GLSPW (Global SPAC Partners Co) ROCE %: -2.06% (As of Mar. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Global SPAC Partners Co ROCE %?

Global SPAC Partners Co GLSPW ROCE % is -2.06% as of Mar. 2022.

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. Global SPAC Partners Co's annualized ROCE % for the quarter that ended in Mar. 2022 was -2.06%.

Global SPAC Partners Co  (NAS:GLSPW) 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.

Global SPAC Partners Co ROCE % Related Terms

Global SPAC Partners Co ROCE % Historical Data

* Premium members only.

The historical data trend for Global SPAC Partners Co'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.

Global SPAC Partners Co ROCE % Chart

Global SPAC Partners Co Annual Data
Trend Dec20 Dec21
ROCE %
0.00 -1.46

Global SPAC Partners Co Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
ROCE % Get a 7-Day Free Trial -520.00 -1.27 -0.83 -1.42 -2.06

Global SPAC Partners Co ROCE % Calculation

Global SPAC Partners Co'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 )
=-1.195/( ( (0.353 - 0.33) + (169.608 - 6.356) )/ 2 )
=-1.195/( (0.023+163.252)/ 2 )
=-1.195/81.6375
=-1.46 %

Global SPAC Partners Co's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=-3.348/( ( (169.608 - 6.356) + (169.337 - 6.906) )/ 2 )
=-3.348/( ( 163.252 + 162.431 )/ 2 )
=-3.348/162.8415
=-2.06 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 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 -2.06% mean?
Global SPAC Partners Co (GLSPW) has a ROCE % of -2.06% as of Mar. 2022.
Is Global SPAC Partners Co's ROCE % too high?
Global SPAC Partners Co's current ROCE % is -2.06%.
How does Global SPAC Partners Co's ROCE % compare to ?
Global SPAC Partners Co's ROCE % of -2.06% 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. Global SPAC Partners Co's current ROCE % is -2.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global SPAC Partners Co stock overvalued right now?
Global SPAC Partners Co (GLSPW) has a current ROCE % of -2.06%. The current ROCE % is -2.06%. 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 Global SPAC Partners Co (GLSPW), the current ROCE % is -2.06% as of Mar. 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.

Global SPAC Partners Co Business Description

Comparable Companies
Address 2093 Philadelphia Pike No.1968, Claymont, DE, USA, 19703
Global SPAC Partners Co is a newly organized blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.