Fatfish Group (ASX:FFG) ROCE % : -133.92% (As of Dec. 2023)

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What is Fatfish 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. Fatfish Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -133.92%.

Fatfish Group ROCE % Historical Data

The historical data trend for Fatfish 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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Fatfish Group ROCE % Chart

Fatfish Group Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-63.04

0.31

-45.95

-164.38

-129.01

Fatfish Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-6.78	-128.08	-325.23	-178.61	-133.92

Fatfish Group ROCE % Calculation

Fatfish 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 )
	=	-2.386	/	( ( (14.952 - 13.982)	+	(15.337 - 12.608) )	/ 2 )
	=	-2.386	/	( (0.97	+	2.729)	/ 2 )
	=	-2.386	/	1.8495
	=	-129.01 %

Fatfish 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-2.718	/	( ( (13.525 - 12.195)	+	(15.337 - 12.608) )	/ 2 )
	=	-2.718	/	( ( 1.33	+	2.729 )	/ 2 )
	=	-2.718	/	2.0295
	=	-133.92 %

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

Fatfish Group (ASX:FFG) 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.

Fatfish Group ROCE % Related Terms

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Fatfish Group (ASX:FFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Fatfish Group Ltd (ASX:FFG) » Definitions » ROCE %

Comparable Companies

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FFTTF:USA 1JU:Germany

Address

91 William Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.fatfish.co

Fatfish Group Ltd is a global tech venture investment and development company. The company has regrouped operating segments in Incubator services, Digital currency mining, BNPL and Insurtech services Geographically the company caters its services in Australia, Singapore and British Virgin Island which drives the majority of revenue for the company.