GigCapital5 (FRA:87F) ROCE % : -7.88% (As of Sep. 2023)

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What is GigCapital5 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. GigCapital5's annualized ROCE % for the quarter that ended in Sep. 2023 was -7.88%.

GigCapital5 ROCE % Historical Data

The historical data trend for GigCapital5'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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GigCapital5 ROCE % Chart

GigCapital5 Annual Data

Trend

Dec21

Dec22

ROCE %

-0.47

-1.77

GigCapital5 Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial						-0.32	-12.59	-16.55	-19.79	-7.88

GigCapital5 ROCE % Calculation

GigCapital5'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 )
	=	-2.138	/	( ( (206.765 - 0.561)	+	(39.597 - 3.952) )	/ 2 )
	=	-2.138	/	( (206.204	+	35.645)	/ 2 )
	=	-2.138	/	120.9245
	=	-1.77 %

GigCapital5'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 )
	=	-1.416	/	( ( (30.045 - 7.405)	+	(21.681 - 8.368) )	/ 2 )
	=	-1.416	/	( ( 22.64	+	13.313 )	/ 2 )
	=	-1.416	/	17.9765
	=	-7.88 %

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

GigCapital5 (FRA:87F) 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.

GigCapital5 ROCE % Related Terms

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GigCapital5 (FRA:87F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » GigCapital5 Inc (FRA:87F) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GIA:USA

Address

1731 Embarcadero Road, Suite 200, Palo Alto, CA, USA, 94303

Website

https://www.gigcapitalglobal.com

GigCapital5 Inc is a blank check company.

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