TRIS (Tristar Acquisition I) ROCE % : -1.65% (As of Mar. 2024)

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What is Tristar Acquisition I 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. Tristar Acquisition I's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.65%.

Tristar Acquisition I ROCE % Historical Data

The historical data trend for Tristar Acquisition I'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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Tristar Acquisition I ROCE % Chart

Tristar Acquisition I Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-0.42

-1.34

Tristar Acquisition I Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								-0.82	-0.55	-1.83	-2.55	-1.65

Tristar Acquisition I ROCE % Calculation

Tristar Acquisition I'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 )
	=	-2.365	/	( ( (236.78 - 0.298)	+	(115.82 - 0.618) )	/ 2 )
	=	-2.365	/	( (236.482	+	115.202)	/ 2 )
	=	-2.365	/	175.842
	=	-1.34 %

Tristar Acquisition I's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-1.916	/	( ( (115.82 - 0.618)	+	(117.252 - 0.761) )	/ 2 )
	=	-1.916	/	( ( 115.202	+	116.491 )	/ 2 )
	=	-1.916	/	115.8465
	=	-1.65 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Tristar Acquisition I (NYSE:TRIS) 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.

Tristar Acquisition I ROCE % Related Terms

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Tristar Acquisition I Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tristar Acquisition I Corp (NYSE:TRIS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Burlington Woods Drive, Suite 100, Burlington, MA, USA, 01803

Website

https://www.tristaracq.com

Tristar Acquisition I Corp is a blank check company.

Executives

Ri (richard) Yuan	officer: Chief Investment Officer	2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON, MA 01803
Xiaoma Lu	officer: Chief Executive Officer	2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON MA 01803
Xinyue Jasmine Geffner	director	105 BAISHI ROAD, JIUZHOU WEST AVENUE, ZHUHAI F4 0000000000
Wang Chiu Wong	director	THE WHITE HOUSE 20 GENESIS CLOSE, GEORGE TOWN, E9 KY1 1208
Stephen Markscheid	director	C/O ENER-CORE, INC., 9400 TOLEDO WAY, IRVINE CA 92618
Mounger William M Ii	officer: See Remarks	C/O TRITEL INC, 111 E CAPITAL STREET SUITE 500, JACKSON MS 39201
Navy Sail International Limited	10 percent owner	19/F 145 HENNESSY ROAD, WANCHAI, HONG KONG F4 00000
Michael H Liu	director, officer: CFO	2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON MA 01803
Alex Parker	director	C/O TRISTAR ACQUISITION I CORP., 2870 PEACHTREE RD. NW, SUITE 509, ATLANTA GA 30305
Gregory Harold Boyd	director	C/O TRISTAR ACQUISITION I CORP., 2870 PEACHTREE RD. NW, SUITE 509, ATLANTA GA 30305
Tristar Holdings I Llc	10 percent owner	2870 PEACHTREE RD NW, SUITE 509, ATLANTA GA 30305
Jones David A Jr/ky	director	C/O HUMANA INC, 500 WEST MAIN STREET, LOUISVILLE KY 40202
Cathy-ann Martine-dolecki	director, officer: Chief Operating Officer	11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Chun Yi Hao	director, 10 percent owner, officer: CEO	2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON MA 01803
Robert E. Willis	director	C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309

Tristar Acquisition I Headlines

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By GuruFocus Research • 11-14-2023