GBBKW (Global Blockchain Acquisition) ROC %: -10.87% (As of Sep. 2024)

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GBBKW Global Blockchain Acquisition Corp GBBKW
22 GF Score
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! 2 Warning Signs
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What is Global Blockchain Acquisition ROC %?

Global Blockchain Acquisition GBBKW 22 ROC % is -10.87% as of Sep. 2024. GuruFocus rates GBBKW with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Global Blockchain Acquisition's annualized return on capital (ROC %) for the quarter that ended in Sep. 2024 was -10.87%.

As of today (2026-09-09), Global Blockchain Acquisition's WACC % is 10.17%. Global Blockchain Acquisition's ROC % is 0.00% (calculated using TTM income statement data). Global Blockchain Acquisition earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Global Blockchain Acquisition  (NAS:GBBKW) 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, Global Blockchain Acquisition's WACC % is 10.17%. Global Blockchain Acquisition's ROC % is 0.00% (calculated using TTM income statement data). Global Blockchain Acquisition 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.

Global Blockchain Acquisition ROC % Related Terms

Global Blockchain Acquisition ROC % Historical Data

* Premium members only.

The historical data trend for Global Blockchain Acquisition'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.

Global Blockchain Acquisition ROC % Chart

Global Blockchain Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROC %
0.00 -0.61 -0.91

Global Blockchain Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.25 -1.43 0.00 0.00 -10.87
GBBKW
22GF Score
Global Blockchain Acquisition Corp GBBKW
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Blockchain Acquisition ROC % Calculation

Global Blockchain Acquisition'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 )
=-1.259 * ( 1 - 26.4% )/( (177.565 + 26.296)/ 2 )
=-0.926624/101.9305
=-0.91 %

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))
=178.881 - 0.727 - ( 0.765 - max(0, 0.727 - 1.316+0.765))
=177.565

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))
=26.772 - 2.199 - ( 0.306 - max(0, 2.199 - 0.476+0.306))
=26.296

Global Blockchain Acquisition's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-0.992 * ( 1 - 0% )/( (8.909 + 9.335)/ 2 )
=-0.992/9.122
=-10.87 %

where

Invested Capital(Q: Jun. 2024 )
=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))
=8.645 - 2.102 - ( 0.366 - max(0, 2.812 - 0.446+0.366))
=8.909

Invested Capital(Q: Sep. 2024 )
=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))
=8.597 - 0.23 - ( 0.016 - max(0, 1.201 - 0.233+0.016))
=9.335

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -10.87% mean?
Global Blockchain Acquisition (GBBKW) has a ROC % of -10.87% as of Sep. 2024. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Global Blockchain Acquisition and its competitors.
Is Global Blockchain Acquisition's ROC % too high?
Global Blockchain Acquisition's current ROC % is -10.87%. Overall, Global Blockchain Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Global Blockchain Acquisition's ROC % compare to ASCBF and BUJA?
Global Blockchain Acquisition's ROC % of -10.87% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Diversified Financial Services company?
A good ROC % depends on the Diversified Financial Services industry context. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Global Blockchain Acquisition and its competitors. Global Blockchain Acquisition's current ROC % is -10.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Blockchain Acquisition stock overvalued right now?
Global Blockchain Acquisition (GBBKW) has a current ROC % of -10.87%. The current ROC % is -10.87%. Global Blockchain Acquisition's overall GF Score™ is 22/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Global Blockchain Acquisition (GBBKW), the current ROC % is -10.87% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Global Blockchain Acquisition Business Description

Address 6555 Sanger Road, Suite 200, Orlando, FL, USA, 32827
Global Blockchain Acquisition Corp is a blank check company.
22GF Score

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