GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TLGY Acquisition Corp (NAS:TLGYU) » Definitions » ROCE %

TLGY Acquisition (TLGY Acquisition) ROCE % : -1.65% (As of Mar. 2024)


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

What is TLGY 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. TLGY Acquisition's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.65%.

TLGY Acquisition ROCE % Historical Data

The historical data trend for TLGY 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.

TLGY Acquisition ROCE % Chart

TLGY Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
- -0.58 -1.14

TLGY Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.41 -1.40 -2.42 -2.43 -1.65

TLGY Acquisition ROCE % Calculation

TLGY Acquisition'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 )
=-1.726/( ( (238.368 - 0.362) + (66.005 - 1.837) )/ 2 )
=-1.726/( (238.006+64.168)/ 2 )
=-1.726/151.087
=-1.14 %

TLGY Acquisition's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-1.072/( ( (66.005 - 1.837) + (67.219 - 1.765) )/ 2 )
=-1.072/( ( 64.168 + 65.454 )/ 2 )
=-1.072/64.811
=-1.65 %

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

TLGY Acquisition  (NAS:TLGYU) 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.

TLGY Acquisition ROCE % Related Terms

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

TLGY Acquisition (TLGY Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TLGY Acquisition Corp (NAS:TLGYU) » Definitions » ROCE %
Comparable Companies
PACI PLMI IRAA LCA WNNR KRNL NSTD ROSS ESHA SAMA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
TLGY:USA
Address
4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807
Website
https://www.tlgyacquisition.com
TLGY Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.