Osiris Acquisition (Osiris Acquisition) ROCE % : -6.20% (As of Dec. 2023)

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What is Osiris 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. Osiris Acquisition's annualized ROCE % for the quarter that ended in Dec. 2023 was -6.20%.

Osiris Acquisition ROCE % Historical Data

The historical data trend for Osiris 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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Osiris Acquisition ROCE % Chart

Osiris Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-0.88

-2.55

-6.12

Osiris Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial								-2.42	-4.91	-10.38	-3.05	-6.20

Osiris Acquisition ROCE % Calculation

Osiris Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-1.772	/	( ( (33.157 - 3.712)	+	(33.174 - 4.689) )	/ 2 )
	=	-1.772	/	( (29.445	+	28.485)	/ 2 )
	=	-1.772	/	28.965
	=	-6.12 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-1.772	/	( ( (33.283 - 4.572)	+	(33.174 - 4.689) )	/ 2 )
	=	-1.772	/	( ( 28.711	+	28.485 )	/ 2 )
	=	-1.772	/	28.598
	=	-6.20 %

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

Osiris Acquisition (NYSE:OSI.U) 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.

Osiris Acquisition ROCE % Related Terms

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Osiris Acquisition (Osiris Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Osiris Acquisition Corp (NYSE:OSI.U) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OSI:USA

Address

95 5th Avenue, 6th Floor, New York, NY, USA, 10003

Website

https://www.osirisacquisitioncorp.com

Osiris Acquisition Corp is a blank check company, It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Osiris Acquisition (Osiris Acquisition) Headlines

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