GPCOW (Golden Path Acquisition) ROCE %: -0.85% (As of Jun. 2022)


What is Golden Path Acquisition ROCE %?

Golden Path Acquisition GPCOW ROCE % is -0.85% as of Jun. 2022. 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. Golden Path Acquisition's annualized ROCE % for the quarter that ended in Jun. 2022 was -0.85%.

Golden Path Acquisition  (NAS:GPCOW) 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.

Golden Path Acquisition ROCE % Related Terms

Golden Path Acquisition ROCE % Historical Data

* Premium members only.

The historical data trend for Golden Path 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.

Golden Path Acquisition ROCE % Chart

Golden Path Acquisition Annual Data
Trend Dec19 Dec20 Dec21
ROCE %
0.00 0.00 -2.51

Golden Path Acquisition Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.96 -2.71 -0.90 -1.78 -0.85

Golden Path Acquisition ROCE % Calculation

Golden Path 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 )
=-0.727/( ( (0.048 - 0.087) + (58.221 - 0.206) )/ 2 )
=-0.727/( (-0.039+58.015)/ 2 )
=-0.727/28.988
=-2.51 %

Golden Path Acquisition's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=-0.492/( ( (58.156 - 0.394) + (58.356 - 0.635) )/ 2 )
=-0.492/( ( 57.762 + 57.721 )/ 2 )
=-0.492/57.7415
=-0.85 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 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 -0.85% mean?
Golden Path Acquisition (GPCOW) has a ROCE % of -0.85% as of Jun. 2022.
Is Golden Path Acquisition's ROCE % too high?
Golden Path Acquisition's current ROCE % is -0.85%.
How does Golden Path Acquisition's ROCE % compare to NOVV and GDST?
Golden Path Acquisition's ROCE % of -0.85% 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. Golden Path Acquisition's current ROCE % is -0.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Path Acquisition stock overvalued right now?
Golden Path Acquisition (GPCOW) has a current ROCE % of -0.85%. The current ROCE % is -0.85%. 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 Golden Path Acquisition (GPCOW), the current ROCE % is -0.85% as of Jun. 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.

Golden Path Acquisition Business Description

Address 100 Park Avenue, New York, NY, USA, 10017
Golden Path Acquisition Corp is a blank check company. It is formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses.