TETCW (Tech And Energy Transition) ROCE %: -0.05% (As of Dec. 2022)

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TETCW Tech And Energy Transition Corp TETCW
24 GF Score
Price $0.00
! 2 Warning Signs
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What is Tech And Energy Transition ROCE %?

Tech And Energy Transition TETCW 24 ROCE % is -0.05% as of Dec. 2022. GuruFocus rates TETCW with a GF Score™ of 24/100. The stock has 2 warning signs 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. Tech And Energy Transition's annualized ROCE % for the quarter that ended in Dec. 2022 was -0.05%.

Tech And Energy Transition  (NAS:TETCW) 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.

Tech And Energy Transition ROCE % Related Terms

Tech And Energy Transition ROCE % Historical Data

* Premium members only.

The historical data trend for Tech And Energy Transition'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.

Tech And Energy Transition ROCE % Chart

Tech And Energy Transition Annual Data
Trend Mar19 Mar20 Mar21 Mar22
ROCE %
-3.85 -3.85 -0.12 -0.74

Tech And Energy Transition Quarterly Data
Mar19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.18 -1.01 -0.41 -0.50 -0.05
TETCW
24GF Score
Tech And Energy Transition Corp TETCW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tech And Energy Transition ROCE % Calculation

Tech And Energy Transition's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=-2.856/( ( (389.285 - 2.199) + (385.829 - 1.555) )/ 2 )
=-2.856/( (387.086+384.274)/ 2 )
=-2.856/385.68
=-0.74 %

Tech And Energy Transition's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=-0.208/( ( (387.43 - 1.561) + (389.835 - 0.977) )/ 2 )
=-0.208/( ( 385.869 + 388.858 )/ 2 )
=-0.208/387.3635
=-0.05 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 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 -0.05% mean?
Tech And Energy Transition (TETCW) has a ROCE % of -0.05% as of Dec. 2022.
Is Tech And Energy Transition's ROCE % too high?
Tech And Energy Transition's current ROCE % is -0.05%. Overall, Tech And Energy Transition has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Tech And Energy Transition's ROCE % compare to LHC and LGST?
Tech And Energy Transition's ROCE % of -0.05% 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. Tech And Energy Transition's current ROCE % is -0.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tech And Energy Transition stock overvalued right now?
Tech And Energy Transition (TETCW) has a current ROCE % of -0.05%. The current ROCE % is -0.05%. Tech And Energy Transition's overall GF Score™ is 24/100 with 2 warning signs to review. 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 Tech And Energy Transition (TETCW), the current ROCE % is -0.05% as of Dec. 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.

Tech And Energy Transition Business Description

Address 125 W 55th Street, New York, NY, USA, 10019
Tech And Energy Transition Corp is a blank check company.
24GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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