GigCapital5 (GigCapital5) ROCE % : -7.81% (As of Sep. 2023)

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What is GigCapital5 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. GigCapital5's annualized ROCE % for the quarter that ended in Sep. 2023 was -7.81%.

GigCapital5 ROCE % Historical Data

The historical data trend for GigCapital5'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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GigCapital5 ROCE % Chart

GigCapital5 Annual Data

Trend

Dec21

Dec22

ROCE %

-0.47

-1.67

GigCapital5 Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial						-0.30	-13.04	-16.65	-19.91	-7.81

GigCapital5 ROCE % Calculation

GigCapital5's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-2.265	/	( ( (233.633 - 0.634)	+	(41.946 - 4.186) )	/ 2 )
	=	-2.265	/	( (232.999	+	37.76)	/ 2 )
	=	-2.265	/	135.3795
	=	-1.67 %

GigCapital5's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-1.512	/	( ( (32.551 - 8.023)	+	(23.139 - 8.931) )	/ 2 )
	=	-1.512	/	( ( 24.528	+	14.208 )	/ 2 )
	=	-1.512	/	19.368
	=	-7.81 %

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

GigCapital5 (NAS:GIA) 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.

GigCapital5 ROCE % Related Terms

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GigCapital5 (GigCapital5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » GigCapital5 Inc (NAS:GIA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1731 Embarcadero Road, Suite 200, Palo Alto, CA, USA, 94303

Website

https://www.gigcapitalglobal.com

GigCapital5 Inc is a blank check company.

Executives

Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Sharmila Makhija	director	1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303
Dorothy D Hayes	director	P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Neil Miotto	director, 10 percent owner	2146 HARKINS AVE, MENLO PARK CA 94025
Avi S Katz	director, 10 percent owner, officer: Executive Chairman	C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Walter Bradford Weightman	officer: Treasurer and CFO	C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD, SUITE 200, PALO ALTO CA 94303
Raluca Dinu	director, 10 percent owner, officer: President, CEO and Secretary	C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Raanan Horowitz	director	C/O GIGCAPITAL5, INC., 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Gigacquisitions5, Llc	10 percent owner	1731 EMBARCADERO ROAD SUITE 200, PALO ALTO CA 94303