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


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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.

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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.

* 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.


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

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G Squared Ascend I Business Description

Traded in Other Exchanges
N/A
Address
205 N Michigan Avenue, Suite 3770, Chicago, IL, USA, 60601
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