 2 )
=-1.916/( (0.009+297.316)/ 2 )
=-1.916/148.6625
=-1.29 %

HCM Acquisition's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-6.072/( ( (43.941 - 3.33) + (44.847 - 5.182) )/ 2 )
=-6.072/( ( 40.611 + 39.665 )/ 2 )
=-6.072/40.138
=-15.13 %

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

HCM Acquisition  (NAS:HCMA) 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.

HCM Acquisition ROCE % Related Terms

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HCM Acquisition (HCM Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HCM Acquisition Corp (NAS:HCMA) » Definitions » ROCE %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
100 First Stamford Place, Suite 330, Stamford, CT, USA, 06902
Website
https://www.hcmacquisition.com
HCM Acquisition Corp is a blank check company.
Executives
David Goldfarb director 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD CT 06902
Shawn Matthews director, officer: Chairman and CEO 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD CT 06902
Steven Bischoff director 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD DC 06902
Jacob Loveless director 100 FIRST STAMFORD PLACE SUITE 330, STAMFORD CT 06902
James Bond officer: President and CFO 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD CT 06902
Hcm Investor Holdings, Llc 10 percent owner 100 FIRST STAMFORD PLACE SUITE 330, STAMFORD CT 06902