TCW Special Purpose Acquisition (TCW Special Purpose Acquisition) ROCE % : -2.59% (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is TCW Special Purpose Acquisition 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. TCW Special Purpose Acquisition's annualized ROCE % for the quarter that ended in Sep. 2022 was -2.59%.

TCW Special Purpose Acquisition ROCE % Historical Data

The historical data trend for TCW Special Purpose Acquisition'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.

* Premium members only.

TCW Special Purpose Acquisition ROCE % Chart

TCW Special Purpose Acquisition Annual Data

Trend

Dec20

Dec21

ROCE %

-0.79

TCW Special Purpose Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial			-0.36	-0.50	-0.52	-0.89	-2.59

TCW Special Purpose Acquisition ROCE % Calculation

TCW Special Purpose Acquisition'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 )
	=	-1.84	/	( ( (0.08 - 0.056)	+	(464.761 - 1.32) )	/ 2 )
	=	-1.84	/	( (0.024	+	463.441)	/ 2 )
	=	-1.84	/	231.7325
	=	-0.79 %

TCW Special Purpose Acquisition'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 )
	=	-11.968	/	( ( (465.279 - 2.079)	+	(466.005 - 3.927) )	/ 2 )
	=	-11.968	/	( ( 463.2	+	462.078 )	/ 2 )
	=	-11.968	/	462.639
	=	-2.59 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

TCW Special Purpose Acquisition (OTCPK:TSPQW) 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.

TCW Special Purpose Acquisition ROCE % Related Terms

Thank you for viewing the detailed overview of TCW Special Purpose Acquisition's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.