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GPACU (Global Partner Acquisition II) WACC % :0% (As of Dec. 15, 2024)


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What is Global Partner Acquisition II WACC %?

As of today (2024-12-15), Global Partner Acquisition II's weighted average cost of capital is 0%%. Global Partner Acquisition II's ROIC % is -15.37% (calculated using TTM income statement data). Global Partner Acquisition II earns returns that do not match up to its cost of capital. It will destroy value as it grows.

*Note: The beta of this company cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.

For a comprehensive WACC calculation, please access the WACC Calculator.


Global Partner Acquisition II WACC % Historical Data

The historical data trend for Global Partner Acquisition II's WACC % 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.

Global Partner Acquisition II WACC % Chart

Global Partner Acquisition II Annual Data
Trend Dec20 Dec21 Dec22 Dec23
WACC %
- 7.52 9.86 9.72

Global Partner Acquisition II Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
WACC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.41 9.71 10.47 9.72 4.21

Competitive Comparison of Global Partner Acquisition II's WACC %

For the Shell Companies subindustry, Global Partner Acquisition II's WACC %, along with its competitors' market caps and WACC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global Partner Acquisition II's WACC % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Global Partner Acquisition II's WACC % distribution charts can be found below:

* The bar in red indicates where Global Partner Acquisition II's WACC % falls into.



Global Partner Acquisition II WACC % Calculation

The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Generally speaking, a company's assets are financed by debt and equity. WACC is the average of the costs of these sources of financing, each of which is weighted by its respective use in the given situation. By taking a weighted average, we can see how much interest the company has to pay for every dollar it finances.

WACC=E/(E + D)*Cost of Equity+D/(E + D)*Cost of Debt*(1 - Tax Rate)

1. Weights:
Generally speaking, a company's assets are financed by debt and equity. We need to calculate the weight of equity and the weight of debt.
The market value of equity (E) is also called "Market Cap". As of today, Global Partner Acquisition II's market capitalization (E) is $0.000 Mil.
The market value of debt is typically difficult to calculate, therefore, GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding the latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Mar. 2024, Global Partner Acquisition II's latest one-year quarterly average Book Value of Debt (D) is $2.711 Mil.
a) weight of equity = E / (E + D) = 0.000 / (0.000 + 2.711) = 0
b) weight of debt = D / (E + D) = 2.711 / (0.000 + 2.711) = 1

2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 4.395%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. Global Partner Acquisition II's beta cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 4.395% + 1 * 6% = 10.395%

3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
As of Mar. 2024, Global Partner Acquisition II's interest expense (positive number) was $-0 Mil. Its total Book Value of Debt (D) is $2.711 Mil.
Cost of Debt = -0 / 2.711 = 0%.

4. Multiply by one minus TTM Tax Rate:
GuruFocus uses the most recent TTM Tax Expense divided by the most recent TTM Pre-Tax Income to calculate the tax rate. The calculated TTM tax rate is limited to between 0% and 100%. If the calculated tax rate is higher than 100%, it is set to 100%. If the calculated tax rate is less than 0%, it is set to 0%.
The latest calculated TTM Tax Rate = 0 / -3.233 = 0%.

Global Partner Acquisition II's Weighted Average Cost Of Capital (WACC) for Today is calculated as:

WACC=E / (E + D)*Cost of Equity+D / (E + D)*Cost of Debt*(1 - Tax Rate)
=0*10.395%+1*0%*(1 - 0%)
=0%

* 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.


Global Partner Acquisition II  (NAS:GPACU) WACC % Explanation

Because it costs money to raise capital. A firm that generates higher ROIC % than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Global Partner Acquisition II's weighted average cost of capital is 0%%. Global Partner Acquisition II's ROIC % is -15.37% (calculated using TTM income statement data). Global Partner Acquisition II earns returns that do not match up to its cost of capital. It will destroy value as it grows.

*Note: The beta of this company cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.


Be Aware

1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together.
For companies that report quarterly, GuruFocus combines all of the most recent year's quarterly debt data from the beginning of the year to the year-end and calculates the average.
For companies that report semi-annually, GuruFocus combines all of the most recent year's semi-annual debt data from the start of the year to the year-end and calculates the average.
For companies that report annually, GuruFocus combines the beginning and ending annual debt data from the most recent year and then calculates the average.

2. The WACC formula discussed above does not include Preferred Stock. Please adjust if preferred stock is considered.

3. (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.

4. GuruFocus uses the latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.


Related Terms

Global Partner Acquisition II Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, 32nd Floor, New York, NY, USA, 10166
Global Partner Acquisition Corp II is a blank check company.
Executives
Chandra R Patel officer: Chief Executive Officer 630 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10111
Graeme B Shaw officer: Chief Technology Officer 630 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10111
Richard Charles Davis officer: President 630 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10111
Jarett S Goldman officer: Chief Financial Officer GLOBAL PARTNER ACQUISITION CORP II, 7 RYE RIDGE PLAZA, SUITE 350, RYE BROOK NY 10573
Paul J Zepf director, 10 percent owner, officer: CEO and Chairman CORPORATE PARTNERS LP, 30 ROCKEFELLER PLAZA STE 5050, NEW YORK NY 10020
Global Partner Sponsor Ii Llc 10 percent owner 7 RYE RIDGE PLAZA, SUITE 350, RYE BROOOK NY 10573
David Apseloff officer: Chief Financial Officer 7 RYE RIDGE PLAZA, SUITE 350, RYE BROOK NY 10573
Jay Ripley director 7 RYE RIDGE PLAZA, SUITE 350, RYE BROOK NY 10573
James E. Mccann director 7 RYE RIDGE PLAZA, SUITE 350, RYE BROOK NY 10573
William T Kerr director C/O MEREDITH CORP, 1716 LOCUST ST, DES MOINES IA 50309-3023
Gary T Dicamillo director 888 WASHINGTON STREET, DEDHAM MA 02027
Claudia Hollingsworth director C/O MAJ INC, 115 S MACQUESTEN PKWY, MT VERNON NY 10550
Pano Anthos director 81 WASHINGTON ST 2F, BROOKLYN NY 11201
D. Andrew Cook director C/O BLUE CAPITAL REINSURANCE HOLDINGS, 94 PITTS BAY RD, PEMBROKE D0 HM 08