Liberty SiriusXM Group (FRA:LM0E) ROCE % : 5.74% (As of Dec. 2023)

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What is Liberty SiriusXM Group 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. Liberty SiriusXM Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.74%.

Liberty SiriusXM Group ROCE % Historical Data

The historical data trend for Liberty SiriusXM Group'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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Liberty SiriusXM Group ROCE % Chart

Liberty SiriusXM Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.43

-0.49

5.49

9.73

6.82

Liberty SiriusXM Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															7.39	6.37	5.93	9.09	5.74

Liberty SiriusXM Group ROCE % Calculation

Liberty SiriusXM Group'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 )
	=	1656.102	/	( ( (28772.176 - 4100.736)	+	(27419.217 - 3554.292) )	/ 2 )
	=	1656.102	/	( (24671.44	+	23864.925)	/ 2 )
	=	1656.102	/	24268.1825
	=	6.82 %

Liberty SiriusXM Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	1397.508	/	( ( (28050.969 - 3213.91)	+	(27419.217 - 3554.292) )	/ 2 )
	=	1397.508	/	( ( 24837.059	+	23864.925 )	/ 2 )
	=	1397.508	/	24350.992
	=	5.74 %

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

Liberty SiriusXM Group (FRA:LM0E) 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.

Liberty SiriusXM Group ROCE % Related Terms

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Liberty SiriusXM Group (FRA:LM0E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Liberty SiriusXM Group (FRA:LM0E) » Definitions » ROCE %

Comparable Companies

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LSXMK:USA LSXMB:USA LSXMA:USA LSXMA:Mexico LM0C:Germany

Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

https://www.libertymedia.com

Liberty SiriusXM Group through its subsidiary holding is engaged in providing a subscription-based satellite radio service. It transmits music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services. The firm's segments include Sirius XM Holdings, Formula 1, and Braves Group. The company distributes its satellite radios through automakers and rental car companies, as well as through its retail locations and Website; and satellite radio services to various automaker customers. Geographically it offers services in the region of the US and Canada.

Liberty SiriusXM Group (FRA:LM0E) Headlines

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