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Galaxy Cosmos Mezz (ATH:GCMEZZ) ROC % : 0.00% (As of . 20)


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What is Galaxy Cosmos Mezz ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Galaxy Cosmos Mezz's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2025-03-03), Galaxy Cosmos Mezz's WACC % is 0.00%. Galaxy Cosmos Mezz's ROC % is 0.00% (calculated using TTM income statement data). Galaxy Cosmos Mezz earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Galaxy Cosmos Mezz ROC % Historical Data

The historical data trend for Galaxy Cosmos Mezz's ROC % 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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Galaxy Cosmos Mezz ROC % Chart

Galaxy Cosmos Mezz Annual Data
Trend Dec22 Dec23
ROC %
- 28.70

Galaxy Cosmos Mezz Quarterly Data
Dec23
ROC % -

Galaxy Cosmos Mezz ROC % Calculation

Galaxy Cosmos Mezz's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=5.385 * ( 1 - 1.33% )/( (20.787 + 16.236)/ 2 )
=5.3133795/18.5115
=28.70 %

where

Invested Capital(A: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=28.33 - 0.732 - ( 7.656 - max(0, 0.845 - 7.656+7.656))
=20.787

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=23.742 - 0.046 - ( 7.46 - max(0, 0.095 - 7.608+7.46))
=16.236

Galaxy Cosmos Mezz's annualized Return on Capital (ROC %) for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is four times the quarterly (. 20) 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.

Galaxy Cosmos Mezz  (ATH:GCMEZZ) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Galaxy Cosmos Mezz's WACC % is 0.00%. Galaxy Cosmos Mezz's ROC % is 0.00% (calculated using TTM income statement data). Galaxy Cosmos Mezz earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Galaxy Cosmos Mezz ROC % Related Terms

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Galaxy Cosmos Mezz Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Galaxy Cosmos Mezz PLC (ATH:GCMEZZ) » Definitions » ROC %
Comparable Companies
ATH:ANDRO ATH:PVMEZZ ATH:CNLCAP BLK KKR BX APO TSX:BN OSTO:INVE A AMP LSE:III XSWX:PGHN ARES OSTO:EQT RJF STT TROW TSX:BAM XAMS:CVC NTRS
Traded in Other Exchanges
N/A
Address
33 Vassilissis Freiderikis, Palais D’ Ivoire House, 2nd floor, Nicosia, CYP, 1066
Website
https://www.galaxycosmosmezz.com
Galaxy Cosmos Mezz PLC is engaged in holding and managing part of the Mezzanine and Junior Notes issued in the context of Galaxy and Cosmos securitization of loans originated by Alpha Bank SA.

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