B90 Holdings (LSE:B90) ROCE % : -75.31% (As of Jun. 2023)

View and export this data going back to 2013. Start your Free Trial

What is B90 Holdings 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. B90 Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was -75.31%.

B90 Holdings ROCE % Historical Data

The historical data trend for B90 Holdings'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.

B90 Holdings ROCE % Chart

B90 Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

2.84

-14,269.23

-344.00

-97.89

B90 Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															-	-162.18	-48.21	-124.68	-75.31

B90 Holdings ROCE % Calculation

B90 Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-3.693	/	( ( (7.737 - 3.565)	+	(6.186 - 2.813) )	/ 2 )
	=	-3.693	/	( (4.172	+	3.373)	/ 2 )
	=	-3.693	/	3.7725
	=	-97.89 %

B90 Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-2.786	/	( ( (6.186 - 2.813)	+	(6.262 - 2.236) )	/ 2 )
	=	-2.786	/	( ( 3.373	+	4.026 )	/ 2 )
	=	-2.786	/	3.6995
	=	-75.31 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

B90 Holdings (LSE:B90) 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.

B90 Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of B90 Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

B90 Holdings (LSE:B90) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » B90 Holdings PLC (LSE:B90) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 -37 Athol Street, Douglas, IMN, IM1 1LB

Website

https://www.b90holdings.com

B90 Holdings PLC is a gambling company. The company is engaged in offering online Sportsbook and Casino operations, casino products as well as marketing activities for other online gaming companies. The company earns maximum revenue from the online sportsbook and casino operations.

B90 Holdings (LSE:B90) Headlines

No Headlines