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Dominion Lending Centres (Dominion Lending Centres) ROCE % : 8.52% (As of Mar. 2024)


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What is Dominion Lending Centres 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. Dominion Lending Centres's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.52%.


Dominion Lending Centres ROCE % Historical Data

The historical data trend for Dominion Lending Centres'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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Dominion Lending Centres ROCE % Chart

Dominion Lending Centres Annual Data
Trend Sep13 Sep14 Sep15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.43 7.34 17.96 12.21 9.29

Dominion Lending Centres Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.77 -3.96 19.13 4.01 8.52

Dominion Lending Centres ROCE % Calculation

Dominion Lending Centres'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 )
=12.739/( ( (164.841 - 28.273) + (162.572 - 24.77) )/ 2 )
=12.739/( (136.568+137.802)/ 2 )
=12.739/137.185
=9.29 %

Dominion Lending Centres'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 )
=11.636/( ( (162.572 - 24.77) + (156.43 - 21.181) )/ 2 )
=11.636/( ( 137.802 + 135.249 )/ 2 )
=11.636/136.5255
=8.52 %

(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.


Dominion Lending Centres  (OTCPK:BRLGF) 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.


Dominion Lending Centres ROCE % Related Terms

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Dominion Lending Centres (Dominion Lending Centres) Business Description

Traded in Other Exchanges
Address
2207 - 4th Street SW, Suite 400, Calgary, AB, CAN, T2S 1X1
Dominion Lending Centres Inc is a mortgage brokerage franchisor and mortgage broker data connectivity provider with operations across Canada. The Group operates through Dominion Lending Centres and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc and Newton Connectivity Systems Inc. The company has two operating segments, namely, the Core Business Operations segment and the NonCore Business Asset Management segment. The company generates revenue mainly from franchising and mortgage brokerage services.