GSQD.U (G Squared Ascend I) ROCE % : -0.42% (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is G Squared Ascend I 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. G Squared Ascend I's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.42%.

G Squared Ascend I ROCE % Historical Data

The historical data trend for G Squared Ascend I'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.

G Squared Ascend I ROCE % Chart

G Squared Ascend I Annual Data

Trend

Dec20

Dec21

ROCE %

-2.17

G Squared Ascend I Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial			-0.67	-2.57	-0.49	-0.89	-0.42

G Squared Ascend I ROCE % Calculation

G Squared Ascend I'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 )
	=	-3.733	/	( ( (0.228 - 0.211)	+	(345.995 - 1.749) )	/ 2 )
	=	-3.733	/	( (0.017	+	344.246)	/ 2 )
	=	-3.733	/	172.1315
	=	-2.17 %

G Squared Ascend I'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	/	( ( (346.151 - 2.535)	+	(347.603 - 2.659) )	/ 2 )
	=	-1.436	/	( ( 343.616	+	344.944 )	/ 2 )
	=	-1.436	/	344.28
	=	-0.42 %

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

G Squared Ascend I (NYSE:GSQD.U) 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.

G Squared Ascend I ROCE % Related Terms

Thank you for viewing the detailed overview of G Squared Ascend I's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

G Squared Ascend I Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » G Squared Ascend I Inc (NYSE:GSQD.U) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

205 N Michigan Avenue, Suite 3770, Chicago, IL, USA, 60601

Website

https://www.gsquaredascend.com

G Squared Ascend I Inc is a blank check company.

Executives

Lauri M Shanahan	director	C/O THE GAP, INC., TWO FOLSOM STREET, SAN FRANCISCO CA 94105-1205
Thomas R Evans	director	11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Larry Lee Aschebrook	director, 10 percent owner, officer: Chairman of the Board	205 N. MICHIGAN AVE., SUITE 3770, CHICAGO IL 60601
G Squared Ascend Management I Llc	10 percent owner	205 N MICHIGAN AVENUE, SUITE 3770, CHICAGO IL 60601
Thomas Hoban	10 percent owner, officer: Chief Financial Officer	C/O G SQUARED ASCENT MANAGEMENT I LLC, 205 N. MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601
Edward Iii Davis	director, 10 percent owner, officer: Chief Executive Officer	C/O G SQUARED ASCENT MANAGEMENT I LLC, 205 N MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601
Heather L. Hasson	director	C/O G SQUARED ASCEND MANAGEMENT I, LLC, 205 N MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601