Generation Asia I Acquisition (Generation Asia I Acquisition) ROCE % : -1.09% (As of Dec. 2023)

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What is Generation Asia I 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. Generation Asia I Acquisition's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.09%.

Generation Asia I Acquisition ROCE % Historical Data

The historical data trend for Generation Asia I 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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Generation Asia I Acquisition ROCE % Chart

Generation Asia I Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-0.87

-0.77

Generation Asia I Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							-0.40	-0.46	-0.64	-0.87	-1.09

Generation Asia I Acquisition ROCE % Calculation

Generation Asia I 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 )
	=	-1.186	/	( ( (225.87 - 0.576)	+	(84.201 - 2.074) )	/ 2 )
	=	-1.186	/	( (225.294	+	82.127)	/ 2 )
	=	-1.186	/	153.7105
	=	-0.77 %

Generation Asia I 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 )
	=	-0.888	/	( ( (82.874 - 1.622)	+	(84.201 - 2.074) )	/ 2 )
	=	-0.888	/	( ( 81.252	+	82.127 )	/ 2 )
	=	-0.888	/	81.6895
	=	-1.09 %

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

Generation Asia I Acquisition (NAS:GAQ) 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.

Generation Asia I Acquisition ROCE % Related Terms

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Generation Asia I Acquisition (Generation Asia I Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Generation Asia I Acquisition Ltd (NAS:GAQ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cricket Square, Boundary Hall, Grand Cayman, CYM, KY1-1102

Website

https://gaq.gen-mgmt.com

Generation Asia I Acquisition Ltd is a blank check company.

Executives

Mei Gao	director	101 CENTRAL PARK WEST, 4B, NEW YORK NY 10023
Sunghwan Cho	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Roy Kuan	director, officer: Chief Executive Officer	68 YEE WO STREET, 18/F, CAUSEWAY BAY K3 00000
Kwok Catherine Chung Ka	officer: Chief Financial Officer	TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3
Norimitsu Niwa	director, officer: Chief Operating Officer	TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3
Gary Wb Chan	director	TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3