THCPW (Thunder Bridge Capital Partners IV) ROCE %: -4.95% (As of Sep. 2024)

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THCPW Thunder Bridge Capital Partners IV Inc THCPW
24 GF Score
Price $2.49
! 4 Warning Signs
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What is Thunder Bridge Capital Partners IV ROCE %?

Thunder Bridge Capital Partners IV THCPW 24 ROCE % is -4.95% as of Sep. 2024. GuruFocus rates THCPW with a GF Score™ of 24/100. The stock has 4 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. Thunder Bridge Capital Partners IV's annualized ROCE % for the quarter that ended in Sep. 2024 was -4.95%.

Thunder Bridge Capital Partners IV  (NAS:THCPW) 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.

Thunder Bridge Capital Partners IV ROCE % Related Terms

Thunder Bridge Capital Partners IV ROCE % Historical Data

* Premium members only.

The historical data trend for Thunder Bridge Capital Partners IV'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.

Thunder Bridge Capital Partners IV ROCE % Chart

Thunder Bridge Capital Partners IV Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
-0.38 -1.30 -1.04

Thunder Bridge Capital Partners IV Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.65 -6.78 -2.64 -5.16 -4.95
THCPW
24GF Score
Thunder Bridge Capital Partners IV Inc THCPW
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Thunder Bridge Capital Partners IV ROCE % Calculation

Thunder Bridge Capital Partners IV'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 )
=-1.39/( ( (239.923 - 3.007) + (37.291 - 5.978) )/ 2 )
=-1.39/( (236.916+31.313)/ 2 )
=-1.39/134.1145
=-1.04 %

Thunder Bridge Capital Partners IV's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-1.236/( ( (37.571 - 12.54) + (31.496 - 6.538) )/ 2 )
=-1.236/( ( 25.031 + 24.958 )/ 2 )
=-1.236/24.9945
=-4.95 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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 -4.95% mean?
Thunder Bridge Capital Partners IV (THCPW) has a ROCE % of -4.95% as of Sep. 2024.
Is Thunder Bridge Capital Partners IV's ROCE % too high?
Thunder Bridge Capital Partners IV's current ROCE % is -4.95%. Overall, Thunder Bridge Capital Partners IV has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Thunder Bridge Capital Partners IV's ROCE % compare to CFFS and GATE?
Thunder Bridge Capital Partners IV's ROCE % of -4.95% 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. Thunder Bridge Capital Partners IV's current ROCE % is -4.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thunder Bridge Capital Partners IV stock overvalued right now?
Thunder Bridge Capital Partners IV (THCPW) has a current ROCE % of -4.95%. The current ROCE % is -4.95%. Thunder Bridge Capital Partners IV's overall GF Score™ is 24/100 with 4 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 Thunder Bridge Capital Partners IV (THCPW), the current ROCE % is -4.95% as of Sep. 2024. 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.

Thunder Bridge Capital Partners IV Business Description

Address 9912 Georgetown Pike, Suite D203, Great Falls, VA, USA, 22066
Thunder Bridge Capital Partners IV Inc is a blank check company.
24GF Score

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