GHACW (Gaming & Hospitality Acquisition) ROCE %: -0.72% (As of Sep. 2022)


GHACW Gaming & Hospitality Acquisition Corp GHACW
22 GF Score
Price $0.00
! 1 Warning Sign
View Full Analysis

What is Gaming & Hospitality Acquisition ROCE %?

Gaming & Hospitality Acquisition GHACW 22 ROCE % is -0.72% as of Sep. 2022. GuruFocus rates GHACW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

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. Gaming & Hospitality Acquisition's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.72%.

Gaming & Hospitality Acquisition  (NAS:GHACW) 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.

Gaming & Hospitality Acquisition ROCE % Related Terms

Gaming & Hospitality Acquisition ROCE % Historical Data

* Premium members only.

The historical data trend for Gaming & Hospitality 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.

Gaming & Hospitality Acquisition ROCE % Chart

Gaming & Hospitality Acquisition Annual Data
Trend Dec20 Dec21
ROCE %
0.00 -3.64

Gaming & Hospitality Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial -2.16 -2.44 -1.17 -0.83 -0.72
GHACW
22GF Score
Gaming & Hospitality Acquisition Corp GHACW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gaming & Hospitality Acquisition ROCE % Calculation

Gaming & Hospitality Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-3.634/( ( (0.575 - 0.561) + (201.071 - 1.311) )/ 2 )
=-3.634/( (0.014+199.76)/ 2 )
=-3.634/99.887
=-3.64 %

Gaming & Hospitality Acquisition's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-1.436/( ( (201.164 - 2.104) + (202.2 - 2.773) )/ 2 )
=-1.436/( ( 199.06 + 199.427 )/ 2 )
=-1.436/199.2435
=-0.72 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -0.72% mean?
Gaming & Hospitality Acquisition (GHACW) has a ROCE % of -0.72% as of Sep. 2022.
Is Gaming & Hospitality Acquisition's ROCE % too high?
Gaming & Hospitality Acquisition's current ROCE % is -0.72%. Overall, Gaming & Hospitality Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Gaming & Hospitality Acquisition's ROCE % compare to WQGA and PHYT?
Gaming & Hospitality Acquisition's ROCE % of -0.72% 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 ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Gaming & Hospitality Acquisition's current ROCE % is -0.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gaming & Hospitality Acquisition stock overvalued right now?
Gaming & Hospitality Acquisition (GHACW) has a current ROCE % of -0.72%. The current ROCE % is -0.72%. Gaming & Hospitality Acquisition's overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Gaming & Hospitality Acquisition (GHACW), the current ROCE % is -0.72% as of Sep. 2022. 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.

Gaming & Hospitality Acquisition Business Description

Address 3755 Breakthrough Way, Suite 300, Las Vegas, NV, USA, 89135
Gaming & Hospitality Acquisition Corp is a blank check company.
22GF Score

Get the complete analysis for GHACW

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price