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Global Partner Acquisition II (Global Partner Acquisition II) ROCE % : -37.87% (As of Dec. 2023)


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What is Global Partner Acquisition II 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. Global Partner Acquisition II's annualized ROCE % for the quarter that ended in Dec. 2023 was -37.87%.

Global Partner Acquisition II ROCE % Historical Data

The historical data trend for Global Partner Acquisition II'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.

* Premium members only.

Global Partner Acquisition II ROCE % Chart

Global Partner Acquisition II Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
- -2.41 -0.66 -3.11

Global Partner Acquisition II Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.34 -2.54 -3.22 -3.06 -37.87

Global Partner Acquisition II ROCE % Calculation

Global Partner Acquisition II's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-5.23/( ( (304.784 - 3.876) + (43.74 - 7.872) )/ 2 )
=-5.23/( (300.908+35.868)/ 2 )
=-5.23/168.388
=-3.11 %

Global Partner Acquisition II's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-14.164/( ( (42.703 - 3.775) + (43.74 - 7.872) )/ 2 )
=-14.164/( ( 38.928 + 35.868 )/ 2 )
=-14.164/37.398
=-37.87 %

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

Global Partner Acquisition II  (NAS:GPAC) 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 Partner Acquisition II ROCE % Related Terms

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Global Partner Acquisition II (Global Partner Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Global Partner Acquisition Corp II (NAS:GPAC) » Definitions » ROCE %
Comparable Companies
FIAC GATE MCAC BMAC OPA ZLS TBCP NSTB ACAH DSAQ PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
GPACU:USA
Address
200 Park Avenue, 32nd Floor, New York, NY, USA, 10166
Website
Global Partner Acquisition Corp II is a blank check company.