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Seaport Global Acquisition II (Seaport Global Acquisition II) ROCE % : -10.45% (As of Sep. 2023)


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What is Seaport Global Acquisition II 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. Seaport Global Acquisition II's annualized ROCE % for the quarter that ended in Sep. 2023 was -10.45%.

Seaport Global Acquisition II ROCE % Historical Data

The historical data trend for Seaport Global Acquisition II'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.

Seaport Global Acquisition II ROCE % Chart

Seaport Global Acquisition II Annual Data
Trend Dec21 Dec22
ROCE %
- -1.52

Seaport Global Acquisition II Quarterly Data
Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only -1.06 -1.26 -2.93 -7.80 -10.45

Seaport Global Acquisition II ROCE % Calculation

Seaport Global Acquisition II'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 )
=-2.244/( ( (147.503 - 0.031) + (148.108 - 1.008) )/ 2 )
=-2.244/( (147.472+147.1)/ 2 )
=-2.244/147.286
=-1.52 %

Seaport Global Acquisition II'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 )
=-3.856/( ( (44.971 - 3.15) + (36.605 - 4.623) )/ 2 )
=-3.856/( ( 41.821 + 31.982 )/ 2 )
=-3.856/36.9015
=-10.45 %

(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.

Seaport Global Acquisition II  (NAS:SGII) 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.

Seaport Global Acquisition II ROCE % Related Terms

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Seaport Global Acquisition II (Seaport Global Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Seaport Global Acquisition II Corp (NAS:SGII) » Definitions » ROCE %
Comparable Companies
VHAQ GBBK HNRA IGTA INAQ FRLA HPLT FEXD RFAC GTAC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
360 Madison Avenue, 20th Floor, New York, NY, USA, 10017
Website
https://www.seaportglobalacquisition2.com
Seaport Global Acquisition II Corp is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Charles Yamarone director 123 W MILLS, EL PASO TX 79901
Stephen C Smith director, officer: Chief Executive Officer 360 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10017
Jay Burnham director, officer: Chief Financial Officer 360 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10017
Shelley Greehaus director 360 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10017
Jeremy Hedberg director 360 MADISON AVENUE 20TH FLOOR, NEW YORK NY 10017
Edward Heim officer: Secretary 360 MADISON AVENUE, 20TH FLOOR, NEW YORK CITY NY 10017
Seaport Global Spac Ii, Llc 10 percent owner 360 MADISON AVENUE, 20TH FLOOR, NEW YORK CITY NY 10017
Salvatore Bonomo officer: Chief Operating Officer 360 MADISON AVENUE, NEW YORK CITY NY 10017