Trailblazer Merger I (Trailblazer Merger I) ROCE % : -0.53% (As of Mar. 2024)

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What is Trailblazer Merger 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. Trailblazer Merger I's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.53%.

Trailblazer Merger I ROCE % Historical Data

The historical data trend for Trailblazer Merger 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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Trailblazer Merger I ROCE % Chart

Trailblazer Merger I Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-42.11

-2.06

Trailblazer Merger I Semi-Annual Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial				-0.73	-0.26	-0.27	-0.15	-0.53

Trailblazer Merger I ROCE % Calculation

Trailblazer Merger I'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 )
	=	-0.751	/	( ( (0.302 - 0.282)	+	(73.77 - 0.942) )	/ 2 )
	=	-0.751	/	( (0.02	+	72.828)	/ 2 )
	=	-0.751	/	36.424
	=	-2.06 %

Trailblazer Merger I's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.388	/	( ( (73.77 - 0.942)	+	(75.17 - 2.18) )	/ 2 )
	=	-0.388	/	( ( 72.828	+	72.99 )	/ 2 )
	=	-0.388	/	72.909
	=	-0.53 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

Trailblazer Merger I (NAS:TBMCU) 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.

Trailblazer Merger I ROCE % Related Terms

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Trailblazer Merger I (Trailblazer Merger I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trailblazer Merger Corp I (NAS:TBMCU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TBMC:USA

Address

510 Madison Avenue, Suite 1401, New York, NY, USA, 10022

Website

Trailblazer Merger Corp I is a blank check company.

Trailblazer Merger I (Trailblazer Merger I) Headlines

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Trailblazer Merger Corporation I Announces Pricing of $60,000,000 Initial Public Offering on Nasdaq

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