TLG Acquisition One (TLG Acquisition One) ROCE % : -8.01% (As of Mar. 2023)

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What is TLG Acquisition One 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. TLG Acquisition One's annualized ROCE % for the quarter that ended in Mar. 2023 was -8.01%.

TLG Acquisition One ROCE % Historical Data

The historical data trend for TLG Acquisition One'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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TLG Acquisition One ROCE % Chart

TLG Acquisition One Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-2.33

-1.99

TLG Acquisition One Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
ROCE %	Get a 7-Day Free Trial					-0.19	-0.16	-1.76	-4.41	-8.01

TLG Acquisition One ROCE % Calculation

TLG Acquisition One's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-4.676	/	( ( (400.178 - 3.519)	+	(81.073 - 8.135) )	/ 2 )
	=	-4.676	/	( (396.659	+	72.938)	/ 2 )
	=	-4.676	/	234.7985
	=	-1.99 %

TLG Acquisition One's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	-5.824	/	( ( (81.073 - 8.135)	+	(83.159 - 10.725) )	/ 2 )
	=	-5.824	/	( ( 72.938	+	72.434 )	/ 2 )
	=	-5.824	/	72.686
	=	-8.01 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2023) EBIT data.

TLG Acquisition One (NYSE:TLGA) 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.

TLG Acquisition One ROCE % Related Terms

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TLG Acquisition One (TLG Acquisition One) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TLG Acquisition One Corp (NYSE:TLGA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 North Flagler Drive, Suite 520, West Palm Beach, FL, USA, 33401

Website

https://www.tlgacquisitions.com

TLG Acquisition One Corp is a blank check company.

Executives

Zainabu Oke	director	8300 GOLF LINKS ROAD, OAKLAND CA 94605
Edward Ho	director	1775 TYSONS BOULEVARD, TYSONS VA 22102
John M Lawrie	director, 10 percent owner, officer: See Remarks	DXC TECHNOLOGY COMPANY, 1775 TYSONS BOULEVARD, TYSONS VA 22102
Abdo G Kadifa	director	C/O CORIO INC, 959 SKYWAY RD #100, SAN CARLOS CA 94070
Terry Hilliard C. Iii	director	ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
David L Johnson	director, officer: Chief Financial Officer	ONE DELL WAY, ROUND ROCK TX 78682
Kristin Muhlner	director	3877 FAIRFAX RIDGE ROAD, SOUTH TOWER, FAIRFAX VA 22030
Tlg Acquisition Founder Llc	10 percent owner	515 NORTH FLAGLER DRIVE, SUITE 520, WEST PALM BEACH FL 33401

TLG Acquisition One (TLG Acquisition One) Headlines

From GuruFocus

TLG Acquisition One Corp. Announces Closing of Upsized $400 Million Initial Public Offering

By Business Wire Business Wire • 02-02-2021

Electriq Power Announces Nominees for New Public Company Board of Directors

By sperokesalga sperokesalga • 03-22-2023

TLG Acquisition One Corp. Announces Updates to its Joint Proxy Statement/Consent Solicitation Statement/Prospectus in Connection with its Proposed Business Combination and its Proxy Statement in Connection with its Extension Meeting

By Business Wire • 07-14-2023

Electriq Power to Offer Solar+Storage with Zero Up-Front Cost to All San Luis Obispo County Residents in Collaboration with the SLO Climate Coalition

By sperokesalga sperokesalga • 04-27-2023

Wealthspring Capital LLC Buys TLG Acquisition One Corp, ITHAX Acquisition Corp, Twelve Seas Investment Co II, Sells Sports Entertainment Acquisition Corp, Sustainable Opportunities Acquisition Corp, Fusion Acquisition Corp

By GuruFocus Research GuruFocus Editor • 05-19-2021

TLG Acquisition One Corp. Announces Effectiveness of Registration Statement and July 25, 2023 Scheduled Special Meeting of Stockholders to Approve Business Combination with Electriq Power, Inc.

By Business Wire • 07-17-2023

TLG Acquisition One Corp. Stockholders Approve Previously Announced Business Combination with Electriq Power, Inc. and TLG Announces Cancellation of Extension Meeting

By Business Wire • 07-25-2023

U.S. Home Solar Battery Storage Solutions Provider Electriq Power to Merge with TLG Acquisition One Corp.

By Business Wire Business Wire • 11-14-2022